• Competitive High-Yield Interest Rates
• No balance caps
• No monthly service fees
• No Opening Minimum Deposits
• Online & Mobile Banking Access
• No minimum deposit to open
• $1 Daily Balance
Savings Account | |
---|---|
Interest Rate | |
APY | 0.65% |
Minimum deposit amount | $0.00 |
Maximum deposit amount | N/A |
Balance Requirements | |
Minimum Opening Deposit | $0.00 |
Minimum Balance to Avoid Fees | $0.00 |
Minimum Required Balance | $1.00 |
Fees | |
Monthly Maintenance Fee | N/A |
Foreign ATM Fees | N/A |
Insufficient Funds Fee | $30.00 |
Incoming Wires | $15.00 |
Statements | |
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. |
Joy | Feb 28, 2021
ACH transfers limited to $3,000, unsecured website, emailing acct numbers, hours to reach customer service. Need not say more.
RickS | Jan 23, 2021
Not worth the hassle.
VP Michael Penis | Oct 24, 2020
Avoid any bank that lowers its savings rate from 0.90% to 0.65% without any notice to customers. just avoid it.
Ted Doolittle | Oct 17, 2020
I opened an account here online two weeks ago. I funded with $50,000 from WFC, easy, no issues. Then I set it up to increase funding and each entry was rejected. Only after opening I learn the bank has a $3,000 external funding limit. I tried to reach someone by phone to ask about this and was placed on hold for over 30 minutes at which point I hanged up. From reading some of the other reviews on this site, I see that I might be able to overcome this rule by funding from source account at WFC, but I will still need to check with them and that will involve another 30 minutes of wasted time. I would not have bothered with this account had I been aware of these limitations. Also, I am now regretting working with a bank in Utah as it is the only damn State in the Union still backing the orange narcissist.
Ron Butler | Sep 03, 2020
Lots of hassles left us wishing we had gone with a bigger name even if it means giving up a few dollars in interest.