Get a $750 Welcome Deposit for eligible new customers who open an 
*Update: EverBank is now TIAA Bank. See the TIAA Bank website for all the available deposit account offers.
EverBank (NYSE: EVER) is a financial services company that provides banking, mortgages and investing services.
They are based in Jacksonville, Florida and if you’re from the area you probably know about EverBank Field, host of the Jacksonville Jaguars.
While EverBank’s mortgages are quite popular for the company, they also do a great job providing online banking products and brokerage services with EverTrade Direct Brokerage. All in all, they’re doing good things and have over 25 billion in total assets.
We’ll focus on EverBank’s best banking products in this article, which includes their high-interesting checking, money market, and CD(Certificate of Deposit) account options. These online banking products are available to everyone nationwide.
EverBank’s Yield Pledge Checking Bonus Rate: 1.21% APY
Updated bonus intro rate
EverBank’s Yield Pledge Checking is an online interest earning Checking account, and is a very respectable option if you’re in the hunt for one. It makes it onto our list of the best free Checking accounts.
The rates for just about all interest earning Checking accounts can vary, and that’s why EverBank sets themselves apart with a guarantee. The account gets its name from the promise to keep the yield in the top 5% of competitive accounts, which are accounts from the top 5 banks and top 5 thrifts in the United States.
If you’ve been banking locally with all the brick-and-mortar big banks around, likely you’ve come to realize their checking accounts don’t offer much in terms of earning interest. This goes for Chase, Bank of America, Citibank, Wells Fargo, etc.
This is an online only Checking account, and EverBank does not own or operate any ATMs. A benefit of this is that they will refund ATM fees automatically every month on accounts with a minimum average daily balance of $5,000.
Similar to the major banks, EverBank is an FDIC insured federal savings bank, with the standard insurance limit of $250,000.
Special Bonus Rate For New Customers
New customers to EverBank’s Yield Pledge Checking get a special bonus rate.
Below are the current rates:
| Bonus 1-Year Intro APY: 1.21% On Balances Up To $250,000 | |
| Balances | Ongoing APY |
| $100,000 – $10,000,000 | 0.71% |
| $50,000 – $99,999.99 | 0.61% |
| $25,000 – $49,999.99 | 0.51% |
| $10,000 – $24,999.99 | 0.46% |
| $0 – $9,999.99 | 0.25% |
| * First year APY reflects a 1-year introductory rate available to first-time checking clients on balances up to $250,000. Ongoing APYs otherwise apply. | |
The Yield Pledge Checking Account Features:
- $5,000 Minimum opening balance
- EverBank ATM fee = $0
- Unlimited ATM reimbursements with minimum $5,000 balance
- Free Online & mobile banking
- Make deposits from home free
- Use the EverBank Mobile App to deposit checks, check balances, pay bills, and transfer funds
- Additional online security
We keep all the best Checking Account offers updated here. Great offers can be had from banks like Chase, TD Bank and Regions consistently.
- Chase Coupon Promo Codes: $200, $300, $350, $500 – August 2018
- Simple Bank Review & Bonus Offer: Unlimited $20 Referrals
- Ally Bank Online Checking, Savings, CD, Investing Promotions
- Capital One 360 Promotions: $100, $500, $600, Up To $1,000 In Bonuses
- Salem Five Bank Checking, Savings, CD Promotions
- BBVA Compass Bank Promotions: $150, $200, $250 Checking/Savings Bonuses
MoneysMyLife Top Offer Picks  With 16,000 ATMs and 5,100 branches throughout the United States, Chase Bank is second only to Wells Fargo with regards to the total number of branches. This makes the bonus offers from Chase extremely popular, and they always have several promotions to choose from. Full Review.
 Get a $750 Welcome Deposit for eligible new customers who open an HSBC Premier checking account with qualifying activities.Get a $350 Welcome Deposit for eligible new customers who open an HSBC Advance checking account with qualifying activities. Member FDIC. Apply online for a new TD Bank Checking account to earn either a $300 bonus for the TD Premier Checking account ( $2,500 in direct deposits required), or a $150 bonus for the TD Convenience Checking account ($500 in direct deposits required). This is a limited time offer. Full Review  Barclays has two great card offers that should interest many who are looking for a solid travel rewards credit card.The Barclaycard Arrival® Plus World Elite Mastercard® has a 60,000 miles sign-up bonus worth $630 in travel. You'll be able to earn unlimited 2X miles on every purchase and there are no foreign transaction fees to worry about. See Terms. Full ReviewThe Barclays Arrival® Premier World Elite Mastercard® will earn you 75,000 miles each year (worth $750) if you spend $25,000 on purchases during the year. This credit card is intended for high spenders looking for a card to carry for the long-term. The card will earn unlimited miles at the rate of 2 miles per $1 spent on all purchases. See Terms. Full Review |
CIT Bank is offering a 1.85% APY rate with their Money Market Account for all balances. This account is available online nationwide and consistently offers one of the best rates in the nation. The minimum opening deposit is $100 and there are no fees for opening or maintaining the account. 
