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« Archive for the ‘Money Market Accounts’ Category

Affinity Bank Also Offers Top MMA Rates

On Thursday, we told you about a good local deal on CD rates at Affinity Bank in Atlanta.
The single-office bank also offers a money market account for Georgia residents that beats the top nationally available deal.
You can earn its highest rate — 1.40% — with a balance of $250,000 or more.
But even more [...]

AAA Members Can Earn More On Savings

Having a AAA membership won’t just help you on the road, it can also speed up your path to savings through a partnership with Discover Bank.
AAA members can open savings and money market accounts at Discover Bank and earn 5 basis points more than other account holders.
Discover is offering 1.25% APY on savings accounts and [...]

Money Market Account Rates Hold Steady

The top money market account available nationwide now earns more than the top savings account.
That’s not saying a whole lot.
But at least we can report that MMA rates haven’t seen the same recent decline as savings account rates.
In fact, it’s been six weeks since there has been a change in the [...]

Best MMAs Still Much Better Than Average

The average money market account rates offered by large banks and thrifts is an astoundingly bad 0.18% APY.
So while the top nationally available rates have tumbled over the past month, the best deals are still nearly seven times better than average.
Our new MMA leaders, Hudson City Savings Bank and AmTrust Direct, share the top [...]

North Carolina Deal: 1.26% Money Market

The State Employees’ Credit Union in North Carolina is offering money market account rates to its 1.6 million members that beat the top nationally available deal.
The account offered by the Raleigh, N.C.-based credit union has a rate of 1.26% APY, just a touch above the best national rate of 1.25% APY offered by AmTrust [...]

Evantage Latest To Post ‘Sold Out’ Sign

Yikes.
No sooner do we post an entry pointing out Evantage Bank’s continued rates dominance for money market accounts than the online division of Southwest State Bank in Sentinel, Okla., cuts off new applications.
This follows moves by the other banks owned by the Huckabay family, which similarly ended new applications for money market and high-yield [...]

Best MMA Still Beats 12-Month CD Rates

Looking short-term but don’t like the CD rates you see?
Consider a money market account offered by Evantage Bank, which clobbers the competition and also beats the best nationally available rates for 12-month CDs and savings accounts.
Evantage, the online division of Southwest State Bank in Sentinel, Okla., pays 1.75% APY on its Mega Money Market [...]

2 High-Yield Checking Deals ‘Sold Out’

Dagnabbit.
City slickers who haven’t already ponied up their cash won’t be able to take advantage of great rewards checking offered by tiny Redneck Bank and its sister AmericaNet Bank.
Both online banks have “sold out” signs over their rewards checking accounts, which had offered a 3.75% APY.
Their money market accounts, which had a 1.75% APY, are [...]

Downstate Illinois Deal: 1.76% On MMAs

City National Bank of Metropolis has a super deal on money market accounts for savers in Southern Illinois.
Its Cash Management account is paying 1.76% APY with a $2,500 minimum balance.

That’s more than you can earn with the best nationally available savings and money market accounts.
Since this is a local offer, you must apply in [...]