BBVA Compass is advertising a 1.00% APY on its Preferred Money Market for Business.
Interest rate is guaranteed through 12/31/2012, on daily collected balances from $10,000 to $2,499,999.
This special doesn't appear to be listed at BBVA Compass's website. It was advertised in the 6/6/12 edition of the Riverside Press-Enterprise newspaper in Southern California. The ad is available online here
Account must be opened by September 15, 2012 at any BBVA Compass branch. BBVA Compass business checking account is required.
Offer's small print:
Money market accounts are subject to approval. Promotional interest raes are available for new Preferred Money Market for Business accounts opened between 5/15/2012 and 9/15/2012. $10,000 minimum balance required to earn the advertised Annual Percentage Yield (APY). APY accurate as of 5/15/2012. Not available on existing accounts or funds already on deposit with BBVA Compass. Rates are subject to change. Fees could reduce the earnings on the account. BBVA Compass non-consumer checking account required to be eligible for promotional rate. Checking accounts are subject to approval and require a $100 minimum opening deposit. Additional terms may apply; refer to your account disclosure for details.