SunTrust Online Banking System October 2012
The purpose of this SunTrust Online Banking System October, 2012 review is to examine the money market account being offered the customers of this financial institution. With this information in hand you can then decide if investing your hard earned money with them is right for your financial future.
The current MMA rates from SunTrust Bank are set up in a tiered format. The minimum balance amounts include $0.01, $2,500, $10,000, $25,000, $50,000, $100,000, $250,000, $500,000, and $1,000,000. The corresponding APYs are 0.01%, 0.01%, 0.05%, 0.10%, 0.15%, 0.15%, 0.18%, 0.18% and 0.20%.
The minimum deposit to open a MMA is $100. To avoid the month service fee of $15, a minimum balance of $5,000 must be maintained all month long.
With this money market account you will have free access to the SunTrust electronic banking services. This includes the ability to go online 24/7 and view your account balance and recent transactional history.
You will also have limited access to the electronic money management services from SunTrust Bank. This includes the online bill paying program. With this program you can literally pay anyone in America, any amount you have on deposit. The limitation of 6 payments or withdraws per month is set by US federal regulations. If you exceed this limitation, the bank can close your account and transfer it to a regular checking account with SunTrust Bank.
The SunTrust Bank rates were posted on October 9, 2012 but are subject to change without any prior notice.
For additional resources involving financial help, please view Unibank Online Banking System October 2012 on this website.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
For up to the date information on the SunTrust CD rates, please visit Best CD Rates Today.