Available nationwide, EverBank is offering a generous rate of 4.30% APY when you open a High Yield Money Market Account.
Update 11/11/24: The rate has increased to 4.30% APY (from 4.00%). We recommend the Western Alliance Bank savings account to earn one of the top rates available.
About EverBank Money Market
I’ll review EverBank Money Market below.
| Balance Requirement | APY Rate |
| $500+ | 4.30% |
EverBank Money Market Rate
To earn EverBank’s competitive rate, simply open an account online with an opening deposit of $500.
- Account Type: Money Market Account
- Interest Rate: 4.30% APY
- Availability: Nationwide
- Minimum Balance: $500
- Maximum Balance: None
- Credit Inquiry: Unknown
- Opening Deposit: $500
- Monthly Fee: None
- Early Termination Fee: None listed
(FDIC Insured)
EverBank ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | ? | ? | None |
| Pull | ? | ? | ? | None |
Additional deposits can be made through ACH transfers from another bank, wire transfer, mobile deposit, or by mailing a check.
How to Earn EverBank Rate
- Open a Basic Savings account from EverBank with a minimum balance of $500.
- 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 APY based on your account balance.
Why You Should Sign Up For This Account
- Zero hidden fees: Keep your earnings growing, not eroding. Here, you will not be nickel and dimed with a monthly account fee or ATM fees
- Get better connected to your money: Use the EverBank mobile app to bank smartly, on your time and from nearly anywhere on the globe.
- Bank securely and with confidence: Your information is protected with strong encryption methods and even have your back with Web Safety Guarantee.
Bottom Line
Available to residents nationwide, EverBank is offering a competitive rate when you open a High Yield Money Market Account. Rates are subject to change at any time but if you open an account today with a minimum deposit of $500 you can start earning interest on your account.
Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
If you have any information on this account feel free to share your experiences with this bank by commenting below. For more bank offers, see our complete list of Best Bank Rates.
Check back often to see the latest info on EverBank Money Market Account.
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