Everbank Money Market Account
The Everbank money market account is called the Everbank Yield Pledge Money Market Account. This article will provide you with what you need to know about the Everbank money market accounts. If you are looking for the best money market rates, you need to look at what Everbankhas to offer.
The Everbank money market account boast about giving you a high interest rate savings option with the flexibility and easy access to your money that a money market account provides. This is the advantage of a money market account. You get higher interest rates while at the same time being able to write checks against your money market deposits.
Why is Everbank’s money market account called the Everbank Yield Pledge Money Market Account?
Everbank provides a pledge to all of their money market account depositors that the Everbank yield pledge account will always have a money market rate yield as high as the top money market accounts in the United States. Specifically, the Everbank money market account will have a yield at least within 5% of the highest yield money market accounts.
Everbank makes it for you to access you deposits in you money market account. The Everbank account allows you to write up to 6 checks per month and also to make withdrawals from your high yield money market account using ATM withrawals, debit card purchases, and online bill payments. The Everbank online banking website is a top notch site designed for ease of use and customer friendliness.
Additionally the Everbank online banking system includes the Everbank mobile banking service which allows you to use your web-enabled cellphone to do your online banking. I feel that this mobile banking service makes Everbank online banking a real contender in the online banking marketplace.
Like with savings accounts, the Everbank money market accounts are FDIC insured up to $100,000. This should give you peace of mind that you will not lose your savings if Everbank were to go under. FDIC insurance is very important for your money market accounts, and since the Everbank yield pledge money market account is FDIC insured, this is one of the safest places to save money.
You should definitely check out the Everbank online banking website to learn more about the Everbank money market account. I hope that you found this Everbank yield pledge money market account review helpful.