Everbank.com Freenet checking account
Based in Jacksonville, Florida, Everbank has provided comprehensive banking and investment vehicles for a national customer base since 1998. Offering many products for a variety of investors has been Everbank's hallmark.
Smart money in an uncertain economy invests in quality -- commodities like oil and gold, and fixed investments with a trusted and governmentally insured financial institution. It almost goes without saying that Everbank is one of these institutions, but the fact does bear repeating, especially in the wake of the banking fiascos of the recent past. Most impressively, Everbank took none of the federal bailout funds which kept some of its lesser counterparts afloat through the worst of the recession.
Depending on your immediate financial needs, Everbank offers many different investment vehicles. For income needed for day to day expenses and bills, the right checking account is essential. For income not in immediate use, a high yield money market account remains one of the best fixed investments. In return for not using your money immediately, money market accounts of course offer a higher interest rate, but the flexibility of the right checking account is essential to everyone's financial health.
According to bankrate.com, the Everbank Freenet checking account offers one of the top tier interest rates in the market today, and has done so for many years. In 2006, Kiplinger rated the Freenet checking account the "top checking account." This standard of quality, not to mention the high interest rates, continue into today's banking service and interest rates. Investors can also rest assured that all their money will work for them, as the Freenet checking account has no fees and lower penalties for overdrafts. There is also no minimum to earn interest on your balance. Add on the free online bill pay option, and investors have a comprehensive banking experience with the convenience of an online platform.
An investor with financial resources that do not require immediate or day to day use could take advantage of Everbank's high yield money market account for better returns and automatic savings. Everbank's money market account currently yields six times the national average and has always been among the best rates in the banking industry. For added security and financial flexibility, Everbank also offers, free of charge, the money market account inside of an IRA. Like the checking account, the minimum balance to open is $1500, but there is no minimum balance to earn interest.
Investors with expendable income can benefit from the higher interest rates of an Everbank high yield money market account, but those who may need more money for their immediate needs may benefit from the flexibility of the Everbank checking account. Both accounts offer Everbank's distinguished online support, no minimum balance to earn interest, and the convenience of mobile banking and making deposits from the comfort of home. Depending on a person's current needs and the current promotions offered by Everbank, investors can make an informed decision how to most effectively invest their financial resources.