Available for residents nationwide, mph.bank Money Market Deposit Account is offering a sweet 3.86% APY rate + up to $2000 bonus. Continue reading below to learn everything you need to know about mph.bank.
Update 12/15/25: You can currently earn up to $2000 bonus through December!
- Start your savings journey this December with promo code GIFT– available for new customers only. Open your first account, add funds, and enjoy cash rewards all year long! The more you save, the more you earn. Add funds each quarter to grow your balance and unlock higher rewards. The more you save, the more you earn up to $2000.
- Deposit $10,000 earns a $20 quarterly bonus (up to $80 bonus).
- Deposit $25,000 earns a $50 quarterly bonus (up to $200 bonus).
- Deposit $50,000 earns a $100 quarterly bonus (up to $400 bonus).
- Deposit $100,000 earns a $200 quarterly bonus (up to $800 bonus).
- Deposit $250,000 earns a $500 quarterly bonus (up to $2000 bonus).
Terms:
- New customers to the Raisin platform only. New customers are eligible to earn a cash bonus each quarter for all of 2026 when they deposit and maintain funds with partner banks and credit unions on the Raisin platform subject to the following terms. To qualify, sign up and initiate your first deposit between December 1, 2025, and December 31, 2025 using promo code GIFT during signup. Qualified new customers will then receive a quarterly bonus based on their Eligible Deposit balance maintained on the Raisin platform for each quarter. Quarterly bonus tiers for Eligible Deposit balances are: $20 for balances between $10,000 and $24,999, $50 for balances between $25,000 and $49,999, $100 for balances between $50,000 and $99,999, $200 for balances between $100,000 and $249,999, and $500 for balances of $250,000 or more. “Eligible Deposits” are defined as both funds on deposit and deposits initiated on the Raisin platform by the 14th day of a calendar quarter (the “Qualification Date”). To qualify for a bonus tier, your Eligible Deposit balance must remain above the minimum for a bonus tier from the Qualification Date until the end of that quarter. If your Eligible Deposit balance declines at any time during a quarter after the Qualification Date, you will be placed in the bonus tier corresponding to your lowest Eligible Deposit balance for that quarter even if you subsequently deposit additional funds in that same quarter (though such funds will count as Eligible Deposits for the following quarter). Customers may increase their Eligible Deposit balance and corresponding potential bonus tier by adding funds prior to the quarterly Qualification date (i.e., the first 14 days of the quarter). Bonus payouts for each quarter will be credited directly to your Cash Account within 30 days of that quarter’s end. This offer is available to new customers only and may not be combined with any other bonus offers. Raisin may modify or end this offer at any time and may withhold or revoke bonuses in cases of fraud, abuse, or violation of these terms or Raisin’s Terms of Service.
About mph.bank Money Market Review
mph.bank is an Internet only bank and does not have branch locations. They specialize in providing value to its customers directly. mph.bank savings products can offer highly competitive interest rates. mph.bank was founded by Liberty Savings Bank, which has a history of providing people with valuable products and services.
With such great Money Market rates you can earn big! It provides members with an opportunity to take advantage of Money Market Deposit products.
I’ll review mph.bank Money Market below.
| Balance Requirement | APY Rate |
| $0.01+ | 3.86% APY |
mph.bank Money Market Deposit Account Rate
Please note that interest is compounded daily, then the interest will be credited monthly.
- Account Type: Money Market Deposit Account
- Availability: Nationwide
- Interest Rate: 3.86% APY
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Soft Pull
- Opening Deposit: $1 minimum
- Monthly Fees: None
- Early Termination Fee: None
(FDIC Insured)
An ATM card will be issued upon request. While the opening deposit must be made through an ACH transfer, additional deposits can also be made using the ATM card. Withdrawals can be made using the ATM card or through ACH transfer.
mph.bank ACH Capabilities and Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | 3 days | $9,999,999 | $9,999,999 | |
| Pull | 3 days | $9,999,999 | $9,999,999 |
How to Earn mph.bank Rate
- Click here to open an Money Market Deposit account from mph.bank with an opening deposit of $1.
- Maintain any balance amount and earn the 3.86% APY rate.
Why You Should Sign Up For This Account
- Savings products from our network of financial institutions offer flexible terms and some of the most competitive interest rates
- One account to hold all your deposit products. Simplified statements. Easy access to manage your funds – all through a streamlined digital platform.
- Enjoy 24/7 online access to your account and funds.
Bottom Line
Check out this offer from mph.bank and open an Money Market Deposit Account to earn the high rate today!
For more from mph.bank, see our review on their CD account to earn competitive rates!
Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on mph.bank Money Market Deposit Account.
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