Available for residents nationwide, All America Bank is offering 1.50% APY when you open an account.
Continue reading below to learn everything you need to know about All America Bank.
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About All America Bank Mega Money Market
All America Bank is headquartered in Oklahoma City, Oklahoma. With seven locations, All America Bank’s money market rates are 5X the national average, and are FDIC insured.
With such great money market rates you can earn big! The account gives you access to online banking, eStatements, mobile banking, text alerts, and so much more.
I’ll review All America Bank Mega Money Market below.
Note: Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Bank or CIT Bank.
All America Bank Money Market 1.50% Rate
- Account Type: Mega Money Market Account
- Minimum Balance: None
- Maximum Balance: $50,000
- Availability: Nationwide
- Credit Inquiry: Soft Pull. They pull using ChexSystems.
- Chexsystems: Yes
- Opening Deposit: $500
- Credit Card Funding: No
- Monthly Fee: None
- Early Termination Fee: None
(FDIC Insured)
American Express Personal Savings Account - You earn 1.60% interest rate along with no minimum deposits or monthly fees. Amex Personal Savings has been my favorite Hub account for the past 5 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why: *No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account. *1 to 2 business days ACH transfers speed - With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two. *No loss of interest during transfers - On the day you initiate your transaction on the Personal Savings website, the funds will be reflected in your Current Balance and begin earning interest. Some other features from American Express Personal Savings include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month. |
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Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The UFB High Yield Savings and CIT Bank Savings Builder accounts offer great rates available nationwide. The Discover Online Savings has a nice sign-up bonus plus great rate. |
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| PROMOTIONAL LINK | RATE | REVIEW |
| Discover Bank Online Savings | 1.50% APY + $200 Cash | Review |
| CIT Bank Savings Builder | 1.70% APY + $150/$300 Bonus | Review |
| CIT Bank Money Market | 1.75% APY | Review |
| UFB Direct High Yield Savings | 1.70% APY | Review |
| American Express High Yield Savings | 1.60% APY | Review |
| Simple | 1.55% APY | Review |
All America Bank ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | 1 day | $5,000 | ? | |
| Pull | 1 day | $5,000 | ? | 20+ linked accounts |
Editor’s Note: If you use another banks ACH to transfer in or out, there is no limit. However if you use their ACH (both in & out), you are limited to a maximum of $5K per day. Help us with the table above in the comment section if you have experience with ACH monthly $ capabilities.
How to Earn All America Bank Rate
- Open a Mega Money Market account from All America Bank with an opening deposit of $50.
- Input your info – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account – Transfer funds electronically from an internal account here or an external account at another bank.
| Balance Requirement | APY Rate |
| $0 – $50,000 | 1.50% APY |
| $50,000+ | 0.50% APY |
Why You Should Sign Up For This Account
- No minimum balance required to earn this high rate or hidden fees
- Easy transactions with their provided Visa debit card
- Allowance of six free withdrawals or transfers per statement cycle
- Free online banking with eStatements, bill payments, and electronic transfers
- FDIC-insured funds up to the maximum amount of $250,000
Bottom Line
If you’re looking for a great personal checking account, then check out All America Bank’s Mega Money Market. This account earn you at a competitive 1.50% APY rate with balances under $50,000. You can open the account with no monthly minimum balance requirements and a small opening deposit of $50.
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on All America Bank Mega Money Market Account.
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