Purepoint MUFG Union:
Online Savings Account - 0.40% APY

• Online account management system allows customers to initiate free bank-to-bank electronic funds transfers on amounts up to $250,000.
• Up to 10 bank accounts at other banks may be linked.
• Account may be set up for personal trusts.
• No ATM Access.
• No monthly account fees.

Fee and Feature Guide

Savings Account
Interest Rate
APY 0.40%
Minimum deposit amount $10,000.00
Maximum deposit amount N/A
Balance Requirements
Minimum Opening Deposit $10,000.00
Minimum Balance to Avoid Fees $0.00
Minimum Required Balance $10,000.00
Monthly Maintenance Fee N/A
Foreign ATM Fees N/A
Insufficient Funds Fee N/A
Incoming Wires N/A
Paper Statements ×
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 ×
Online Bill Payments Required Yes
Account Opening
Open Online Yes
Insured by F.D.I.C.

Customer Reviews for Purepoint MUFG Union (34)

  • June 10, 2022 |

    Online Savings Rates

    This bank hasn't raised their rates! Maybe I was sleeping but I need to get out of here fast.

  • December 8, 2021 |

    Marcus (GS) and Barclay high yield savings both 0.50%.

  • May 20, 2021 |

    Online Savings Rates

    Lost in all of these reviews is that Purepoint is the bank that let's you have tons of corresponding accounts to which you can ACH money (their limit is something like 10). So, if you want to play this game of earning more than you can get by leaving your money with Goldman Sachs, Morgan Stanley, Chase (and it is a game worth playing) and having FDIC insurance at all of them, Purepoint is basically the first account you should open as it enables you to get large amounts of cash fast in and out of the smaller banks.

  • February 28, 2020 |

    Online Savings Rates

    Purepoint is great. Only Citizens Access is better and I've had all of these. I have nothing to gain by saying this, but I would opt for Purepoint when the rates are comparable.

  • February 25, 2020 |

    Online CDs 13 Month Rates

    I've been using Purepoint for a couple years now never had a problem. Rates always seem to stay in the top 25% of online banks. No problem getting through to customer service and the quickest transfers I've found with online banks. I would recommend.

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