Bank of America - Money market Savings Rates

Bank Of America - Bank of America - Money market Savings Rates

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These days, money shop savings accounts are contribution great convenience in terms of both interest and withdrawals.

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Bank Of America

Bank of America is providing the premise of savings catalogue that has high yields provided the required minimum equilibrium is maintained. To open a money shop savings catalogue you want an amount of ,000. You are also required to mouth ,500 as a daily equilibrium which is the minimum requirement. If you are maintaining an catalogue with Bank of America then maintaining the daily minimum equilibrium will not be a problem.

Some of the features of money shop savings are:

The interest rates are tiered. This means if your equilibrium in the catalogue increases, the interest also increases. Bank of America also allows for unlimited withdrawals from Atm. The equilibrium requirement for the catalogue is also reasonable. The premise of online banking is also available. If the required minimum equilibrium is maintained or if you checking catalogue is linked then monthly maintenance fees can be avoided.

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