Nationwide Bank money market account
Category: Bank Deals, Money Market Rates- fhuff- 2:02 pm/ February 24, 2011Nationwide Bank has a money market account with a 1.05 percent annual percentage yield (APY). The interest rate on the account is higher than the national average, and is current as of Feb. 24, 2011. Other details of the money market include:
- $1,000 minimum to open account
- $1,000 minimum daily balance to avoid monthly maintenance fee of $8
- Link to checking account for overdraft protection
- Free transfers between Nationwide Bank accounts and no charge for transfers to and from other banks
- Two free Nationwide Bank transactions per month–additional transactions are $1.50 each
- Access to more than 37,000 Allpoint surcharge-free ATMs and 400,000 Visa/PLUS ATMs across the U.S.
- Free online statements
- Six pre-authorized withdrawals per monthly statement cycle
Money market accounts can be opened online in a matter of minutes. You must be at least 18 years old, a U.S. resident and have a valid driver’s license or state or military ID.
Nationwide Bank is based in Columbus, Ohio, and is part of a larger financial company that offers a full range of products and services, including insurance, mortgages, annuities, pensions and other financial products. The company has been in business for 80 years.
- 6 Month CD %
- 1-year CD %
- 2-year CD %
- Money Market Account %
- Savings Account %
- 30-year Fixed Mortgage 3.57 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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