Get your money in top working condition with our high yield money market account. With our Yield Pledge promise as the catalyst, we'll kick your money into gear with yields that never stray from the top 5% of Competitive Accounts.3 The way we see it, it's our job to keep your hard-earned money safe and growing so that when you're not working, you're living right.
Average is no way for your money to go through life. Come to EverBank and say so long to substandard earnings—for good. Because even after the 1-year intro period, your earnings will stay high as we keep your yield in the top 5% of Competitive Accounts.3
All Annual Percentage Yields (APYs) are accurate as of 2/17/2017 12:00:00 AM.
* First year APY reflects a 1-year introductory rate available to first-time money market clients on balances up to $250,000. Ongoing APYs otherwise apply.1
If depositing more than $250,000, consider opening a companion Yield Pledge Checking Account. This account offers the same 1-year intro APY on balances up to $250,000 for first-time checking clients. Many of our new clients choose to maximize their first year earnings by opening both accounts.
Yes, fees can happen from time to time, but we make it our business to never nickel and dime you with things like ATM fees or the totally arbitrary monthly account fee. In fact, when you keep your balance at or above $5,000, we’ll even reimburse you for ATM fees charged by other banks.6
Quick account details
How you bank is just as important as where you bank. Use our online and mobile solutions to bank smartly, on your time and from nearly anywhere on the globe. We'll get you connected to a higher state of banking.
This isn’t a sales pitch, but rather a brief background story on the origins and motivations behind our high yield commitment. Simply put, it starts and ends with you.
John Pataky EVP, EverBank Consumer Division
Got five minutes? That's about all the time you'll need to run through our quick and seamless online account application.
Open online with ease
Send an opening deposit—mail, mobile deposit5, online transfer
Set up online banking & watch your money grow
The Yield Pledge® Money Market Account is a tiered, variable rate account, unless it was opened prior to 11/06/2016, in which case it is a variable rate account but not tiered. The quoted Annual Percentage Yields (APYs) are accurate as of 2/17/2017 12:00:00 AM. A fixed, 1-year introductory APY is available for first-time Yield Pledge Money Market account holders on balances up to $250,000. The 1-year introductory APY for balances (i) up to $250,000 is 1.11%, and (ii) from $250,000.01 to $10,000,000 is best expressed as a range: 1.11% to 0.63%. Otherwise the variable ongoing APY applies (by balance tier, if applicable). Ongoing APYs and tiers may change without notice. If your average daily balance is within a tier, then your entire balance will have that corresponding APY, except as described above for the 1-year introductory APY. Current ongoing APYs and tiers are: 0.61% for $100,000 - $10,000,000; 0.61% for $50,000 - $99,999.99; 0.61% for $25,000 - $49,999.99; 0.61% for $10,000 - $24,999.99; and 0.61% for balances under $10,000. For accounts opened prior to 11/06/2016, the current ongoing APY for balances up to $10,000,000 is 0.61%. Higher balances are accepted. Accounts opened and initially funded with money transferred from another EverBank account are not eligible for the 1-year introductory APY. The required minimum opening deposit is $5,000. Fees may reduce earnings.
National Average APY information as of 2/16/2017 12:00:00 AM, as tracked in Bankrate.com's BRM National Index. National Average APYs and terms and conditions can change at any time.
Competitor APY information as of 2/16/2017 12:00:00 AM, provided by Market Rates Insight. Competitor APYs and terms and conditions can change at any time. Some competitor rates may vary by region.
EverBank promises that the yield on your Yield Pledge® Checking and/or Money Market Account will stay in the Top 5% of Competitive Accounts based on Bankrate Monitor National Index survey data from the last week of each month. "Competitive Accounts" are similar accounts from the 10 largest banks and thrifts in 10 large U.S. banking markets. This includes data from the 5 largest banks and 5 largest thrifts in each market, except in markets without 5 banks and 5 thrifts. Each week Bankrate.com surveys these institutions and distributes its results on a paid subscription basis. Not all institutions report each week. EverBank reserves the right to change its Yield Pledge calculation method as necessary to accommodate changes in Bankrate's survey methodology at any time.
Federal regulation limits money market accounts to 6 transfers or withdrawals per month, for most types of transfers and withdrawals. Certain transfers and withdrawals are not subject to this limit. See Personal Account Terms, Disclosures and Agreements Booklet for details. Withdrawals and transfers above this limit are subject to a fee. We may close or convert your account to a checking account for repeated occurrences.
Must be an existing EverBank client eligible to enroll in Online Check Deposit using our downloadable Android® or Apple® mobile banking app. See our Online Check Deposit Services Agreement for information on crediting of deposits. Funds availability subject to EverBank’s Funds Availability Disclosure. Both are found in your Personal Account Terms, Disclosures and Agreements Booklet. Subject to approval.
EverBank does not charge ATM fees. EverBank automatically reimburses ATM fees paid at other U.S. ATMs every month on EverBank accounts with a minimum average daily balance of $5,000. Reimbursement subject to termination for fraud or abuse.