Annual Percentage Yield (APY)
3.80% APY
Monthly Fee
$0
Welcome Bonus
N/A
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Minimum Deposit:$0
Annual Percentage Yield (APY):
3.80% APY
Welcome Bonus: N/A
Monthly Fee:
$0
Minimum Deposit:
$0
The EverBank Performance® Money Market account offers a tiered APY of up to 3.80% for balances of $10,000 or more, making it a strong contender for those with larger savings. Its lack of monthly fees and the flexibility of a $0 minimum opening deposit enhance its appeal.
Pros:
- Tiered APY structure
- No monthly fees
Cons:
- Requires higher balances for top APY
In summary, the EverBank Performance® Money Market account is ideal for savers looking to maximize their returns with a competitive APY and no monthly fees, particularly those with balances of $10,000 or more who value flexibility in their savings options.