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AmTrust CD Rates

January 29th, 2010

Amtrust_Direct

Amtrust Direct Bank has top CD rates on their 12 month CD. All you need is at least $1,000 for the inital minimum deposit. The interest paid on this short term investment is 1.70% APY, 1.686% is the actual interest rate.

AmTrust Direct, the online banking division of AmTrust Bank, also offers a Premium e-Money Market investment account that pays out a great interest rate of 1.25% APY on balances between $10,000 and $150,000. Here is the list of the all money market rate tiers:

Money Market Acct Balance Interest Rate APY
$1.00 – $999.99 0.499% 0.50%
$1,000.00 – $9,999.99 0.499% 0.50%
$10,000.00 – $24,999.99 1.243% 1.25%
$25,000.00 – $49,999.99 1.243% 1.25%
$50,000.00 – $149,999.99 1.243% 1.25%
$150,000.00 – $249,999.99 0.499% 0.50%
$250,000.00 – $499,999.99 0.499% 0.50%
$500,000.00+ 0.499% 0.50%

The AmTrust Direct Money Market Account is similar to normal online savings accounts since transfers to and from external accounts are all made online. They don’t charge any maintenance fees (no minimum balance fee) and this money market account is FDIC insured. Just like any other savings account you can watch your money grow with scheduled direct deposits for added convenience.

AmTrust Direct Contact Info:
Customer Contact Center (888) 228-8146
Monday-Friday 7am-12am ET
Saturday 8am-9pm ET
Sunday 8am-6pm ET

Open a new investment account at AmTrust Direct

12 Month CD Rates best cd rates