The Bank of Internet USA Delivers High Yielding Money Market Account

The Bank of Internet USA has been providing top-tier deposit rates on the internet for a very long time. Never that far off from the list of top rates in the country, this week The Bank of Internet USA is offering a Money Market Savings Account with a yield of 3.90% for all balances over $1. Accounts can be opened online at bankofinternet.com.

Features of the Money Market Savings Account:

-Minimum deposit $100

-No monthly service charge, no minimum balance required
-Limited check writing privileges (3 checks per month)
-Free check printing — BofI MMS pack
-ATM Card available
-Interest is compounded daily and paid monthly

-Account activity online including check images

More about Bank of Internet from their website:

The Bank of Internet USA (BofI), is headquartered in beautiful San Diego California and provides service to customers throughout the United States.FDIC insured, BofI offers traditional banking and loan services entirely over the Internet. Of course, if you’re in San Diego, you can visit our home office. Bank of Internet USA was started with a management team and board of directors that have extensive banking and business experience. President and CEO, Gary Lewis Evans, is considered an Internet banking pioneer whose history goes back to the early days of Internet banking in 1994. Bank of Internet was created by 20 organizers that made San Diego history by raising more capital for a newly formed bank — in excess of $14 million — than any other bank in the county.