Amboy Direct – Business Money Market Maximizer

Minimum deposit to open: $100

Product Info:

  • Pays monthly interest at a competitive variable money market interest rate
  • Minimum initial deposit is $100
  • Balances over $5,000 earn interest
  • Maintains a link between your commercial checking account and Business Maximizer account
  • Guarantees your balances with FDIC Insurance
  • Allows 24-hour access to transfer money between your accounts
  • Offers optional Same-Day Transfer an alternative way to speed up access to your funds
  • Limited to New Jersey businesses - proprietorships, partnerships and corporations (profit and non-profit)
  • Available to both profit and non-profit corporations
  • You can open an account online or by mail
  • The individual opening the account on behalf of the corporation must be at least 18 years old, a U. S. citizen and have a valid social security number
  • A Business Employer Identification Number (EIN) must be provided
  • A minimum initial deposit of at least $100 is required
  • Once your account is established, there are no monthly balance requirements and your funds are always available online
  • Interest is paid when balances are over $5,000
  • Account must be opened with an initial deposit from a business account with check writing privileges
  • Checks "made payable through" another bank name listed cannot be used to make your initial deposit

To find out more, visit Amboy Direct's website.
Current Rates
Min Deposit Max Deposit APY
$5,000 $24,999 0.75 %
$25,000 $49,999 0.80 %
$50,000 $250,000 0.80 %
Rates last updated: 5/19/2012

Business Money Market Maximizer Rate History

Business Savings Rates ($5,000 - $24,999)