AmericaNet Bank, a division of Oklahoma based All-America Bank is offering 3.10% APY on its Mega Money Market Account. Key featured of the account include:
- Includes 6 FREE withdrawals per month ($5 fee for each additional withdrawal)
- FREE Account (No Monthly Maintenance Fee)
- FREE Daily Email Notification if Overdrawn
- NO MINIMUM BALANCE
The account application is all electronic. Identify is authenticated via several questions pulled from your credit report. Funding the account can be electronically via ACH.
AmericaNet also offers a 5.25% APY Rewards Checking account on the first $25,000 deposited. The subsequent funds receive a lower rate of 2.25% APY, which is still competitive. To get the rate the sole requirement is that you must make 10 AmericaNet Bank® VISA® CheckCard sales transactions per month.
Safety and Soundness
All-America Bank, the parent company of AmericaNet Bank has a Bauer rating of 4 out of 5 stars (Excellent) for its safety and soudness. The bank has been FDIC insured since December 22, 1969 (Certificate # 20093).
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