MyBankTracker rated Incredible Bank based on the following criteria that includes real customer reviews and bank fees, among others. Our bank report card is a proprietary rating system that highlights the financial health and stability of the bank.
Incredible updated the tier structure on its MMA.
For balances of $2,500-$249,999, earn 1.25% APY. For balances of $250,000 and more, earn 0.80% APY. Average collected balances below $25,00 will result in a monthly fee of $10.
For balances of $0-$100,000, earn 1.15% APY. For balances of $100,001-$249,999, earn 1.25% APY. For balances of $250,000 and more, earn 0.80% APY.
Essentially, it is now easily to earn the highest rate but you face a fee for a low balance.