1st Constitution Direct is now offering 1.50% APY for new customers only. This applies to the Direct Super Savings Internet Special
. The standard rate remains the same: 1.25% APY for a $10K minimum balance and 0.50% for balances under $10K.
Previously, they were offering a 1.25% APY for a $100 minimum guaranteed for 3 months. I don't see any guarantee that the rate will last for a certain period on this new promotional rate.
Please refer to my 1st Constitution Direct review
for more details about this account and the bank.