If you have over $2,500, you can start earning upwards of 5.2% interest with this hard-to-find Bank of America money market account. [My Money Blog]

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  1. EtherealStrife says:

    “You need $1,000 to open, and a minimum daily balance of $2,500 to avoid a $12 monthly maintenance fee.”

    bleh I’ll stick with 5.05 with no fines or minimums (hsbc). Paying even one of boa’s fines would more than make up for the difference in rates, so no thanks. I know there was a 6 floating around somewhere, if you’re into fines and minimums and whatnot.

  2. FLConsumer says:

    BUT….I can get 5.3% at GMAC Bank and it means staying away from the evil BoA

  3. Jacknut says:

    I can’t get to mymoneyblog.com. :( I have a BofA account so it will be easy to switch over. I know they aren’t popular around here, but we’ve banked with them for years and have never had a problem.

  4. quagmire0 says:

    @flconsumer: yep, been doing that for over a year now.

  5. cman1999 says:

    You can get 6% at [www.fnbodirect.com] First National Bank of Omaha.

  6. Craig says:

    Big deal…5.25% at Ing Direct for new money. No fines or minimums that I’m aware of.

  7. Mr. Gunn says:

    Be careful signing up for this deal. Many people are reporting getting 0.5% and not 5% as they were promised. It’s apparently a quite complicated affair, and few branches and CSRs know what is going on at this moment.