Available nationwide, Dime Community Bank‘s Money Market account allows you to earn 1.35% APY. The rate requires a $1,000 minimum balance to open and does not have monthly fees. This is a great opportunity to make the most of your savings and maximize the return on your money. To get started, new customers simply need to visit Dime Community Bank website, open an account, and meet account balance requirements to start earning a higher yield. The DimeDirect Money Market Account interest rates and APYs vary with the balance. The rates applies to accounts with up to $500K for the Money Market account. With this account, you can get up to six monthly transactions without penalties or fees.
Table of Contents
DimeDirect Money Market Account:
- Sign up today!
- Account Type: Money Market Account
- Interest Rate: 1.35% APY
- Availability: Nationwide
- Minimum Balance: $1,000
- Maximum Balance: $500,000
- Expiration Date: None
- Credit Inquiry: Hard Pull
- Opening Deposit: $1,000
- Direct Deposit Requirement: None
- Additional Requirements: None
- Household Limit: One per customer
- Monthly Fee: None
- Early Termination Fee: None
- Insured: FDIC
How To Earn Dime Community Bank Rate:
- Open a Money Market account from Dime Community Bank with an opening deposit of $1,000.
- 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.
- Earn the 1.35% APY for balances up to $500,000.
Why You Should Sign Up for This Account:
- Dime Community Bank has over 150 years of experience and a 5 star stability rating
- Open an account within minutes online
- No monthly service fees
- Up to six free withdraws per month
- Convenient free online and mobile banking
- Deposits are FDIC insured up to $250,000 with other digital security measures
To open a Dime Community Bank Money Market account, you must have an opening balance of at least $1,000 to earn 1.35% APY. This rate is guaranteed for a one year period from account opening and applies to daily balances up to $500,000. Balances over $500,000 receive a 0.20% APY rate, so keep that in mind. Dime Community Bank has over 150 years of experience in serving their customers, so don’t pass on this chance to earn interest at one of the highest rates in the country. Share your experience and comment down below for our readers! For more offers, check out our list of the Best Bank Rates!