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Tiered money market rates from Incredible Bank

By Elaine Griffin

Tiered interest rates on the online money market account are available at Incredible Bank. Annual percentage yields are valid as of May 1, 2011 and are subject to change. They are as follows: 1.15 percent APY on balances between $2,500 and $99,999, 1.25 percent APY on balances between $100,000 and $249,999, and 0.80 percent APY on balances over $250,000. This account must be opened with a minimum of $2,500, a minimum balance that must be maintained in order to earn a rate and avoid fees.

Incredible Bank accounts are guaranteed by River Valley Bank. River Valley Bank was established in, and has been a member of the FDIC since December 1967. They are headquartered in Wisconsin. Incredible Bank, is a division of River Valley Bank, providing online accounts nationwide.

Type of account: Money Market

Bank requirements:

  • This account must be opened online
  • This account must be opened with a minimum of $2,500
  • Maintain average daily balance of at least $2,500 in order to earn rate and avoid fees
  • For more information, contact Incredible Bank

Account benefits:

  • Competitive, tiered annual percentage yields

 

 

Disclaimer: Discover is a paid advertiser of this site.
Reasonable efforts are made to maintain accurate information. See the Discover online credit card application for full terms and conditions on offers and rewards.

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