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AmTrust Direct Savings Account and Money Market Account

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AmTrust Direct is offering some of the best savings account rates and money market account rates currently available. The bank’s current savings account  yield on their e-Savings Account is 1.00 percent for account balances between $1 and $99,999. The average savings account rate is less than half AmTrust's rate.

Savings account balances $100,000 and over receive an annual percentage yield of .50 percent. The minimum opening deposit for a savings account at AmTrust Direct is $500.

The money market account rate on their e-Premium Money Market Account is 1.25 percent on account balances of $10,000 to $149,999. Money market account balances between $1 to $9,999 and $150,000 or more receive an APY of .50 percent.

AmTrust Direct is the online arm of AmTrust Bank a division of New York Community Bank. Both accounts are variable rate accounts like all savings accounts and money market accounts.

AmTrust Direct Savings Account and Money Market Account Information: AmTrust Direct Account Information
Author: Lisa Graham
February 13th, 2010