EverBank is still offering 4.00% for the first 3 months for new customers who open the FreeNet Checking. With falling interest rates, this is a good deal for money that you don't want to lock into a CD.
Some other important small print of this offer:
- Customer must maintain an average monthly balance of not less than $40,000 for at least one statement period during the first three statement periods after account opening.
- Customer may not be a current or former FreeNet Checking Account customer of EverBank.
- Must keep the account open for 180 days of funding to maintain the bonus.
For more details on EverBank and its accounts, please refer to my previous EverBank post. One thing to note about EverBank is that they offer IRAs for both their CDs and money market account.
EverBank has solid ratings for soundness: 4 stars (excellent) at BauerFinancial and 4 stars (sound) at Bankrate. Both are based on 9/30/08 data. EverBank has been FDIC insured since 1998 (FDIC Certificate # 34775).
Edit 12/17/08: Added note regarding EverBank IRAs.