Evantage Bank, the internet banking division of Southwest State Bank, is promoting a Mega Money Market Account at 3.10%APY. The money market rate offer of 3.10%APY is quite high and very competitive in today’s market.
The Evantage Bank Money Market Account comes with a Free Evantage MasterCard CheckCard, Free Account with no monthly maintenance fee, Free Online Banking, Free 6 Withdrawals per month and no minimum balance. The account also has an overdraft protection and statements are done electronically.
Balances of up to $35,000 earn the 3.10%APY and balances over $35,000 earn 1.65%APY. Bank is insured with FDIC.
Update: Evantage Bank Mega Money Market is now only 2.00%APY.
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