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.
Note: APYs are subject to change at any time without notice.
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
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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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savings account disclosures
not sure how to add this to the top post but probably should be there.
savings account disclosures
not sure how to add this to the top post but probably should be there.
Too f'-in Karen-y for me. Pass.
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BUT NO! They required my login credentials for the account that I wanted to transfer the money from. MY MISTAKE!!! They only require the credentials if you correctly identify your bank's name. If you enter random letters instead, they'll grant you the privilege of validating with routing and account numbers and some test transactions.
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Ally Saving also has this same dynamic where you can have a saving account (3.4% APY) with a brokerage account. You can have quick access to purchase stocks or earn interest on uninvested cash.
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