Ally Invest is one of the nation's top choices for a low-cost stock broker, and they now have a promotion where you can earn a cash bonus of $50 to $3500, as well as $500 in commission-free trades. Your cash bonus value will depend on your deposit amount made within 60 days of account opening. 
Simple Bank has an offer where you can earn a $20 bonus after opening their free online Checking account that's available nationwide. You'll then be able to earn unlimited $20 referral bonuses. Direct deposit isn't a requirement and all you and your referrals need to do is open a new account and use the Simple Visa debit card to make a first purchase. EverBank Yield Pledge Money Market Bonus Rate: 1.50% APY
Money market accounts are basically an alternative to a traditional savings account where the interest rate is typically higher, along with the minimum account balance requirement being higher as well.
While you do have access to the funds (compared to CDs, where you don’t without a penalty), you’re limited to 6 typical transfers or withdrawals per month due to federal regulations. Withdrawals that don’t count towards this limit are those by ATM, in person, by mail, by messenger or by telephone.
EverBank’s Yield Pledge Money Market account requires a $5,000 minimum to open. In reference to its name, this account also pledges to stay in the top 5% of all competitive accounts.
Also, there is no monthly fee for this account.
Here are the interest rates/APYs:
| *Bonus 1-Year Intro APY: 1.50% On Balances Up To $250,000 | |
| Balances | Ongoing APY After 1 Year Promo |
| $100,000 – $10,000,000 | 1.35% |
| $50,000 – $99,999.99 | 1.25% |
| $25,000 – $49,999.99 | 1.15% |
| $10,000 – $24,999.99 | 1.10% |
| $0 – $9,999.99 | 1.05% |
| * First year APYs on balances up to $250,000 for first-time money market clients. Ongoing APYs apply to 1) amounts over $250,000 during the 1-year introductory period; and 2) all balances after the 1-year introductory period. | |
As you can see, there is also a Bonus Interest Rate for the EverBank Yield Pledge Money Market account.
So why would you choose to put your savings in a money market account? People typically make this decision when they want to earn more than a traditional Savings account, yet want to have access to the funds just in case, as opposed to a CD (Certificate of Deposit) account. Plus, there is no risk like there is if you put the funds in the stock market, 401K, etc.
Click the button to learn more at EverBank.com.
CIT Bank and BBVA Compass both have great money market accounts worth considering. The following banks also have top Money Market Account options (visit our best Money Market rates page here):
- MYSB Direct (M.Y. Safra Bank) Online CD Rate Offers, Promotions
- Sallie Mae Banking Promotions: Money Market, Savings, CD Offers
- CIT Bank Promotions: Online Money Market Account 1.85% APY Offer
- Capital One 360 Promotions: $100, $500, $600, Up To $1,000 In Bonuses
- EBSB Direct Promotions For Money Market And CD Accounts (Nationwide)
- ableBanking Money Market Savings & CD Promotions
- First Internet Bank Review: Checking, Savings, CD Promotions
- Northern Bank Direct Online Money Market & CD Account Offers, Promotions
- State Bank Of Texas Savings, Money Market, CD Account Promotions
- BBVA Compass Bank Promotions: $150, $200, $250 Checking/Savings Bonuses
- My Banking Direct Promotions: New Money Market & CD Account Offers
EverBank Yield Pledge CD Bonus
As you may have guessed by now, EverBank’s Yield Pledge CD option also promises to yield in the top 5% of competitive accounts. These are actually some of the best CD rates in the market for certain terms. We list some competitors below for comparison.
The minimum to open here is $5,000 and there is no monthly fee. Again, you make the choice of a CD when you can leave the funds untouched for the term of the CD.
Here are the current APY rates:
| Term | APY |
| 3 month | 1.25% |
| 6 month | 1.45% |
| 9 month | 1.60% |
| 1 year | 2.25% |
| 1.5 year | 2.35% |
| 2 year | 2.50% |
| 2.5 year | 2.50% |
| 3 year | 2.70% |
| 4 year | 2.75% |
| 5 year | 2.85% |
| * Interest rates and APYs shown for balances up to $1 million. Call for additional rates. | |
See my guide on the best CD rates here. Synchrony Bank and Popular Direct have good reputations for great rates. Below are some of the top CD accounts for comparison.
- Synchrony Bank Online Savings, CD, Money Market Promotions
- Live Oak Bank Online Savings And CD Offers, Promotions
- Popular Direct Online Savings And CD Account Promotions
- Virtual Bank Checking, Money Market, CD Promotions & Offers
- CIT Bank Promotions: Online Money Market Account 1.85% APY Offer
- Ally Bank Online Checking, Savings, CD, Investing Promotions
- Barclays Bank Promotions: Savings And CD Account Offers, Bonuses
- Salem Five Bank Checking, Savings, CD Promotions
- Crestmark Bank Online CD Account Promotions Available Nationwide
Check back here for updates on offers from EverBank.
