bank rates

Bashed Banks Have Best MMA Rates Again

If you want to take advantage of the best money market rates you’ll have to give three online banks that have been thoroughly trashed by our readers another chance.

AmericaNet BankAmericaNet, Redneck and Evantage banks are all paying 2.0% APY on their “Mega Money Market” accounts.

That’s the best, nationally-available rate since EverBank cut the yields on its MMAs from 2.15% to 1.77% this month.

Owner Todd Huckabay admits his banks weren’t prepared for the overwhelming response its top-paying MMAs received last spring, but says “I think we’ve gotten most of the problems fixed.”


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