Update: This popular deal is still available.
BrioDirect is offering
5.30% APY with their
High-Yield Savings account. No monthly fee.
Thanks to staff member
EfficientGame645 for finding this deal.
Details:- No monthly maintenance fee.
- $5,000 minimum to open.
- $25 minimum to earn APY
- Keep track of your savings with online and mobile banking
- Provided by Webster Bank, N.A. ("Webster Bank"), an insured FDIC institution.
*Annual Percentage Yield (APY) is accurate as of 9/17/2024. Rate is subject to certain terms and conditions. You must deposit at least $5,000 to open your account and maintain $25 to earn the disclosed APY. Rate and APY may change at any time. Fees may reduce earnings.
Slickdeals may be compensated by BrioDirect
Original Post
Written by
Edited September 23, 2024
at 02:20 PM
by
BrioDirect is offering
5.30% APY with their
High-Yield Savings account. No monthly fee.
Details:- No monthly maintenance fee.
- $5,000 minimum to open.
- $25 minimum to earn APY
- Keep track of your savings with online and mobile banking
- Provided by Webster Bank, N.A. ("Webster Bank"), an insured FDIC institution.
The APY dropped 0.05% on 6/4/24, 5.35% --> 5.30%
*Annual Percentage Yield (APY) is accurate as of 6/4/2024. Rate is subject to certain terms and conditions. You must deposit at least $5,000 to open your account and maintain $25 to earn the disclosed APY. Rate and APY may change at any time. Fees may reduce earnings.
Slickdeals may be compensated by BrioDirect
in
Finance
BrioDirect Banking - Bank Advertiser
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If you need to withdraw all your money at once you can not
BrioDirect is an online brand of Webster Bank (FDIC insured), which has been around for almost 90 years and has 177 branch stores across the country (in case that's a benefit to you). Wealthfront is online only and not technically a bank. They distribute your money to banks that are FDIC insured, so you're covered that way.
I think both are good options, so it comes down to your personal preferences. I would opt for the higher rate if there's no major differentiator between the two products (and your money is insured), but that's just me. Some people prefer to go with a known brand they trust and will sacrifice interest in return. American Express Savings, for example, are popular despite only offering 4.25%.
You can see a listof other popular option over on our personal finance site at https://money.slickdeal
You have to send them a "special" message formatted just the way they want it. They don't have an online form or a PDF to make it easier.
On top of that, I can't get them to acknowledge in a formal way that my beneficiaries have been properly assigned.
I don't think it's too much to ask that they send me either a message, or an email, or god forbid a USPS letter showing me the beneficiary info they have on file.
They just want you to take their word for it. As anyone who's dealt with an estate after a person has died will tell you, it's pretty important that you get these details done, and done correctly.
As far as they're concerned, I have to wait till I'm dead to find out they did it incorrectly.
I'm thinking seriously of walking away from them because of this.
Rant over.
.
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Also when you withdraw it shows up on your other bank account at the end of the same day.
Bonus is the transfers show up as a direct deposit. That's great because it'll qualify for bank bonuses that require direct deposits to fulfill bonus requirements.
Will the rate goes down?
Was UBS affected and govt rescued it?
What is the good option - especially those who has not decreased the rate for a while?
Also when you withdraw it shows up on your other bank account at the end of the same day.
Bonus is the transfers show up as a direct deposit. That's great because it'll qualify for bank bonuses that require direct deposits to fulfill bonus requirements.
Can anyone explain what the domestic transfer fees are at this bank and what your experience was?
Also when you withdraw it shows up on your other bank account at the end of the same day.
Bonus is the transfers show up as a direct deposit. That's great because it'll qualify for bank bonuses that require direct deposits to fulfill bonus requirements.
https://www.getfierce.c
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https://www.getfierce.c
Tried Chase after 2 years and they rejected my application!
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https://www.getfierce.c
I opened an account earlier this month, Fierce's app is awesome and very user friendly.
It's a cash account with 5.25% daily compounding interest FDIC insured.
Pros:
You get a Mastercard debit card and can use any allpointnetwork ATM fee free. Use the allpointnetwork locator to find them they are everywhere.
Initial funding took a few days but so far so good. You can also buy crypto and stocks or even open an IRA on the app with the money in your cash account. Takes about 3 days to withdraw back to the original funding account and 10 days to use the money or transfer to any other account.
They are also releasing a credit card that gets 1.5% cash back on all purchases and is automatically deposited to your cash checking account at the end of each month.
Seems promising so far and the app devs are def legit. The only catch is you need to use the app there is no access by website.
You can assign a beneficiary and also there is a 25 dollar bonus if you setup direct deposit.
Since it's not a savings account it doesn't have weird transfer limits that I'm aware of but will dig deeper to see if anything notable to mention here.
Built in budgeting tool and allows you to link all your external accounts to get a big picture view of money in / money out.
Cons:
App only access (but the app is very modern and one of the nicest I've seen)
No actually checking (who actually writes checks anymore?)
No joint account option