National City Bank Money Market Savings Account Rates

Posted in Banks Money Market Rates by Bankaholic
May 16, 2008 07:50 AM - 0 Comments

National City Corporation (NYSE: NCC) is one of the nation’s largest financial holding companies. It operates through an extensive banking network primarily in Ohio, Florida, Illinois, Indiana, Kentucky, Michigan, Missouri and Pennsylvania and is headquartered in Cleveland, Ohio. It provides a wide range of banking and financial services. The savings products have healthy yields. Money Market Savings Account offers a good interest rate.

For those who want to invest and have access to their funds should opt for Money Market Savings Account. Following are the APYs as offered:
- A balance between $0.01 – $4,999.99 earns an APY of 0.75%.
- A balance between $5,000.00 – $9,999.99 earns an APY of 0.85%.
- A balance between $10,000.00 – $24,999.99 earns an APY of 1.05%.
- A balance between $25,000.00 – $49,999.99 earns an APY of 1.25%.
- A balance of $50,000.00 and more earns an APY of 1.25%.
* The above mentioned APYs have been noted as on 5/16/2008 and may change wothout notice.
** All the above rates have been noted for the region San Marino, CA 91108. You may enter your ZIP Code at this page to collect information for your region:
https://www.nationalcity.com/main/pages/choosezip.asp

@ The minimum deposit required for this account if $1,500.00.
@ When daily balance threshold is met, an appropriate rate is paid on the entire balance.
@ Monthly maintainance fee is $10. You can avoid this fee by maintaining a minimum daily balance of $1,500.
@ Fees may reduce the earnings.

National City Bank provides the facility of Online Banking. You can manage your investment accounts online. Online Banking at National City is completely free. You can:
# Get alerts for your account balances or transactions.
# Get online statements of up to 18 months.
# View and Print the front & back of your cleared checks.
# Turn off paper statements, enter stop payment requests, order checks, request a check card etc.

After becoming familiar with all the advantages being offered by National City Bank you can apply for a Money Market Savings Account.