Item 1 of 1
expiredthegman230 posted Jan 31, 2023 3:16 PM
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($1 minimum deposit)
Deal Details
Primis Bank is offering their Primis Savings Account at 5.03% APY with $1 minimum deposit.
Thanks to Community Member thegman230 for posting this deal.
Thanks to Community Member thegman230 for posting this deal.
Note: APYs are subject to change at any time without notice.
Key Features:
Key Features:
- A straight-forward interest rate: 4.92% with an annual percentage yield (APY) of 5.03%.
- APY effective 01/30/2023, no minimum balance required to obtain APY and fees may reduce earnings. This account is only available online. To open a comparable account at a branch visit a location near you (Maryland & Virginia).
- Open for just $1
- Free services, like incoming wires
- Easy, simple banking
- No Minimum Balances
- No Service Fees
- No Transaction Limits
Editor's Notes
Written by StrawMan86 | Staff- About this deal:
- Primis Bank is an FDIC Member.
- Please refer to the forum thread for additional details & discussion. -StrawMan86
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Primis Bank is offering their Primis Savings Account at 5.03% APY with $1 minimum deposit.
Thanks to Community Member thegman230 for posting this deal.
Thanks to Community Member thegman230 for posting this deal.
Note: APYs are subject to change at any time without notice.
Key Features:
Key Features:
- A straight-forward interest rate: 4.92% with an annual percentage yield (APY) of 5.03%.
- APY effective 01/30/2023, no minimum balance required to obtain APY and fees may reduce earnings. This account is only available online. To open a comparable account at a branch visit a location near you (Maryland & Virginia).
- Open for just $1
- Free services, like incoming wires
- Easy, simple banking
- No Minimum Balances
- No Service Fees
- No Transaction Limits
Editor's Notes
Written by StrawMan86 | Staff- About this deal:
- Primis Bank is an FDIC Member.
- Please refer to the forum thread for additional details & discussion. -StrawMan86
Community Voting
Deal Score
+63
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Top Comments
Once funding occurs the daily external transfer limit for the CFG High Yield Money Market Account is $5,000. Your external transfers may not exceed $30,000 in a 30-day rolling period.
FDIC official website has a section for concernicus folks like you specifically:
https://www.fdic.gov/consumers/co...tions.html
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478 Comments
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Our community has rated this post as helpful. If you agree, why not thank canyonheights9
All in all, rate chasing is dumb. For the majority of people who have less than 100k in a savings account, this rate vs a Discover rate of 3.3% is negligible. Most folks also aren't keeping that kind of cash in a savings account for years. Just read up on America's emergency savings problem.
Once funding occurs the daily external transfer limit for the CFG High Yield Money Market Account is $5,000. Your external transfers may not exceed $30,000 in a 30-day rolling period.
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1) How often is interest calculated? Daily vs Weekly?
2) How often is interest credited? Monthly?
3) Are there any early account closure fees?
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