• 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.
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 |
Fees | |
Monthly Maintenance Fee | N/A |
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 | 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. |
Gustavo L 18 | Feb 28, 2020
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.
Jason | Feb 25, 2020
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.
Rebby Lawson | Dec 19, 2019
I have a lot of money with Purepoint and they really won my business the last several years with nice X-Mas presents and birthday presents. Once it was nice teas, one it was coffee and once it was chocolates. My favorite was liquor infused gummies. It made me feel that my business was appreciated in a way that it isn't by the other online banks. This year I received only an email labelled "important - happy holidays". Between this and the constant rate drops, I am now looking to move my money back to a local bank.
JR Thomas | Aug 18, 2019
Bad: - QUIET RATE DROPS (I have a couple of other OSAs and the rate drops are always announced by email). - UNAVAILABLE CUSTOMER SERVICE (don't try to contact them during non-regular business hours). GOOD: - Gummy bears, tea, coffee, etc. for birthdays and X-Mas gifts. Small gifts, but it is nice to be recognized as a client. 3 Stars!
Patrick Morrissey | Feb 26, 2019
We opened up a savings account at the Purepoint office in Glendale Heights, Illinois in December of 2018. We never had a online savings account because it was too confusing to open being titled to a trust. Their employees made it so easy. They instructed us on how to do a deposit and bank transfer. They made sure that we were comfortable with the process. We are both baby boomers from the pre technology era. Their employees made in such an pleasurable experience. This company knows how to hire and train their employees. And you can’t beat their rates. Highly recommended.