All America Bank, 2.25% APY up to $50,000

All America Bank has increased rates once again. Their Mega Money Market personal checking account offers a high interest rate of 2.25% APY up to $50,000 effective as of 10/22/18. There’s no minimum balance required, and no monthly activities to be done in order to get that rate. Plus you get an All America Bank VISA debit card for secure purchases and with access to 1,000s of ATMs worldwide.

All America Bank

The only catch is that amounts over $50,000 earn 0.50% APY.

Offer Terms

  1. Earns interest of 2.25% APY calculated on your daily balance of up to $50,000. Amounts over $50,000 earn 0.50% APY. We will pay interest earned by your account in at the end of each monthly billing cycle. APY is Annual Percentage Yield.
  2. Our monthly statement cycle ends on the 20th of each month. If the 20th falls on a Saturday, the cycle will end on Friday the 19th. If the 20th falls on a Sunday, the cycle will end on Monday the 21st.
  3. The minimum opening deposit for this account is $500.
  4. 6 free withdrawals per month. There is a $5 fee for each withdrawal after 6 per monthly statement cycle.
  5. Fees could affect the earnings on this account. Learn more about this account.
  6. Annual Percentage Yield (APY) is accurate as of 10/22/18.
  7. There is a limit of one Mega Money market® account allowed per individual.
  8. To receive rewards from the Mega Money Market personal checking account, participants must receive statements electronically.
  9. Wallet style checks are available.
  10. Ten free Online Bill Pay transactions per month; $0.50 charge for each transaction over the 10 free transactions.
  11. Free eStatements with transaction images are available for view online.
  12. There will be a $3 per month charge for paper statements starting November 1, 2017.

Guru’s Wrap-Up

This is a very good rates for amounts up to $50,000. There’s no requirements to get the 2.25% rate, just keep in mind that if you go over that balance, then you only earn 0.5% on the extra amount. This is probably the best option out there if you have $50K.

Account Details

  • Offer Page
  • APY: 2.25%
  • Min/ Max Amount: Up to $50K
  • Inquiry Type: Soft
  • ChexSystems Pull: Yes
  • Credit Card Funding: No
  • Requirements: None
  • Monthly Fee: Free with eStatements


Let me know if you come across any other high interest account? Email me, so we can share it with other readers!

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