Everbank 4% Introductory Money Market Account
December 25th, 2008
| Name | Minimum Deposit | Interest Rate |
|---|---|---|
![]() | $1,500 | 2.51% 3 month introductory rate on balances up to $50,000 |
Everbank is offering a 4% APY 3 month introductory rate on their money market accounts. After the introductory period is over the interest rate falls to 3.42% on up to $50,000. You need $1,500 to open an account and need to maintain at least that amount to avoid the $4.95 monthly service fee. Everbank is one of the more sound banks out there today.
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