Available nationwide, TotalBank Money Market is offering a 4.51% APY. Founded in Miami, Florida, TotalBank is a fully online bank that offers two types of consumer savings products like money market accounts and certificates of deposit.
Update 2/20/25: The rate has decreased to 4.51% APY from 4.86%.
TotalBank Money Market Account
- Account Type: Money Market
- Interest Rate: 4.51% APY
- Availability: Nationwide (Online Bank) except for Florida, Puerto Rico, American Samoa, Guam, Northern Mariana Islands and US Virgin Islands.
- Minimum Balance: $2,500
- Maximum Balance: $500,000
- Credit Inquiry: Unknown
- Credit Funding: Unknown
- Opening Deposit: $2,500 minimum
- Monthly Fee: None
- Early Termination Fee: None listed
(FDIC Insured)
TotalBank ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | N/A | None | None | None |
| Pull | N/A | None | None | None |
Editor’s Note: You have to link and initiate (inbound and outbound) ACH transfers from an external bank account.
Account Rates
| Balance Requirement | APY Rate |
| $2,500 – $500,000 | 4.51% APY |
TotalBank Account Benefits
- Grow your money faster with interest compounded monthly
- Online transfer of funds using your external bank account
- FDIC insurance up to the maximum allowable
- Unlimited deposit transactions, and up to six withdrawals and transfers per month
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Author’s Verdict
Finally, check out TotalBank and open a Money Market account with competitive rate! Currently, you can earn a high rate on your funds. All in all, let us know about your experience with this bank and comment below.
In addition to the current rate from TotalBank, you can also take advantage of a range of great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
For more bank offers, see the complete list of Best Bank Rates!
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