earn.bank Money Market Rates

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earn.bank money market ratesearn.bank's money market rate is currently one of the best money market rates available on our rate list. Their current money market rate is at 2.23 percent with an APY of 2.25 percent. You can earn that rate and yield from earn.bank on all account balances over $10,000.

To give you an idea of how good earn.bank's money market rate is right now, the current FDIC's national average money market rate is considerably lower at 0.18 percent.

When you sign up, make sure you choose to receive eStatements. Otherwise, you'll have a $25 monthly fee for paper statements. You need to keep your account balance above $10k or there will be a $10 monthly fee. If you end up with $35+ in monthly charges, you could cause the rate and yield to fall considerably, or quite possibly be a negative return, depending on your account balance. Simple enough, though - balance over 10k and receive eStatements and enjoy one of the best rates available today.
Author: Brian McKay
October 6th, 2019