Everbank Offers 3-month Special Bonus Money Market Rate at 2.51% at Money Market Rates, Highest Savings Account APY, Best Checking Accounts Bonus

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Everbank Offers 3-month Special Bonus Money Market Rate at 2.51%

The Everbank through their Yield Pledge Money Market account offers a bonus rate of 3.51% for new money market account holders for their first three months. The first year APY is 2.16%.

The bonus rate is offered for the first $50000 of the account but the 2.16% APY represents the total annual yield. The bonus best money market rate is combined with the 9 months of current rates to get the yearly gain of the account.

Interested individuals can open this money market account for a minimum deposit of $1500. A service charge of $4.95 is collected if the balance of the money market account drops below the $1500 requirement.

This account comes with free online banking.

Everbank is one of the larger online banks with a good asset base of around $6 billion.

The bank is insured with the FDIC through certificate # 34775.

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Posted on 13th April 2009 by admin in Money Market Rates

1 Comment »

THIS IS A MISTAKE. THE ARTICLE MENTIONS THAT THE BONUS RATE IS 3.51%, BUT IT IS ACTUALLY 2.51%.

Comment by Joe — May 14, 2009 @ 12:44 pm

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