Nationwide Bank is offering a high yield Money Market Account that currently has an annual percentage Yield (APY) of 3.27%.Nationwide Bank is the banking arm of Nationwide Insurance.
The minimum opening balance for the money market account is $1,000.
The 3.27% yield applies to all balances in the MMA.
There isn’t a monthly fee if you maintain an average daily balance of $1,000.
If your account fails below the $1,000 minimum the monthly fee is $8.00
Money Market Account (MMA) Benefits:
- Your first order of checks is Free
- Free online banking (you are automatically enrolled when you open an account)
- You can request a free ATM card.
- Access to more than 37,000 Allpoint surcharge-free ATMs and 400,000 Visa®/PLUS ATMs across the country
- Two free non-Nationwide Bank ATM transactions per month, charge of $1.50 per transactions after.
- Free money transfer between your Nationwide Bank accounts and from your accounts with other banks
- Complete transactions online, over the phone, at an ATM, by mail
- May be linked to a checking account for overdraft protection. There is a $5.00 per day fee for a transfer from a MMA or savings account. So if your account is overdrawn twice in one day you are only charged $5.00.
