Available for residents of Texas, Great Southern Bank is offering a Money Market Account with 0.75% APY.
Continue reading below to learn everything you need to know about Great Southern Bank.
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About Great Southern Bank Money Market Review
Founded in 1998, Great Southern Bank is headquartered in Reeds Spring, Missouri. Since then they have grown to 113 locations, offer money market rates that are 6X the national average, and have an A+ health rating.
They offer a competitive interest rate that, along with its money market account offering, makes sure customers get the service they need.
I’ll review Great Southern Bank Money Market below.
Great Southern Bank Money Market 0.75% Rate
- Account Type: Money Market Account
- Interest Rate: 0.75% APY
- Availability: TX (Bank Locator)
- Minimum Balance: $2,500
- Maximum Balance: None
- Expiration Date: None
- Credit Inquiry: Soft pull
- Opening Deposit: $25
- Credit Card Funding: $5K
- Monthly Fee: No monthly service fees
- Early Termination Fee: Loss of all interest for that time period
Editor’s Note: Available only in and around select Texas metropolitan markets based on zip code. Contact the bank at 800-749-7113 for more info.
American Express® High Yield Savings Account - You earn 0.40% interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 7 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 high yield savings account website, the funds will be reflected in your Current Balance and begin earning interest.
Some other features from American Express High Yield Savings Account include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month.
Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Axos Bank and CIT Bank accounts offer great rates available nationwide which I recommend.
|Discover Bank Online Savings||$200 Bonus + 0.40% APY||Review|
|Aspiration||1.00% APY + $150 Cash||Review|
|Axos Bank High Yield Savings||Up to 0.61% APY||Review|
|Quontic Bank High Yield Savings||0.55% APY||Review|
|CIT Bank Money Market||0.45% APY||Review|
|American Express High Yield Savings||0.40% APY||Review|
Great Southern Bank ACH Capabilities and Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
|Push||?||?||?||6 pre-authorized transfers per cycle|
|Pull||?||?||?||Unlimited in-person withdrawals|
Editor’s Note: Help us with the table above in the comment section if you have experience with ACH capabilities.
How to Receive Great Southern Bank Rate
- Open a Money Market account
- 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 0.75% APY for balances of $2,500 or more.
- Earn 0.25% APY for balances of $0.01 – $2,499.
|Balance Requirement||APY Rate|
Why You Should Sign Up For This Account
- Maintain the opening deposit to start off earning 0.75% APY
- Receive high earnings without paying back in monthly fees
- Funding accounts is made easy via bank transfers, mobile deposit, wire transfer or check
- Manage your accounts at your leisure from your computer, tablet or mobile device
- Tiered variable rates
- Debit Card, Online Banking, Mobile Banking, Text Banking
- All deposits are FDIC insured to the maximum amount allowed by the law
All in all, this is a fantastic rate from Great Southern Bank. Simply meet the deposit requirement and you will be able to earn the generous rate and benefits that account has to offer. Be sure to take advantage of this great promotion and start earning today!
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on Great Southern Bank Money Market Account.