Available nationwide, EverBank is offering you a 4.00% APY on your funds for opening a Yield Pledge Money Market Account.
Update 12/23/24: The rate has decreased to 4.00% APY (from 4.30%). We recommend the Western Alliance Bank savings account or the Paprika Capital Bank savings to earn one of the top rates available.
EverBank Money Market
Here is your opportunity to earn a great rate on your funds. Open a new account with a minimum opening deposit of $500 to start earning interest and get started today!
- Rate Offer: 4.00% APY Rate
- Availability: Nationwide
- Credit Inquiry: Soft Pull
- Credit Funding: None
- Minimum Balance: $500
- Maximum Balance: Not listed
- Monthly Fee: None
- Early Termination Fee: None listed
(FDIC Insured)
Account Rates
| Balance | APY |
| $0.01+ | 4.00% APY |
EverBank Account Benefits
- No monthly service fee regardless of the balance.
- Automatic reimbursements of all U.S. ATM fees with a minimum $5,000 balance.
- Free online & mobile banking.
- Free paper checks & mobile check deposits.
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Author’s Verdict
This is a pretty great interest bearing account in comparison to many others! If you have excess funds in your checking account that you know you will not touch, I highly encourage to open some sort of interest bearing account! It’s like adding another stream of income and you’ll be making money in your sleep (a tiny amount, but something is better than nothing)!
In addition to the current rate from EverBank, you can also take advantage of a range of great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank rates!
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