Online Bank Deals

Reviews and Comparisons of Online Banks and Savings Accounts

MB Interest Checking

Wow, MB has a really good deal on an interest-bearing checking account. The 5.00% APY rivals rates on a number of online banks, and the $5,000 minimum account balance is realistic and attainable. This is an account I’m thinking about opening myself.

MB Interest Checking is the Best Deal in Town!

MB Financial Bank’s Interest Checking pays a big 5.00% APY* with a $5,000 minimum daily balance. Other banks? They tease you with a big rate but you’ll find they may require minimum balances as high as $100,000 or more!

Just make a minimum of four checking transactions a month to avoid the $10 per month fee. With MB Interest Checking, you’ll also get:

  • ATM Freedom – Use any ATM worldwide and never pay a fee!*
  • FREE Internet Banking with Online Bill Pay MB’s high rate and low minimum balance gives you the winning hand.

Call 1.888.i.bank mb (1.888.422.6562) to get started earning interest today!

*Annual Percentage Yield (APY) is effective as of the publication date. This is a tiered, variable rate account. Minimum daily balance to earn APY is $5,000. Interest is compounded monthly. Minimum balance to open a Free Checking or Interest Checking is $50. Daily “Current Balance” must be $2,500 to have ATM transaction and surcharge fees waived or reversed. Please see Funds Availability Policy for complete details. Fees could reduce earnings. Personal accounts only; no brokered funds. New money only; offer not available on money deposited at MB Financial Bank in the last 90 days. Please see a banker for details.


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Annual Percentage Yield (APY)

The rate of return on an investment for a one-year period. For an interest-bearing deposit account, such as a savings account, APY is equal to one (1) plus the periodic rate (expressed as a decimal) raised to the number of periods in one year. Due to compounding, the APY will be greater than the periodic interest rate multiplied by the number of periods in the year.