Are you looking for a money market account or a money market deposit account that will kick start your interest income with a six months bonus rate of 1.10%. After the intro rate, the next six months earn 0.89% and then 0.67% thereafter.
The EverBank Yield Pledge Money Market Account is a great choice if you are on the lookout for a money market account that has a high yield on savings and can maintain a balance of $1,500 or more. EverBank guarantees to all potential depositors that their yields will always be within the top 5 percentile of competitive accounts (as tracked on BankRate.com National Index) of leading banks and thrifts. If you are a rate chaser, and are growing tired of switching your money from bank to bank, you may consider hanging your hat at EverBank for a while.
EverBank Review:
With a disciplined and streamlined business model, EverBank has consistently proven that no matter what the economic forecast may be EverBank will still continue its growth.
About EverBank:
EverBank is an FDIC insured financial services company based on Jacksonville, Florida.
The Everbank Yield Pledge Money Market Account targets serious savers:
- Initial-deposit requirement to open an EverBank Money Market Account is $1,500
- No-fee for Online and Mobile Banking for EverBank Money Market Account depositors
- Up to six withdrawals per month (Note that since this is a money market account, depositors are restricted by Federal regulations to six transfers OR withdrawals on a monthly basis)
- FDIC Insured
- Deposit Checks at home for FREE
- FREE Credit Monitoring coverage for 6 MONTHS
- Can be opened as an IRA
- No monthly fees
Conclusion
EverBank’s Yield Pledge Money Market Account is guarenteed to be in top 5% yields of BankRate’s National Index. With no monthly fees and no minimum balance, and mobile check deposits it is a national competitor.
EverBank’s Yield Pledge sets them apart from other banks as most are unwilling to commit to keep their rates competitive. Also, Everbank is strong financially receiving 4 Stars from BankRate and 4 Stars from Bauer Financial Ratings.
Go ahead and sign up for a new EverBank Yield Pledge Money Market Account, it will only take you 10 minutes!
