Personal Money Market Review Archives

Available to residents of Florida, Optimum Bank is offering a rate of 2.60% APY when you open an Personal Money Market Account at their local branch with an opening deposit of $1,000. To earn this generous rate, just maintain the opening deposit to meet the monthly balance requirement and you can earn the high rate that apply to all balances.

Optimum Bank offers no monthly fees, 24/7 online access and more! This new savings account offers a APY rate that is more than the average account, so take advantage and sign up today! See our Bank Bonuses from HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.

Optimum Bank Account Info

Direct Link to Offer
Account Type:Personal Money Market Account
Interest Rate: 2.60% APY
Availability: FL (Branch Locator)
Minimum Balance: $1,000
Maximum Balance: None
Expiration Date: None
Credit Inquiry: Soft pull or Hard Pull?
Opening Deposit: $1,000
Credit Card Funding: Unknown, Let us know
Direct Deposit Requirement: None
Monthly Fee: $20, can be waived with $1,000 minimum balance or direct deposit
Additional Requirements: See below
Early Termination Fee: None
Insured: FDIC

ACH Capabilities & Limits

ACH Type	Speed	Daily $ Limit	Monthly $ Limit	Notes
Push	?	?	?	None
Pull	?	?	?	None

Editor’s Note: Help us with the table above in the comment section if you have experience with ACH capabilities.

How to Receive Optimum Bank Rate

Open a Money Market account from Optimum Bank with minimum deposit of $1,000.
Input your info – Provide your name, address, phone, email and social security number or Tax ID.
Fund the account – Transfer funds electronically from an internal account here or an external account at another bank.
Earn 2.60% APY for balances of $1,000 or more.

Why You Should Sign Up For This Account

Maintain the opening deposit to start off earning 2.60% APY
Funding accounts is made easy via bank transfers, mobile deposit, wire transfer or check
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

Bottom Line

For those of you looking for a savings account with a high APY rate, look no further as Optimum Bank’s Personal Money Market Account offers a 2.60% APY Rate. All you need is a minimum of $1,000 and you’ll start accruing interest at a high rate as soon as they post to your account.

The Personal Money Market Account comes with no fees and is based online so you can keep track of your money at anytime. If you’re known to save and want high earnings with a experienced company, check out Optimum Bank’s Saving Account and sign up with them today. Feel free to share your experiences with this bank by commenting below. For more bank offers, see the complete list of Best Bank Rates!

Sign Up with Optimum Bank

See our favorite Bank Rates to earn high interest!

View the best money market accounts and compare these accounts to the best interest bearing accounts.

The United Club^SM Infinite Card offers 80,000 bonus miles after you spend $5,000 on purchases in the first 3 months from account opening.

You'll earn:
• 4 miles per $1 spent on United purchases
• 2 miles per $1 spent on all other travel and dining
• 1 mile per $1 spent on all other purchases
• Earn up to 10,000 Premier qualifying points per calendar year (25 PQP for every $500 you spend on purchases)

This card does carry an annual fee of $525. However, you can get up to $100 Global Entry, TSA PreCheck or NEXUS fee credit. In addition, you'll get a savings of up to $360 per roundtrip (terms apply) by getting your first and second checked bags for free and Premier Access travel services!

Member FDIC

Click here to learn how to apply