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Everbank has increased its promo APY for FreeNet checking account from 5.51% to 6.01% as of 9/1/06.
Check also Everbank $50 bonus
Terms:
The special 6.01% annual percentage yield (APY) on EverBank's FreeNet Checking Account is current as of 9/1/2006 12:00:00 AM and will apply for three months after account opening, and may change at any time prior to account opening. The current APY as of 9/1/2006 12:00:00 AM without this special offer will be the applicable ongoing rate based on the average collected daily balance on your account and may vary after account opening. Current APY tiers are: over $100K, 4.41%; $50K-$99.99K, 4.00%; $25K-$49.99K, 3.60%; $10K-$24.99K, 3.30%; and under $10K, 3.25%. During the three-month period after account opening, the special rate will be applied to the first $100,000.00 in your account and any balance above $100,000.00 will receive the applicable ongoing rate, based on the average collected daily balance on your account. Any rate or any tier may change at any time without notice. Fees may reduce earnings. This special APY offer is available to first-time checking account holders only and is limited to one account per household. This account is only available through EverBank Direct and cannot be obtained through any other division of EverBank. Minimum opening deposit $1,500.