BankDirect – IRA MMA
Minimum deposit to open:
$500
Product Info:
- Interest compounded (credit method) daily
- Interest paid on collected balances of $10,000.00 and greater
- MMA Transaction Limitations: MMAs are allowed six (6) transactions per month, three (3) of which can be withdrawals (check, draft, debit card or similar order - including POS transactions) made by the depositor and payable to third parties
- $10.00 charge per transaction for excess transactions
- First order of checks free (50-pack)
- Free ATM card upon request
- Four (4) reimbursed ATM withdrawals per statement cycle (up to $2.50 per transaction)
- Unlimited ATM withdrawals without penalty (ATM withdrawals do not count against your transaction limit)
To find out more, visit
BankDirect's website.
Current Rates
| Min Deposit | Max Deposit | APY |
| $1 | $9,999 | 0.10 % |
| $10,000 | — | 0.15 % |
Rates last updated: 2/7/2012
IRA MMA Rate History
IRA Money Market Rates ($1 - $9,999)
IRA Money Market Rates ($10,000 and up)
All Products
- CD Accounts
- BankDirect CD
- IRA CD
- Savings Accounts
- IRA MMA
- Money Market Plus
- Regular Savings
- Checking Accounts
- Interest Checking