Investors interested in a high yielding money market account should contact their financial advisor regarding a BofI Advisor Select Money Market Account. BofI Advisor offers the convenience and speed of an online bank, while maintaining the security of a national, FDIC insured bank.
The high interest yielding
Select Money Market offers select clients highly competitive rates, liquidity on the securities and assets they own, and flexibility and accessibility with your money market accounts. The interest built on the money placed into your BofI Advisor select money market account is based on a two tier system of varying Annual Percentage Yield (APY). Broken up between accounts hold $49,999 or less and accounts holding $50,000 or more. Right now the APY for both tiers is 0.80%. There is also a 90-day bonus interest rate available for first-time account holders. This special bonus rate is fixed for ninety days at 1.10% APY for account balances up to $100,000. All that is needed for qualifying clients is an initial deposit of $1,000. BofI Advisor Select Money Market Account holders also enjoy no monthly maintenance fees, as well as: free initial checks with a limit of writing six checks a month, online statements for accounts and images of paid checks, and an available ATM card.
For a highly competitive interest yielding rate for the securities and assets you own, contact your financial advisor about setting up for a Select Money Market account with BofI Advisor.