American Bank Online Savings Account Rates and Money Market Account Rates

American Bank Online of Allentown, Pennsylvania, is advertising their Young American Savings Account, their Health Savings Account (HSA), Statement Savings Account, IRA Statement Savings Account and their e-Money Market Account. Savings account rates and money market account rates are tiered based on the account balance.

There is no minimum opening balance for the Young American Savings Account and $1.00 minimum for the Health Savings Account. Their money market account minimum opening balance is $100 but there is a minimum MMA balance of $10,000 to earn interest.




The online bank's best savings account interest rate is on their HSA. The current HSA savings rate is 1.14 percent has an annual percentage yield of 1.15 percent.  E-Money Market Account balances of $2,500,000 or more earn the same interest rate and APY.

American Bank Online Young American Savings Account Rates



  • Balances of $0 - $999.99 0.40% Rate 0.40% APY

  • Balances of $1,000 - $9,999.99 0.40% Rate 0.40% APY

  • Balances of $10,000 - $24,999.99 0.40% Rate 0.40% APY

  • Balances of $25,000 - $49,999.99 0.40% Rate 0.40% APY

  • Balances of $50,000 - $99,999.99 0.40% Rate 0.40% APY

  • Balances of $100,000 or more 0.40% Rate 0.40% APY


American Bank Online Health Savings Account Rates



  • Balances of $0 - $999.99 Rate 0.90% 0.90% APY

  • Balances of $1,000 - $4,999.99 Rate 1.14% 1.15% APY

  • Balances of $5,000 - $9,999.99 Rate 1.14% 1.15% APY

  • Balances of $10,000 - $14,999.99 Rate 1.14% 1.15% APY

  • Balances of $15,000 or more 1.14% Rate 1.15% APY


American Bank Online Statement Savings Account Rates and IRA Statement Savings Account Rates



  • Balances of $0 - $999.99 0.20% Rate 0.20% APY

  • Balances of $1,000 - $9,999.99 0.20% Rate 0.20% APY

  • Balances of $10,000 - $24,999.99 0.20% Rate 0.20% APY

  • Balances of $25,000 - $49,999.99 0.20% Rate 0.20% APY

  • Balances of $50,000 - $99,999.99 0.20% Rate 0.20% APY

  • Balances of $100,000 or more 0.20% Rate 0.20% APY


American Bank Online e-Money Market Account Rates



  • Balances of $10,000 - $24,999.99 0.55% Rate 0.55% APY

  • Balances of $25,000 - $49,999.99 0.75% Rate 0.75% APY

  • Balances of $50,000 - $99,999.99 0.90% Rate 0.90% APY

  • Balances of $100,000 - $999,999.99 1.00% Rate 1.00% APY

  • Balances of $1,000,000 - $2,499,999.99 1.09% Rate 1.10% APY

  • Balances of $2,500,000 or more 1.14% Rate 1.15% APY

 
Author: Brian McKay
May 7th, 2010
Posted in: Savings Accounts