EverBank is offering their FreeNet Checking Account with an introductory rate of 4.76%, the checking rate applies to the first $100,000 deposited and the intro period is for 3 months. After the 3 month period the following rates apply. The minimum opening balance is $1,500.
If you are not satisfied with their checking account they will give you $50.00 just for having an account open for 3 months. To qualify you have to cancel your account within 30 days after the 3 month period and you have to have used their online bill payment 3 times.
| Account Balance |
Rate |
APY |
| |
| $100,000 and Up |
3.45% |
3.51% |
| |
| $50,000 – $99,999 |
3.16% |
3.21% |
| |
| $25,000 – $49,999 |
2.77% |
2.81% |
| |
| $10,000 – $24,999 |
2.48% |
2.51% |
| |
| $9,999 or less |
2.23% |
2.26% |
| |
The FreeNet checking account also has the following benefits.
- No minimum balance requirement to earn interest
- No Monthly Fees
- Free Online and Mobile Banking
- Free Visa Check Card
- Free Unlimited Check Writing
- No EverBank ATM Fees
- $6 per month ATM Fee Reimbursement
- Overdraft Protection
Everbank High Yield Checking Account Application
Author: Brian McKay
July 12th, 2008
