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Compare top highest interest rate money market accounts in the nation in 2012
A money market account (or MMA) is a special type of bank savings account offered by banks and credit unions.
The difference is that MMA usually pay higher interest, have higher minimum balance
requirements, and only allow three to six withdrawals per month.
Another difference is that, similar to a checking account, many money market accounts will let you write up
to three checks each month.
Money market account rates are at all time low right now. So more then ever, it's important to get the best
rates possible to keep up with raising inflation. Not surprisingly, the best rates are to be found in online
money market accounts. The main reason for this is that online accounts do everything over the internet and it
eliminates the costs of maintaining branches.
We rated the best high interest money market accounts on overall customer value in 2012.
All accounts listed below are FDIC insured up to $250,000 per depositor.
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EverBank Money Market Rates 2012
- 1.05% with First Year APY of 0.76% to 0.91%
- Minimum opening balance $1,500
- 6 Withdrawals/Transfers per month
- Free online & mobile banking
- Make deposits from home
- Available as an IRA
- Additional online security
- With Yield Pledge Promise, your yields will always be in the top 5% of leading banks.3 Want proof? Right now our yields are 8X higher than the national average.
- For any month in which the account's average daily balance falls below $5,000, an $8.95 fee applies. Fees may reduce earnings.
- FDIC insured
Open EverBank Money Market Account
EverBank Money Market Six Month Bonus Rate of 1.05% with First Year APY of .76% to .91%¹
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Ally Bank Money Market Rates 2012
- 0.84% APY
- No minimum deposit to open
- No monthly maintenance fees
- Other fees, such as those for returned deposit items and outgoing wires, may reduce earnings
- Check card and first 50 checks are free
- No ATM fees at any ATM nationwide
- Daily compounded interest for maximum earnings
- FDIC insured to the maximum allowed by law
- Six transactions per statement cycle with no fees
- Your actual variable rate will go into effect when you make your opening deposit
Open Ally Bank Money Market Account
Ally Bank CD & Savings Account. CD Savings & Money Market Accounts.
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