M&T Bank Money Market Rates
M&T Bank has recently launched its new M&T Bank e-Money Market Account. The M&T Bank Money Market Account has an APY of 3.15%. This is certainly one of the best money market rates. It is nice to see M&T bank online moving into money market accounts. This is especially nice since the M&T Bank money market rates are so high.
These new M&T money market rates are great people who already have an M&T account. Current M&T Bank customers now can combine the convenience of a checking account with the interest of a checking account. If you aren’t currently a customer of MT bank, this M&T account is still a great choice if you are wanting to put your money into a high yield money market account.
In addition to M&T bank being online, M&T has over 650 locations. This is a really nice feature of banking with M&T. Having access to local banks is a great advantage over a pure online bank. However, M&T bank online is also a great online banking choice.
Besides the great money market rates offered by M&T, M&T’s money market account has no minimum balance requirements. This is awesome. Many times money market accoutns have very high minimum balance requirements which make them not an option for someone who is just beginning to save money. The M&T money market account has removed this barrier for its customers. For this reason alone you need to check out the M&T bank money market rates.