Available for residents nationwide, My eBanc is offering 1.90% APY when you open a SuperSaver Money Market account. Keep reading to learn everything you need to know about My eBanc.
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About My eBanc SuperSaver Money Market
My eBanc is an online FDIC insured savings bank that delivers you the convenience of mobile banking with the personal care you deserve. Backed with over 45 years of experience and a history of taking care of our customers, their team is here to help you achieve your financial goals.
I’ll review My eBanc SuperSaver Money Market below.
My eBanc SuperSaver Money Market Rate
To earn this competitive rate, simply provide the $5,000 minimum opening deposit as well as maintaining a daily balance of $100,000 or more.
- Account Type: SuperSaver Money Market
- Interest Rate: 1.90% APY
- Availability: Nationwide (Branch Locator)
- Credit Inquiry: Hard pull or soft pull? Let us know
- Opening Deposit: $5,000
- Credit Card Funding: Unknown. Let us know.
- Direct Deposit Requirement: None
- Monthly Fee: $15, can be waived by maintaining a minimum daily balance of $5,000 or maintaining aggregate deposits of $5,000
- Early Termination Fee: $50, if closed with 6 months of account opening
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.
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.
|Discover Bank Online Savings||1.60% APY + $200 Cash||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|
My eBanc ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
Editor’s Note: Help us with the table above in the comment section if you have experience with My eBanc’s ACH capabilities.
How to Earn My eBanc Rate
- Open a SuperSaver Money Market account with My eBanc with an opening deposit of $5,000.
- Maintain a balance minimum of $5,000 and earn the 1.90% APY rate.
|Balance Requirement||APY Rate|
Why You Should Sign Up For This Account
- No minimum balance required to earn APY
- Money management tool and eStatements
- Online banking and bill payment
- Mobile banking and check deposit
- FDIC insures your funds so you can have peace of min
All in all, the current promotion from My eBanc is a great one to take advantage of if you’re looking to earn a generous rate. Simply meet the deposit amount and maintain the daily balance to start enjoying all the benefits this account has to offer! Let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on My eBanc SuperSaver Money Market.