HarborOne Bank Introduces Remarkable Savings, 2.50% APY


Deal Summary: Remarkable Savings Account, 2.50% APY on balances between $5k and $249,999.99, rate guaranteed through December 31, 2019, $5k minimum deposit, new money.

Availability: Online market area includes Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

Massachusetts-based HarborOne Bank (HarborOne) has a new savings account – the Remarkable Savings Account. Minimum daily balances between $5k and $249,999.99 earn 2.50% APY, with the 2.50% APY guaranteed through December 31, 2019. This limited-time offer requires a minimum $5k opening deposit of new money.

3.00*%$100k$100mHarborOne BankRemarkable Savings - New Money (Opened after 3-15-2022)
OTHER TIERS: 0.02% Up to $5k | 0.10% $5k - $25k | 2.25% $25k - $100k
Rates as of March 24, 2023.

While the rate guarantee gives the Remarkable Savings Account a competitive edge, there are a few details to be aware of:

  • A daily balance of less than $5k will earn 1.70% APY.
  • A daily balance of $250k and above will earn 0.00% APY (zero) on the entire balance. Customers with balances nearing $250k should closely monitor their account to avoid a tragic 0% APY.
  • ”Offer available only for ALL new money to HarborOne Bank.” CSR confirmed that any deposit must be new money to keep the account open and earn 2.50% APY.
  • ”After 12/31/19 rates may change on your account without notice.” FYI – the current highest rate on a HarborOne non-promotional savings account (i-Savings) is only 0.50% APY with a $25k minimum balance.

While a Terms and Conditions of Your Account disclosure is available on HarborOne’s website, I still needed to do a Live Chat to learn the following:

  • Funding the account can be done by ACH, wire ($15 fee incoming/$25 fee outgoing) or by check.
  • ACH transfers generally take three days.
  • There is no limit on the number of linked external bank accounts, but “there is a external transfer limit of $2,500.00 per day and $10,000.00 per month.”
  • An ATM card is available upon request, although there is a $1.25 transaction fee for using a non-HarborOne ATM.
  • There is a $10 Excessive Transaction Fee for each withdrawal beyond the six allowed per month.
  • One beneficiary is allowed per account and a Social Security number is required. Beneficiaries must be persons – no charity or non-profits allowed.
  • Trust and custodial accounts are allowed, but the only types of accounts that can be opened online or over the phone are individual and joint accounts.


Headquartered in Brockton, Massachusetts, HarborOne Bank offers its product line to individuals who have a valid mailing address in New England, including Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

Opening a Remarkable Savings Account can be done online, or at any of 15 Massachusetts branches located in Abington, Attleboro, Bridgewater, Brockton (4), Canton, Mansfield, Middleboro, North Easton, Plymouth, Randolph, Raynham, and Stoughton. Following the 2018 acquisition of Coastway Community Bank, HarborOne now has nine Rhode Island branches, which are located in Cranston (2), East Greenwich, Lincoln, Providence (2), Riverside, and Warwick (2).

Bank Overview

HarborOne Bank has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 4.45% (excellent) based on December 31, 2018 data. In the past year, the Bank has increased its total non-brokered deposits by $824.02 million, an excellent annual growth rate of 45.63%. Please refer to our financial overview of HarborOne Bank (FDIC Certificate #59070) for more details.

HarborOne Bank is currently the twelfth largest bank headquartered in Massachusetts, with assets in excess of $3.6 billion. Established in 1918 as Brockton Credit Union, the name was changed to HarborOne Credit Union in 2004 to reflect an expanded field of membership, which included four east Massachusetts counties. In 2013, HarborOne converted to a bank to “provide more opportunities for growth and better meet the needs of those who wanted to do business” with HarborOne.

In late 2018, HarborOne acquired Rhode Island-based Coastway Community Bank. This accounts for HarborOne’s rather impressive 45.63% deposit growth rate (see above). Coincidentially, Coastway Community Bank, like HarborOne, was formerly a credit union, with Coastway becoming a publicly traded company in 2014. HarborOne President and CEO James Blake described the deal as "a strategic acquisition for HarborOne, and a great fit with our growth plan."

How the Remarkable Savings Account Compares

When compared to the Savings Accounts tracked by DepositAccounts.com that are available nationwide and do not require a large minimum balance, HarborOne Bank’s Remarkable Savings Account APY currently shares the top spot with USALLIANCE Financial’s High Dividend Savings APY.

