1st Constitution Direct Increases Savings Account Rate for New Customers

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.