Available nationwide, My Banking Direct Money Market is offering a 0.25% APY Rate. Definitely continue reading below for everything you would need to know about the attractive account and rate!
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My Banking Direct Money Market Review
Built on a longstanding tradition of strength and stability, My Banking Direct is a service of New York Community Bank, which ranks among the largest thrifts in the nation. At My Banking Direct, providing their customers with innovative product offerings, competitive pricing and attention to detail are their top priority!
In addition to the rate from My Banking Direct, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
I’ll review My Banking Direct Money Market below.
My Banking Direct Money Market Rate
All you need to do is maintain a daily balance of $25,000 or more to qualify for the 0.25% APY rate. Once you have provided the balance amount, you will be able to earn the rate as well as a range of account features such as online banking and free bill pay!
- What you’ll get: 0.25% APY
- Eligible account: Money Market
- Credit inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide
- Opening Deposit: $2,500
- Monthly fee: None
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
How to Earn My Banking Direct Rate
- Open a new My Banking Direct Money Market Account with an opening deposit of $2,500.
- Meet the $25,000 balance to earn the 0.25% APY rate.
| Balance Requirement | APY Rate |
| $25.000+ | 0.25% APY |
| $5,000-$24,999.99 | 0.15% APY |
| Below $5,000 | 0.05% APY |
My Banking Direct Account Features
- Only $2,500 to open
- No monthly account maintenance fees
- Check writing capabilities
- NYCB Mobile Deposit
Conclusion
If you are interested in a new banking experience, then look no further than the rates available through MyBanking Direct. With a new account, you do not have to worry about impending fees or depositing too much for your new banking experience. Additionally, you will have access to a range of account features to better your banking experience.
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Check back often to see the latest info on My Banking Direct Money Market Account.
