High Yield Money Market Account offered by American Pus Bank N.A., top interest rate at 1.81% APY

American Plus Bank N.A. has a money market deal that offers attractive interest rates. The current money market rates they offer are tiered as follows:

$0.01 to $2,499.99 0.65% APY
$2,500 to $9,999.99 1.41% APY
$10,000 to $24,999.99 1.66% APY
$25,000 to $49,999.99 1.81% APY
$50,000 to $74,999.99 1.81% APY
$75,000 and Up 1.81% APY

This best money market can be opened with an initial funding of at least $100. You may need to stay above the $2,500 line to avoid the $10 monthly service charge.

The money market account is also limited to six withdrawals every month. It will cost you $10 per transaction beyond this set take out limit.

The current interest rates are still posted as of December 1 but these money market rates may be changed any time. It will be best to check out the bank’s website prior to signing up for anything. You can also contact the bank personnel through 626-821-9188. The bank’s only office is located at 630 W. Duarte Road Arcadia, California.

Bankrate.com gave it 3 stars for a fair financial performance while BauerFinancial indexed the bank as a start-up.

American Plus Bank N.A. is covered by the FDIC with certificate number 58469.

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Posted on 29th December 2009 by admin in Money Market Rates

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