Available nationwide, SunTrust Advantage Money Market is offering a rate of 1.50% APY when you open and meet the requirements.
Continue reading below to learn everything you need to know about SunTrust Advantage.
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About SunTrust Advantage Money Market
SunTurst Advantage is the online banking service of SunTrust Bank. The bank also provides commercial and small business financing solutions, as well as wealth management services for institutional and individual investors.
Their online access make it easy and convenient to accomplish various account management tasks. The bank has also released a secure mobile app that allows customers to access to their accounts via smartphone or tablet device.
I’ll review SunTrust Advantage Money Market Account below.
SunTrust Advantage Online Savings Rate
To earn this generous rate, just maintain the minimum deposit of $10,000.
- Account Type: Money Market Account
- Interest Rate: 1.50% APY
- Availability: Nationwide (Online Bank)
- Minimum Balance: $10,000
- Maximum Balance: None
- Credit Inquiry: Unknown
- Opening Deposit: $10,000
- Credit Card Funding: None
- Direct Deposit Requirement: None
- Monthly Fee: $17, waived with daily balance of $10,000
- Early Termination Fee:Not specified
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 + $100/$200 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|
SunTrust Advantage 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 ACH capabilities.
How to Earn SunTrust Advantage Rate
- Open a Money Market account from SunTrust Advantage with minimum deposit of $10,000 to earn the high rate
- Earn 1.50% APY as long as you maintain the balance of $10,000
|Balance Requirement||APY Rate|
Why You Should Sign Up For This Account
- Manage your accounts at your leisure from your computer, tablet or mobile device
- All deposits are FDIC insured to the maximum amount allowed by the law
- Funding accounts is made easy via bank transfers, mobile deposit, wire transfer or check
This offer may be for those looking for a savings account with a high APY rate. If you meet the balance of $10,000 you can earn this rate for a year. For more information on this savings account see the link above or contact SunTrust Advantage. 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 SunTrust Advantage Money Market Account.