Amplify Money Market Accounts

Amplify Money Market Accounts Review

Amplify Money Market Accounts is offered by Amplify Credit Union, a credit union founded in 1967 and based in Austin, TX. Amplify Money Market Accounts are available in 50 states (and Washington, DC).

Key Takeaways

• Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.30%, which is much higher than the national average for a money market account.However, you must keep a minimum balance of $1000.
• $0 monthly fee. This account does not charge any monthly account fees.
• $1,000 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.

Pros & Cons of Amplify Money Market Accounts

Amplify Money Market Accounts FAQ

Are money market accounts from Amplify Credit Union federally insured?

Yes, your money market accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What are the dividends for Amplify Money Market Accounts rates?

What are the fees for Amplify Money Market Accounts?

Amplify Money Market Accounts does not charge a monthly maintenance fee.

What is the minimum balance for Amplify Money Market Accounts?

Minimum deposit of $1,000. You must make an initial deposit of at least $1,000 to open this account.

Interest rate minimum balance of $1,000. You must keep the account balance above $1,000 to earn interest.

What features and perks does Amplify Money Market Accounts offer?

This account includes the following features:

• Mobile Banking Services - Amplify Money Market Accounts allows you to manage your money through online banking and a dedicated mobile app.
• Nationwide ATM network - Amplify Money Market Accounts allows you to access your money from an ATM, a convenient feature only a few offer.

What is the customer service phone number?

The customer service number for this account is (800) 237-5087.

What is the support contact email?

The support contact email for this business credit card is cumail@goamplify.com.

How to open an account with Amplify Credit Union

• Visit the Amplify Credit Union website.
• Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
• Check the information is accurate and submit your application.