The above rates are accurate as of 5/11/2019.

To search for the best Savings Account, both nationwide and state specific, please refer to DepositAccounts.com’s Savings Account Rates page.

Related Pages: Boston savings accounts, Providence savings accounts, savings accounts

  |     |   Comment #1
"Unremarkable" Savings........Hey HarborOne this has been available at other banks for almost a year!!
  |     |   Comment #8
This is actually somewhat remarkable because of the rate guarantee through the end of 2019....
  |     |   Comment #11
Meh-Who cares? You can find a no penalty CD or a short term brokered CD for more.
  |     |   Comment #2
How un-Remarkable.
  |     |   Comment #3
No reason to criticize a top rate.

Criticize all those that pay significantly less.
  |     |   Comment #5
The medium home cost of a home in Massachusetts is $390,000 compared to USA average of $219,000. Housing rental is twice of the average as well. 2.50APY is not "remarkable" for the area considering. Surprised they used that adjective.
  |     |   Comment #6
#5 - No offense, but you seem to be arguing that interest rates paid to consumers in a locale should somehow correlate with housing or rental prices in that same locale. Were that the case, we'd all be scrambling on this website for very high interest rates from banks and CUs in San Francisco or NYC. In actuality, we see sporadically higher rates from various areas of the nation.
It's all relative...
  |     |   Comment #7
My local bank (in MA) is paying 0.02% on their Platinum Savings Account. I'd have to check my thesaurus to see how Remarkable and Platinum rank as adjectives!
  |     |   Comment #16
So when the interest rate collapses in January, or at any time before then, can you simply close the account without penalty or charges? Sounds like a good place to put money while watching for a better CD deal to come along.
HarborOne Bank 14-Month Remarkable CD, July 17-18 Only

UPDATE 7/16/2018: The Remarkable CD can be opened online.

Deal Summary: 14-month Remarkable CD, 3.00% APY, $1k minimum deposit, new money, available July 17 and 18, 2018.

Availability: Market area includes Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

For the third time in the past five months, HarborOne Bank (HarborOne) is offering a Remarkable CD for two days. The “three-peat” Remarkable CD is a 14-month CD (3.00% APY) that can only be opened on July 17 and 18, 2018....

Continue Reading
HarborOne Bank Adds 20-Month CD Special
Deal Summary: 20-month CD Special, 2.30% APY, $1k minimum deposit, new money.

Availability: Market area includes Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

At the end of February, HarborOne Bank (HarborOne) offered a 13-month Remarkable CD (2.75% APY) that was only available for two days. Barely two weeks later, HarborOne has added two limited-time CD Specials: 11-month (1.75% APY) and 20-month (2.30% APY). Of the two, the 20-month is the more competitive CD.

The minimum deposit is $1k of new...

Continue Reading
HarborOne Bank Offers 13-Month CD On February 27 And 28
Deal Summary: 13-month Remarkable CD, 2.75% APY, $1k minimum deposit, $250k maximum deposit per household, new money, only available February 27 and 28.

Availability: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont

On February 27 and 28, HarborOne Bank (HarborOne) is offering a 13-month Remarkable CD, earning 2.75% APY. The minimum deposit is $1k of new money, with a $250k maximum deposit per household.

The Remarkable CD is also available as an IRA (Traditional, Roth, and CESA) earning the same APY, but only requiring a $500...

Continue Reading
HarborOne Bank Promotes 7- and 13-Month Special CDs
Availability: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont

When I last wrote about HarborOne Bank (HarborOne) in 2013, it had recently changed from a credit union to a bank. As a credit union, HarborOne had a history of offering good CD deals, but since its conversion three years ago, that hasn’t been the case. That changed last week when HarborOne began promoting two Special CDs: 7-month (1.00% APY) and 13-month (1.30% APY).

The minimum opening deposit is for either Special...

Continue Reading
Top 4-Year and 7-Month CD Rates at HarborOne Bank - New England Only

HarborOne in Massachusetts just recently changed from a credit union to a bank. When it was a credit union, it had offered several good CD deals. I’m glad to see the deals haven’t stopped now that it’s a bank. HarborOne Bank currently has two good CD deals: a 2.00% APY 4-year CD and a 1.05% APY 7-month CD. Minimum deposit is $1,000 ($500 in an IRA). These rates are listed in the bank’s deposit rates page as of 8/9/2013.

One downside with the 4-year CD is a large early withdrawal penalty....

Continue Reading

More Past Offers

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.