FitnessBank, a division of Newton Federal Bank :
Online Savings Account - 0.65% APY
• Available to anyone who is at least 18 years of age and a US citizen
• Incoming Wire Fee waived by FitnessBank
• $100 minimum opening deposit
• $10 maintenance fee, waived with $100 minimum average daily balance
• Interest earned on balances over $100
• A $10 excessive withdrawal charge will be assessed for each debit transaction (withdrawal, automatic transfer or payment) in excess of the 6 permitted
• Free online banking
• Free external account transfers
• Free eStatements
Fee and Feature Guide
| Savings Account | |
|---|---|
| Interest Rate | |
| APY | 0.65% |
| Minimum deposit amount | $100.00 |
| Maximum deposit amount | N/A |
| Balance Requirements | |
| Minimum Opening Deposit | $100.00 |
| Minimum Balance to Avoid Fees | $100.00 |
| Minimum Required Balance | $100.00 |
| Fees | |
| Monthly Maintenance Fee | $10.00 |
| Foreign ATM Fees | N/A |
| Insufficient Funds Fee | N/A |
| Incoming Wires | N/A |
| Statements | |
| Paper Statements | × |
| Online Statements | Yes |
| Online and Telephone Banking | |
| Online Banking | Yes |
| Telephone Banking | × |
| 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 FitnessBank, a division of Newton Federal Bank
Elizabeth R | Feb 10, 2021
Just a great concept! Wish I could be incentivizd the same way for health insurance, life insurance.
JaszH | Jan 20, 2021
Been pleased for a couple of years, and have enjoyed constantly getting a higher rate for my steps. All of the phone calls and letters demanding that I vote on some merger are a little too much.
Jenny Seo | Dec 29, 2020
I've had zero problems for since opening over a year ago. The rate has fallen in line with others but remains competitive. This month has been a nuisance with multiple phone calls and letter encouraging me to vote on something I know nothing about and to buy stock in some tiny little bank in Georgia. Losing patience here quickly.
26.2 x 5 | Nov 01, 2020
I've been with this for about 18 months since it first opened and have been very pleased. Not happy about the rate falling but it is still one of the two or three best ones out there.
Not so compelling anymore | Oct 12, 2020
This was very compelling when I first learned about it on this site but now it is kind of average and as we go into winter with all the gyms closed it may turn very average if I cannot stay above 10,000 steps.