Available nationwide, EBSB Direct Money Market is offering an attractive 1.74% APY Rate. Keep reading to learn all you need to know about EBSB Direct.
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About EBSB Direct Money Market
At East Boston Savings Bank their strong banking heritage dates back over 168 years, during which time EBSB has taken great pride in its traditions, outstanding management and staff and the institution’s trustworthiness. EBSB manages risk and creates guidelines that are smart, fair, and flexible and has set the standard for outstanding customer service and quality financial products and services.
Additionally, the account gives you access to online banking, eStatements, mobile banking, text alerts, and so much more.
I’ll review EBSB Direct 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.
EBSB Direct Money Market 1.74% Rate
- Account Type: Money Market
- Interest Rate: 1.74% APY
- Minimum Balance: $10,000
- Maximum Balance: $2,000,000
- Availability: Nationwide
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- Opening Deposit: $2,500
- Credit Card Funding: Unknown. Let us know.
- Monthly Fee: Avoid the $15 monthly fee with a minimum daily balance of at least $2,500
- Early Termination Fee: None
(FDIC Insured)
American Express Personal Savings Account - You earn 1.70% 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 Axos UFB High Yield Savings and CIT Bank Savings Builder accounts offer great rates available nationwide. The Discover Online Savings and Chase SavingsSM account have nice sign-up bonuses. |
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| PROMOTIONAL LINK | RATE | REVIEW |
| Discover Bank Online Savings | 1.60% APY + $200 Cash | Review |
| Simple | 1.90% APY | Review |
| CIT Bank Savings Builder | 1.75% APY + $150/$300 Bonus | Review |
| UFB Direct High Yield Savings | 1.90% APY | Review |
| Betterment EverydayTM Cash Reserve | 1.83% APY | Review |
| American Express High Yield Savings | 1.70% APY | Review |
EBSB Direct ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | ? | ? | ? |
| Pull | ? | ? | ? | ? |
Editor’s Note: Help us with the table above in the comment section if you have experience with EBSB Direct’s ACH capabilities.
How to Earn EBSB Direct Rate
- Open a Money Market account from EBSB Direct with an opening deposit of $2,500.
- 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 |
| Less than $10 | 0.00% APY |
| $10 – $10,000 | 0.50% APY |
| $10,000 – Less than $2,000,000 | 1.74% APY |
| $2,000,000 + | 0.80% APY |
Why You Should Sign Up For This Account
- Only $2,500 minimum to open
- Access account with ease using an EBSB Visa™ Debit Card
- Deposits fully insured through FDIC and DIF
- Earns a variable tiered interest rate; compounded and credited monthly
- No-risk investment that pays a higher interest rate
Bottom Line
Consider signing up for the EBSB Direct Money Market account today so you can earn at a rate of 1.74% APY. The minimum requirement used to be $10,000, so take sign up for this deal while the minimum is still low! Not only that, but the balance will also enable you to waive the monthly fee so leaving you less to worry about.
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on EBSB Direct Money Market Account.
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