Comments on: AmTrust Direct 5.26% APY Money Market

By: suzan

suzan — Tue, 10 Jun 2008 13:29:27 +0000

where is am trust direct bank located in New York

By: Brad

Brad — Tue, 29 Jan 2008 23:43:26 +0000

While rates have been dropping lately across the industry, Amtrustonline continues to be at the top of the list when it comes to compareable type of liquid funds offered.

As far as the comments above, it never ceases to amaze me how people can be so financially ignorant. Be responsible, keep a job, pay your bills, establish a decent credit rating, and use common sense when selecting investment instruments to reach your financial goals. I just hope Adam has some family or friends to help him out.

Good luck people!

By: Bankaholic.com

Bankaholic.com — Wed, 07 Nov 2007 21:58:52 +0000

Bob has a good point.

By: Bob

Bob — Wed, 06 Jun 2007 20:30:01 +0000

Adam, is your credit really that bad? And is $50 so much for opening an account? Come on, get with it.

By: Adam T.

Adam T. — Tue, 15 May 2007 20:39:11 +0000

I just tried to do business with Amtrust Bank. They appear to be an elitist bank that only opens ANY bank account for those with a credit report that meets their criteria for credit reports to accept money from working class citizens who want to have a bank for their money. From my understanding, the minimum to open up their most basic account is $50, and if you don’t qualify on your credit report according to their rules for using people’s money for their own business investments, then you can not do business with Amtrust Bank.

So if you’re thinking of giving Amtrust $1,000 of your earned income to open up one of their “e-money market” accounts, then you can forget it.

It doesn’t matter what their interest rate is or how high or what they set their Rates to…if you don’t qualify with them then it doesn’t matter if you have money to bank with with Amtrust.

But if you want a “free credit report” then try to open an account with them. But they only want your money if you fit their “credit qualifications”. Good luck! They won’t ever be doing business with me.

By: Mostafa

Mostafa — Sun, 13 May 2007 23:28:36 +0000

good to know, thank you

By: Dave B.

Dave B. — Fri, 16 Feb 2007 19:38:41 +0000

The AmTrust telephone rep confirmed that they will run a background credit check just to open a savings account and too many credit enquiries could affect your FICO score.

By: John Emery

John Emery — Sun, 28 Jan 2007 16:38:11 +0000

How do I get the 5.25% interest rate account opened?

By: Bankaholic.com

Bankaholic.com — Thu, 09 Nov 2006 08:34:43 +0000

best money market rates at amtrust direct and best cd rates too!