Amalgamated Bank is offering a guaranteed promotional rate of 1.10% APY on its Money Market Account to online customers nationwide. For the first 12 months, 1.10% APY is earned on all balances up to $1 Million. There is no minimum deposit required to open the Money Market Account and no monthly fees. After the 12 months, a tiered interest rate is based on balances. The Money Market Account must be opened online to receive the promotional rate.
Amalgamated Bank Money Market 1.10% APY Bonus:
- Sign Up Offer
- Rate:
1.10% APY for balances up to $1 Million for 12 months - Account Type: Money Market Account
- Availability: Nationwide Online
- Expiration Date: Limited time
- Hard Inquiry: Unkown
- Opening Deposit Credit Card Funding: Unknown
- Direct Deposit Requirement: None
- Monthly Fee: None
- Additional Requirements: None
- Closing Account Fee: None
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Amalgamated Bank Money Market Account Features:
- Earn 1.10% APY for the first 12 months on balances up to $1,000,000
- After 12 months, tiered interest based on balances
- No minimum deposit required to open account
- No monthly maintenance fees
- ATM card available
- Some check-writing capabilities
- Online and mobile banking
Bottom Line:
Very few banks offer a 12 month introductory APY rate higher than the 1.10% with Amalgamated Bank’s Money Market Account. The 1.10% APY is guaranteed on all balances up to $1,000,000. It’s also difficult to find other banks offering Money Market Accounts without requiring a minimum deposit required and no monthly fee charges. Since this promotion is only available online, anyone in the U.S. can open an account but is limited to one per customer. Find all the best rates on savings from our exclusive list nationwide!
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