E*Trade Financial Money Market Account Rates

In March 2008, E*Trade Securities got “4 out of 5 stars” by Barron’s (Online Broker Survey).
In June 2008, E*Trade securities was “Top ranked for the second straight year with high scores across the board” by SmartMoney.
Its achievements have become possible due to its constant effort of finding better ways of doing things. It believes in novelty and fine tuning the old ways of doing business. It has built an integrated portfolio of innovative, customer focused banking products and services.

You may consider investing a minimum initial deposit of $100 in Money Market Account to earn the following rates:

$100,000+ balance earns 1.98% interest, 2.00% APY
$50,000-$99,999.99 balance earns 1.98% interest, 2.00% APY
$5,000-$49,999.99 balance earns 1.73% interest, 1.75% APY
$0-$4,999.99 balance earns 0.20% interest, 0.20% APY
*Rates are accurate as of June 27 2008.

@ $1,000 average monthly balance or $5,000 in combined average monthly balance required to avoid a fee.
@ $10 monthly fee for not abiding by the minimum balance requirement
@ Up to six transactions are allowed
@ For opening an account you must be 18 years of age or older.

E*Trade Financial invests in communities through non-profit partnerships for improving neighborhoods and increasing financial literacy. Additionally it is also dedicated to offering its unique services to low and moderate income communities in the markets.