IBC Bank's Elite Advantage (Money Market) is a interest bearing account for those 50 years of age who have high balances. Customers earn interest when balance requirements are met. Premium Tiered variable interest rates are also provided with no monthly service charge if required balance is maintained. Free benefits include the IBC bank online and IBC voice. Account requirements include an average collected balance of $10,000 or more OR a minimum daily balance of $5,000 to avoid monthly service fee. Customers must have an IBC Elite Checking account that requires a daily collected balance of $5,000 to earn interest. There is a $15 monthly service charge if requirements are not met. A per debit charge is $0.25 is applicable with postage fee based on number of enclosures.