eBank Money Market

eBank is offering their ePremier money market account which has a decent rate for these times. The rates are tiered and go has high as 2.50 annual percentage yield for a deposit of $100,000 and up. On the low end, deposits of up to $9,999 receive an annual percentage yield of 1.50%.

ePremier money market account rates as of April 7, 2009. Rates can change at any time. Check eBank's website for current rates.

Daily Balances of:

up to $9,999.99

    1.49% 1.50%
$10,000.00 to $24,999.99       1.73% 1.75%
$25,000.00 to $49,999.99     1.98% 2.00%
$50,000.00 to $99,999.99     2.37% 2.40%
$100,000 and up     2.47% 2.50%

There is a minimum opening balance of $1,000. You also have to maintain a minimum daily balance of $1,000 to avoid paying a $10 monthly service fee.

Author: Robert Till
April 7th, 2009

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