FitnessBank, a division of Newton Federal Bank:
Online Savings Account - 0.55% 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 | 0.55% |
| 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. |
Customer Reviews for FitnessBank, a division of Newton Federal Bank (24)
JennTr5
August 24, 2021 |
The system has been down all month, but they are giving everyone the highest rate. Hope the fix it soon. I actually love the gamification part (competing with others for most steps)!
Is this review helpful? Yes:3 / No: 0
PJs in bed
March 29, 2021 |
It seemed compelling but too many hoops with an app that didn't load right and I was never able to get the account funded. I will opt for a little less and maintaining my sanity.
Is this review helpful? Yes:4 / No: 0
LHY317
March 15, 2021 |
I am a long distance runner so this is good for me for a couple of years, but I am increasingly wondering why I am carrying my IPhone with me when I run just to pick up 0.05%?
Is this review helpful? Yes:3 / No: 0
Elizabeth R
February 10, 2021 |
Just a great concept! Wish I could be incentivizd the same way for health insurance, life insurance.
Is this review helpful? Yes:3 / No: 0
JaszH
January 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.
Is this review helpful? Yes:3 / No: 0
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