OnBank Money Market Savings

Rates and Account Features

Last Update: October 3, 2008

 

 

OnBank is the online division of M&T Bank, N.A., headquartered in Western New York. The OnBank Money Market Savings is a no fee, no minimum, high-yield online savings account.

 

Yields and Rates

Contact

Balance

APY

Interest Rate

 $1.00+

3.60%

3.54%

www.onbank.com

(866) 948-2265

 

Reviews

 

>> Reader Reviews

Account Features

 

Minimum Deposit

$1

Monthly Fee

$0

Minimum Balance

$1

Compounding

Monthly

 

Account Review

 

The OnBank Money Market Savings is a no fee, no minimum, high-yield online savings account. Customers can link their current checking account to the Money Market Savings account to easily transfer funds electronically between the two accounts. There is no limit to the number of accounts customers can link. Onbank limits transfer amounts to $20,000 per single transfer. 

 

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