Redneck Bank is the online banking division of All America Bank, which was established in 1969 as The First Mustang State Bank.
This online bank only offers a few deposit account options, but rates are fairly competitive and available online nationwide.
Update 5/23/2023: Their APY rate increased from 4.80% to 5.05% for up to $100,000.
Update 4/24/2023: Their APY rate increased from 4.55% to 4.80%.
Update 3/21/2023: Their APY rate increased from 4.25% to 4.55%.
Update 12/27/2022: Their APY rate increased from 4.00% to 4.25%.
Being an internet-only bank, there are no branch locations to service customers and its headquarters is located at 200 South Rockwell Avenue, Oklahoma City, OK 73128.
Redneck Bank Mega Money Market Account Details
- Available nationwide
- Minimum to open: $500
- Minimum for APY: $1
- Maximum for APY: $75,000
- Monthly fee: None
- Free electronic monthly statements
- Free Apple Pay, Samsung Pay and Google Pay
READ MORE: WELCOME OFFERS FROM CHASE, AXOS, BANK OF AMERICA, TD BANK AND U.S. BANK.
Opening An Account
- No minimum balance required, but the minimum to open is $500.
- You’ll get a Redneck Bank VISA debit card for secure purchases and with access to 1,000s of ATMs worldwide.
Bottom Line
Be sure to opt in for free e-statements. A $3 per month charge will be applied for paper statements. Compare with other top savings rates here.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
