Available nationwide, apply for a VirtualBank‘s eMoney Money Market Account today to earn 4.50% APY that is guaranteed for one year. Continue reading below to learn everything you need to know about VirtualBank.
Update 11/11/24: The rate has decreased to 4.50% APY from 4.75%.
About VirtualBank eMoney Money Market Account
VirtualBank is a division of IBERIABANK, a United-States based commercial bank over $30 billion in assets and is federally insured by FDIC. The Bank provides a comprehensive array of financial services including retail banking, commercial banking, business banking, private banking, and mortgages.
Built for security and ease of use, they provide their clients with the tools and information they need to manage their finances right at their fingertips.
I’ll review VirtualBank eMoney Money Market Account below.
VirtualBank eMoney Money Market Rate
New customers simply need to visit the VirtualBank’s website, open an account, and meet account balance requirements to start earning a higher yield! You must be a first-time holder of these accounts to qualify.
- Account Type: eMoney Money Market Account
- Availability: Nationwide
- Credit Inquiry: Unknown.
- Opening Deposit: $100
- Minimum Balance: None
- Maximum Balance: None
- Credit Card Funding: Unknown
- Direct Deposit Requirement: No
- Monthly Fee: None
(FDIC Insured)
VirtualBank ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | ? | ? | |
| Pull | ? | ? | ? |
Editor’s Note: Help us with the table above in the comment section if you have experience with VirtualBank’s ACH capabilities.
How to Earn VirtualBank Rate
- Open an eMoney Money Market Account from VirtualBank with an opening deposit of $100.
- Input your info – Provide your name, address, phone, email, and social security number or Tax ID.
- Fund the account – Transfer funds electronically from an internal account here or an external account at another bank.
- Earn 5.25% APY.
| Balance Requirement | APY Rate |
| $0.01+ | 4.50% APY |
Why You Should Sign Up For This Account
- No monthly service fees regardless of the balance
- The convenience of free bill pay and free online/mobile banking for check deposits
- Free paper checks & mobile check deposits.
- Have direct access to your money whenever you want 24/7
- Deposits will be FDIC insured up to $250,000 in addition to other digital security measures
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Bottom Line
To open VirtualBank‘s eMoney MMA, you must have an opening balance of at least $100. Don’t allow this yield to slip through your hands. VirtualBank promises to always keep its yield high, so this is a great opportunity to partner up with VirtualBank’s guaranteed high yield!
Let us know about your experience with this bank and comment below. For more bank offers, see the complete list of Best Bank Rates!
Note: Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
Check back often to see the latest info on VirtualBank Online Savings Account.
Just had a chat with CS and was told only US citizen can apply for it.