If you’re looking for a new savings account available nationwide, Northern Bank Direct Money Market Account is offering you 3.75% APY.
Update 5/29/25: The rate has decreased to 3.75% APY from 4.25%.
Northern Bank Direct Money Market Account
Here is your opportunity to earn a competitive rate on your funds. Open the account with a minimum opening deposit of $5,000 to start earning interest today!
- Account Type: Money Market
- Rate Offer: 3.75% APY Rate
- Availability: Nationwide
- Credit Inquiry: Unknown
- Credit Funding: Unknown
- Minimum Balance: $5,000
- Maximum Balance: $250,000
- Monthly Fee: None
- Early Termination Fee: $25, within 120 days.
(FDIC Insured)
| PROMOTION LINK | OFFER | OFFER |
| SoFi Checking and Savings Account | 3.30% APY + $325 Bonus | Review |
| Always.Bank Savings | 4.00% APY | Review |
| Valley Direct Online Savings | 4.00% APY | Review |
| Valley Bank High Yield Savings | 3.96% APY + $1200 Bonus | Review |
| Centier Bank High Yield Savings | 3.90% APY + $1200 Bonus | Review |
| American First Credit Union Money Market Deposit | 3.90% APY + $1200 Bonus | Review |
| Western Alliance Bank High-Yield Savings | 3.80% APY + $1200 Bonus | Review |
| Live Oak Bank Savings | 3.80% APY | Review |
| Quontic Bank High Yield Savings | 3.50% APY | Review |
| Robinhood Gold | 3.25% APY | Review |
| Betterment Cash Reserve | 3.25% APY | Review |
| Upgrade Premier Savings | 3.05% APY | Review |
Northern Bank Direct ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | $5,000 | $25,000 | $3 fee for outgoing transfers |
| Pull | ? | $5,000 | $25,000 | Limit 10 transactions per day, 100 per month |
Editor’s Note: Help us with the table above in the comment section if you have experience with ACH capabilities.
Northern Bank Direct Account Benefits
- Convenient online and mobile banking
- Member of the SUM® Program, so you can avoid ATM surcharges by using participating ATMs
- Electronic transfers
- Minimum of $5,000 to open
- No monthly service charges
- FDIC insured
 |
 |
 |
Author’s Verdict
Check out this offer from Northern Bank Direct and open a Money Market account with an amazing rate! Take advantage of the services they have to offer along with these savings. Let us know about your experience with this bank and comment below.
If you happen to know whether this account incurs a hard/soft pull, please let us know. Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank rates!
Leave a Reply