Everbank is offering a rate of 3.51% APY for the first three months when you open a new money market account. After that the intro period the rate drops to 2.73% which is still good for a liquid account. The return for a year averages out to 2.93% APY. The rate applies for only the first $50,000. There’s a $1,500 minimum deposit and if you fall below $1,500 you get charge a $4.95 fee.
Category: Money Market Rates