Virtual Bank Money Markets

Virtual Bank offers you a great money market account with them with some fine options. Money market accounts are limited accounts for money you do not need right away. You can only withdraw a certain amount per period and only write a certain number of checks against them. Therefore, if you have money you do not have an immediate need for them this is the route to go for a great investment. Here are their options:

  • They are insured through FDIC
  • Can start an account with them for as little as $100
  • No fees per month
  • Transferring from one account to another is fee-free
  • Statements are free online
  • High yield rates
  • Free direct deposit and withdrawals

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