What are the interest rate tiers?
On months in which you qualify to receive our bonus rates, the portion of your balance up to $25,000 will receive the highest rate (currently 2.01% APY), and the portion of your balance that is above $25,000 will receive a rate that is lower, but still very competitive (currently 0.50% APY). On months in which you do not qualify for our bonus rates, you can still count on receiving the rate that we pay on our other interest-bearing checking accounts (currently 0.10% APY). All deposits in Moolah Checking earn simple interest, which is compounded and paid monthly.
