Internet only banks are increasing services provided for their members. The only real distinction between an internet only bank and a traditional bank is one happens to be located online only. EverBank is named as one of the best online banks found on the web today.

Ever Bank offers an enormous amount of services free of charge for their customers. Along with free online bill pay and checking accounts, EverBank is providing online statements free of charge and an aggregator for your investment account. All of the banks free services are subject to a $1500 account average balance requirement. If you cannot maintain the EverBank $1500 account average balance the account fee is only $5 each month.

One of the appealing temptations of the EverBank accounts is the… » Read more

EverBank’s Yield Pledge® Money Market Account earned the distinction of “best of breed” by Money

Magazine in 2007. With this high interest savings

account you’ll earn an APY in the top 5% of competitive accounts.

The Average Investor

The Yield Pledge Money Market account is one of the best savings accounts for online banking but has a variable rate. A variable rate means the current APY may change without notice. The Annual Percentage Yield for all balances is currently 1.01% . First-time Yield Pledge Money Market account holders get a three month Bonus Interest Rate and New Account First-Year APY offer on their new account. The Bonus… » Read more