Amegy Bank Money Market Accounts offering up to 0.30% APY
Money market accounts are a wonderful way to have your money earning for you at a competitive and high rate of return with the insurance of the FDIC up to $250,000. Investors enjoy the benefits of a low risk high rate of return along with access to your money when you need it.
Amegy Bank entered the banking industry almost twenty years ago and has gained in popularity and strength through the products they offer and competitive rates delivered to their customers. Money market accounts are only a fraction of what Amegy is delivering to patrons. This traditional lending institution that has taken a route to the twenty first century as a leader in the industry. Customers include private citizens and numerous business accounts. There are many advantages to Amegy Bank money market accounts.
Amegy bank is one of the safest around. This means your money and investment is safe with them.
Amegy Bank provides all of their money market account patrons with a waived monthly maintenance fee with a $2500 minimum daily balance. Money market accounts can be conveniently opened online with an initial deposit of only $1000. Together with easily opening the online money market account you can use online banking, online bill pay, VISA debit card along with check writing privileges. There are several varieties of money market accounts depending upon how much you want to deposit into your account.
As with most investments, the more you save, the higher your interest yield
The interest rates available for the online banking money market accounts are terrific. Amegy Bank is providing APY from .10% to .30% with deposits ranging from $1000 to $100,000 respectively. The more you deposit the more APY is earned. The personal internet money market pays more APY than the regular personal money market. However, both rates are more than aggressive in the banking trade. In addition, the regular personal money market doesn’t have a minimum balance of $1000.
As a customer that maintains a higher balance overall in your money market account, Amegy Bank has developed a Personal Money Market Plus product. Higher balances reflect a higher interest rate for your overall investments in the money market line of products. Balances for the Personal Money Market Plus product range from $250,000 to over a million dollars with APY up to .30%.
If you happen to be an Amegy Bank checking account customer you can combine your checking along with your money market account. Money market accounts see a higher rate of interest when linked with Amegy Bank checking accounts. This product is named the Amegy Bank Relationship Money Market. APY rates are from .20% to .35% depending upon the amount invested in your Relationship Money Market.
With more than its fair share of different money market accounts, Amegy Bank is one of the few traditional lenders that have really invested in their customer’s care when it comes to what they can deliver for great savings in the money market sector of banking.