EverBank is one of the top 100 largest banks in the United States, with total assets of approximately $37.9B. It is an American financial services company headquartered in Jacksonville, Florida.

They have 13 domestic branches: 11 in Florida, one in New York, and one in Missouri. Their accounts have a low opening balance and high Annual Percentage Yields (APY).

Besides, you can easily access your funds via debit cards, checks, and online/mobile banking.

In this article, we will discuss how to open a bank account with EverBank for your everyday needs. Before starting the online account creation process, you must gather certain information, such as:

• Your name
• Address
• Date of Birth (DOB)
• Social Security Number (SSN) or other Taxpayer Identification Number (TIN)

You may also need to provide additional information or documents to prove your identity.

Types of accounts offered by EverBank

EverBank has different types of accounts to suit people's varied saving needs. Here is an overview of the accounts you can open with EverBank:

1. EverBank Performance Savings account:

EverBank has one of the highest-yield savings accounts in the US, with a 5.15% APY, no matter your bank balance.

The interest compounds daily and is guaranteed to all account holders. This account type costs $0 to open. It requires zero monthly maintenance fee and has no minimum balance.

2. Yield Pledge® Checking account:

EverBank Yield Pledge® Checking account has a minimum opening deposit of $100. The account offers a fixed APY of 0.40%, 20 free checks, and a free debit card. You can choose from two card designs: Visa Debit Card or Jaguars Visa Debit Card.

3. Yield Pledge® Money Market account:

This EverBank account type has no minimum opening deposit, meaning you can open the account with any amount. You will receive 20 free checks and a free debit card when you open a Yield Pledge® Money Market account with EverBank.

This account type is high-yielding, with an Annual Percentage Yield ranging from 3.75% to 4.30%, depending on your account balance.

4. EverBank CDARS® CD account:

With at least $10,000, you can open a CDARS® CD account with EverBank and start saving for any term, from three months to three years. This type of account offers an APY ranging from 3.22% to 4.17%, depending on the term.

5. EverBank Bump Rate CD account:

The Bump Rate CD account has a minimum opening balance of $1,500. This type of account offers an APY of 4.20% for a 3.5 -year savings.

6. EverBank CD account:

You can create an EverBank CD account with at least $1,000. This account offers an APY of 3.95% to 5.05%, depending on the term, ranging from three months to five years.

7. EverBank Checking account:

You need at least $25 to open a checking account online with EverBank. This EverBank account offers 20 free checks and a free Visa Debit Card or Jaguars Visa Debit Card, depending on your preference.

Its APY is 0.00% on all balances, which might make you consider opening another type of account or banking with a different bank.

Benefits of opening an account with EverBank

EverBank accounts typically have a zero monthly fee and offer free online bill pay and mobile check deposit.

You can also enjoy ATM fee reimbursements of up to $15 monthly by maintaining a minimum daily balance of $5,000.

You can open an EverBank account on your smartphone, tablet, or PC by taking a few straightforward steps, which we have outlined below.

How to open a bank account with EverBank (4 easy steps)

Here are the steps for creating an EverBank account:

Step 1: Visit EverBank's official website.

Before anything else, go to EverBank's official website and select the type of account you want to open. Then, proceed to the account setup page, where you need to input the amount you wish to deposit into your new account.

Ensure the amount is at least the account's minimum opening balance.

Step 2: Provide the applicant details.

You must enter all the required information, such as:

• The type of account you want to open
• Your personal information
• Contact information
• Residential address
• Security code
• Employment information

Step 3: Review the information provided.

Read the review page to check for errors in all the information you've previously provided. If you find any mistakes, do not hesitate to correct them.

Step 4: Accept disclosures.

This is the final step, requiring you to read and agree to the terms and conditions outlined on the page. After opening your new account online, you can fund it by sending your opening deposit via mobile or online transfer.

EverBank accounts are highly recommended for students, employees, workers, and self-employed individuals. So, feel free to choose from the account types at your discretion and get ready to enjoy reasonable deposit yields.

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