AIG Bank has two bank deals that offer closing credits to customers who apply for a mortgage or home equity line of credit (HELOC). Details of the mortgage offer include:

• $500 credit toward closing costs on a first mortgage
• Mortgage applications must be made between Nov. 1, 2009 and March 31, 2010
• Must close on mortgage loan by June 30, 2010

The home equity line of credit offer includes:

• Credit up to $2,000 to offset closing costs and appraisal fee for HELOC in the first lien position
• Credit up to $1,000 for HELOC in a second lien position

Neither of these bank deals can be used with other AIG bank closing cost credits or promotions. You can apply for a mortgage or HELOC online or by phone.

While waiting for your mortgage to close you can park the down payment in an AIG Bank money market account. The bank has money market rates above the average of 1.12%. Money market rates at the bank are:

• 1.3% annual percentage yield (APY) for deposits of $10,000 to $49,999
• 1.4% APY for $50,000 to $99,999
• 1.45% APY for $100,000 to $249,999
• 1.5% APY $250,000 and up

The rates for the money markets are current as of Jan. 14, 2010, but can change at any time. Money markets require a minimum opening deposit of $2,500. Balances below $1,000 do not earn interest.

Two AmericaNet Bank deals offer higher than average interest rates. The bank’s Rewards Checking account offers a 4% annual percentage yield (APY) and the Mega Money Market Account offers a 2% APY.

AmericaNet is part of Oklahoma-based All America Bank, which has been in business since 1969.

Details of the free checking account offer include:

• Free online banking
• Free AmericaNet Bank Visa CheckCard
• Free daily email notification if checking account is overdrawn
• Free ATM transactions world-wide
• No minimum balance

The only requirements to get the 4% rate on the free checking account are to make 10 sales transactions with the Visa CheckCard and to receive all statements electronically. The 4% interest rate applies to account balances up to $10,000. Balances over $10,000 earn 1% APY.

Details of the money market offer include:

• Electronic statements
• Free AmericaNet Bank Visa CheckCard
• No monthly maintenance fee
• Free online banking
• No minimum balance

The money market rate of 2% APY applies to balances up to $35,000. Balances over that amount earn 1% APY. Money market accounts include six free withdrawals each month. Each withdrawal over that amount is subject to a $5 fee.

AmericaNet Bank allows you to open two Rewards Checking accounts and one Mega Money Market Account in your name. Money deposited in accounts is FDIC-insured.

BankOn has a money market with a 2.05% annual percentage yield (APY), plus a $50 cash bonus. Money market accounts are available only to residents of Nebraska, Colorado, Kansas, Missouri, and Wyoming.

• Money market accounts only available online
• Automatic transfers from BankOn checking accounts
• No minimum balance after opening
• No checks
• Online statements only
• Mobile banking and telebank
• Use U.S. checking account, credit card, or debit card to fund money market

You must open both a BankOn money market and checking account to receive the $50 bonus. The $50 bonus is paid within 10 days of opening the account. Each household is limited to one bonus offer.

BankOn checking account requires a $100 minimum opening deposit and allows you to have an unlimited number of transactions. The checking account also must be opened online with the money market account. Other checking account features include free Visa check card with cash back rewards, Visa credit cards subject to credit approval, and free bill pay.

You must be a U.S. citizen or U.S. resident alien to open an account. Resident aliens need two forms of ID to open an account.

BankOn accounts are insured by the Federal Deposit Insurance Corp. The bank is part of Pinnacle Bank.

Money market rates are averaging 1.22% for deposits under $10,000. However, Nationwide Bank is offering rates of 1.7% on all of its money market accounts as of Oct. 26. Nationwide money market accounts include:

• Free online banking and online statements
• Free first order of checks
• Free ATM card
• Two free ATM transactions a month at non-Nationwide Bank ATMs; after that they are $1.50 per transaction
• Free transfers between money market account and other banks
• $1,000 minimum opening balance

The money market is required to have  a $1,000 minimum daily balance or an $8 monthly maintenance fee is charged. Money markets also allow six pre-authorized withdrawals during each monthly statement cycle. That includes telephone or electronic transfers, check, or point-of-sale transactions.

Nationwide Associate and Agency Banking Program members don’t have a monthly maintenance fee and are allowed a minimum opening balance of $250. They also get free transactions at non-Nationwide Bank ATMS, although there may be a surcharge from the ATM owners.

Nationwide money market accounts offer Federal Deposit Insurance Corp. (FDIC) insurance up to $250,000 per depositor through 2013.

Nationwide Bank is based in Columbus, Ohio, and provides a range of insurance and financial products. The company is rated A+ by A.M. Best.

VirtualBank has money market rates as high as 1.82% APY. You don’t need a lot of money to open these money market accounts, which have a minimum deposit of $100. The money market accounts also include:

• No monthly fees
• No minimum balance requirements
• Transfer money for free from your existing checking account
• Free online statements
• Free deposits and withdrawals electronically

These online money market accounts also are insured by the Federal Deposit Insurance Corp. You can get more information about FDIC coverage on money market accounts here.

The following money market rates are available as of Oct. 10:

• 0.8% APY for deposits under $10,000
• 1.26% APY for $10,000 to $24,999
• 1.51% APY for $25,000 to $49,999
• 1.71% APY for $50,000 to $99,999
• 1.82% APY for $100,000 and up

You can also earn money by referring friends to VirtualBank. You must have a VirtualBank checking, savings, or money market account to qualify for the offer. You can refer up to 50 friends to sign up for a money market account. Friends are only eligible if they have never had an account with VirtualBank or its parent, Lydian Private Bank.

You and each friend who signs up will receive $20 each, and you can earn a total of $1,000. The money you receive will be reported as interest on Form 1099INT.