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I just finished opening up a money market account w/ Netbank, as part of this offer.
A few things to be aware of:
I deposited $1,001, will close the account on my wife's birthday in July (easy to remember, plus I think I'll give her the shuffle for her birthday), calculated the difference in rates with that $7.50 charge, you still beat it w/ interest, although barely (after 6 months), opted for electronic delivery of statements.
A few things to be aware of:
- Minimum deposit is $1000
- $25 fee for closing the account w/in 6 months
- $7.50 unavoidable fee for closing the account
- 3.36% rate only if you open a linked checking, 2~% if not
- $3 charge per paper statement - go electronic
- Value of Shuffle may be on your 1099, and taxed as ordinary income
I deposited $1,001, will close the account on my wife's birthday in July (easy to remember, plus I think I'll give her the shuffle for her birthday), calculated the difference in rates with that $7.50 charge, you still beat it w/ interest, although barely (after 6 months), opted for electronic delivery of statements.
Thanks Jeffrey & JMJ for the offer alerts!
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