Everbank Money Market 1.60% bonus rate for 6 months

[cgofish]

Anyone have any experience with Everbank and thoughts on this offer for short term cash (150K or less) storage?

https://www.everbank.com/banking/money-market

From their site:
Each and every penny you send our way will earn a top yield. Get a 6-month bonus interest rate to start. After that, our top 5% promise3 goes to work and will keep your yield high and money growing. We call that an opportunity on top of an opportunity.

All interest rates and Annual Percentage Yields (APYs) are accurate as of 1/8/2016 12:00:00 AM and are subject to change at any time.

FIRST-TIME MONEY MARKET CLIENT1
Balances   Bonus Interest Rate*   1st-yr APY
$0 - $150,000   1.60%   1.11%
$150,000.01 - $10,000,000   *   1.11% - 0.62%
*Bonus Interest Rate applies to the first $150,000 for the first 6 months. The ongoing interest rates and APYs apply to all balances of $150,000.01 or more, and to all balances after 6 months.

[TheAnonOne]

Anyone have any experience with Everbank and thoughts on this offer for short term cash (150K or less) storage?

https://www.everbank.com/banking/money-market

From their site:
Each and every penny you send our way will earn a top yield. Get a 6-month bonus interest rate to start. After that, our top 5% promise3 goes to work and will keep your yield high and money growing. We call that an opportunity on top of an opportunity.

All interest rates and Annual Percentage Yields (APYs) are accurate as of 1/8/2016 12:00:00 AM and are subject to change at any time.

FIRST-TIME MONEY MARKET CLIENT1
Balances   Bonus Interest Rate*   1st-yr APY
$0 - $150,000   1.60%   1.11%
$150,000.01 - $10,000,000   *   1.11% - 0.62%
*Bonus Interest Rate applies to the first $150,000 for the first 6 months. The ongoing interest rates and APYs apply to all balances of $150,000.01 or more, and to all balances after 6 months.

Nope.

This post feels a bit 'spamy' judging from the low-post-count and the semi-sales pitch nature.

[cgofish]

Not spammy at all.  Just new to the MM site and learning learning learning...   Sorry if the post was offending in anyway.