Comenity Direct :
Online Savings Account - 0.60% APY

• $100 minimum opening balance
• Maximum deposit balance limit of $10 million per Account holder
• No hidden fees
• Free monthly maintenance
• Free ACH transfers
• Free online statements
• Free incoming wire transfers
• Unlimited deposits via mobile check capture and ACH transfer
• $25 per outgoing wire transfer
• $15 per official check request
• $5 per paper statement request

Fee and Feature Guide

Savings Account
Interest Rate
APY 0.60%
Minimum deposit amount $100.00
Maximum deposit amount N/A
Balance Requirements
Minimum Opening Deposit $100.00
Minimum Balance to Avoid Fees $0.00
Minimum Required Balance $100.00
Monthly Maintenance Fee N/A
Foreign ATM Fees N/A
Insufficient Funds Fee N/A
Incoming Wires N/A
Paper Statements Yes
Online Statements Yes
Online and Telephone Banking
Online Banking Yes
Telephone Banking Yes
Mobile Banking Yes
Deposit Checks with Mobile Device Yes
Free Bill Pay Yes
Online Bill Payments Required Yes
Account Opening
Open Online Yes
Insured by F.D.I.C.

Reviews on Comenity Direct

| Mar 06, 2021

No problems. Easy to open and use.

| Feb 12, 2021

I've got accounts at all of these places (beats getting 0.01% on my cash in brokered CDs at Morgan Stanley). I was pleased to see a new entrant that was spending a little to build a brand. The account opening process was - dare I say - fun. I did need to call with an access issue and the phone was answered immediately by a very helpful woman who treated me like a grown up (addressed me by my last name and did not become frustrated with my mistakes entering the information). I'd put this in the same league as Marcus or Citizens and above everything else I have experienced on your list.

| Jan 14, 2021

Easiest account set-up process ever.

| May 05, 2020

We had a great experience setting up two CDs. Maybe they have heeded the past bad reviews?

| Oct 09, 2019

It is all fun and games until you need to withdraw your cash and then it becomes hell on earth. Impossible to reach a rep and if you do it is like fighting with a tiger. Their preferred withdrawal method is to mail you a check by snail mail and will not wire or do electronic transfer. I suggest you avoid. Plus, rates are falling.