Available for residents nationwide, M.Y. Safra Bank is offering a Direct Online Money Market with 0.25% APY.
Continue reading below to learn everything you need to know about M.Y. Safra Bank.
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About M.Y. Safra Bank Review
M.Y. Safra Bank offers its banking customers a variety of deposit products. These include personal checking accounts, personal savings accounts, personal money market accounts, and Certificates of Deposit (CDs).
Customers are provided with access to online banking, bill pay, ATM, and debit cards.
I’ll review M.Y. Safra Bank Direct Online Money Market below.
M.Y. Safra Bank Direct Online Money Market 0.25% Rate
- Account Type: Direct Online Money Market Account
- Interest Rate: 0.25% APY
- Minimum Balance: $5,000
- Maximum Balance: $1,000,000
- Availability: Nationwide
- Credit Inquiry: Unknown
- Opening Deposit: $5,000
- Credit Card Funding: Unknown
- Monthly Fee: None
- Early Termination Fee: A penalty will be imposed for early withdrawal of principal
(Does Not Expire)
M.Y. Safra Bank ACH Capabilities and Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
How to Earn M.Y. Safra Bank Rates
- Open an Direct Online Money Market Savings account from M.Y. Safra Bank with a deposit of $5,000
- Maintain a balance no less then $5,000 and no more than a $500,000 balance to earn the 0.25% APY rate
|Balance Requirement||APY Rate|
|$5,000 – $500,000||0.25% APY|
|$500,000.01 – $1,000,000||0.25% APY|
Why You Should Sign Up For This Account
- Open a M.Y. Safra Bank account online in just minutes
- Interest is compounded monthly
- eStatements instead of waiting for paper statements in the mail
- Free online banking to efficiently make transfers and payments
- FDIC insures your funds so you can have peace of mind
Check out this offer from M.Y. Safra Bank and open an Direct Online Money Market Savings Account to earn a 0.25% APY rate today! All it takes is to maintain a $5,000 minimum balance to earn the APY rate! The opening deposit automatically waives the monthly fee, leaving you less to worry about. Take advantage of the services they have to offer along with these savings. It takes just minutes online, so open an account today!
For more bank offers, see the complete list of Best Bank Rates!
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