Evantage Bank has started accepting new customers again for its Mega Money Market Account, which is currently paying 1.00% APY on balances up to $35,000 (balances in excess of this amount earn 0.50% APY). The account has no minimum balance requirements or monthly maintenance fee. The account also comes with a free debit card and six free ATM withdrawals per month. There is an inactivity fee of $10 per month after 12 months.
According to Depositaccounts.com, Evantage Bank’s money market account was so popular that it stopped accepting new customers since early 2011. Currently, several other money market accounts offer higher rates than the one available at Evantage Bank.Related