Buffalo, NY based M&T Bank is now offering money market accounts through their nice looking website. With times like these that we are in, an economic recession, less financing available, and rates go to the shitter, you really need to think about all your options for saving your hard earned money.
M&T Bank now offers a great money market account that you can sign up for and have some nice perks.
- Fast Online Signup
- No Monthly Fee
- No Minimum Balance
- 24/7 Access
- Funds quickly and easily available
- FDIC Insured
As I was preparing to write this post, I searched around the net to see what other people were saying about the accounts and the only bad thing, which really isn’t a bad thing in my opinion, is that there is a $1 fee per withdrawl after you make 4 withdrawls in a month. So when you make that 5th withdrawl from your account, don’t be shocked when you get a $1 fee assessed to you.
The money market account is currently offering 3.00% APY, which is pretty good. In comparison, ING which I am sure many of you know about, and probably even use (I do) currently offers a rate of 2.75% APY.
To get started with opening your e-money market account, all you need is a valid drivers license, a valid social security number, be 18 years of age or older, and be a U.S. citizen.
So, what are you waiting for? Go sign up today and start saving your money, and earning more interest than with your normal local bank’s checking account! You can only get this special offer by signing up online, so check out their website http://www.mtbmoneymarket.com.
This is a copy of the comment I made to Chris’ 12 Websites You Need To Be Using As An Entrepreneur (http://www.dorm-room-biz.com/2008/09/09/websites-you-need-to-be-using-as-an-entrepreneur/)
Use http://www.CheckingFinder.com/ to find a high yield CHECKING account. Back in mid 2008, I used this site to find my current checking account that gave 6.10% INTEREST ON CHECKING!! FREAKING NUTS!! I have complete control of my money, it’s not locked like a CD, I dont need to swap it out for gift cards or use it on things that I may not want to buy anyway, and it’s compounded monthly. However, since then, with the recession, the bank lowered its interest to I think 3.2% which is sitll HUGE for checking and much more than any big-bank savings account also.
With that being said, M&T is a good bank and I’ve heard always good reviews for them.