A Money Market Savings Account is a way to earn a higher rate of interest than you would with a regular savings account. At Senior BofI, other advantages of a Money Market Savings Account include:
•Unlimited withdrawals via ATM, in person, by mail, by messenger, or the Internet.
•Access to your money through up to 3 checks per month and up to 6 pre-authorized, automatic or telephone transfers may be made during a statement cycle.
•No fees if your monthly balance stays above $1,500.00.
The interest is compounded daily and paid monthly.
It takes only $1,500 to open a Money Market Savings Account at Senior BofI. And, of course, you can do it online at
http://www.seniorbofi.com/open/moneymarket.aspx. The same page shows current interest rates and other details you'll want to know.