RBMAX

RBMax is a division of Republic Bank (the Republic Bank that's out of Kentucky). RBMax Max Savings Account is 5.00% APY for balances up to $249,999.99. I am not at all recommending this account because we can get above 5% APY at other places. I am only posting this for information purposes, as it is not at DA yet. A CSR told me on the phone that ACH transfer limits in & out initiated at RBMax are $45,000 daily, with a monthly limit of $75,000; however, don't be surprised if the info provided turns out to be inaccurate. (I did not want to wait on hold while the rep had to contact their digital banking dept. to confirm...and especially since I doubt most would choose this account since we can get higher elsewhere.) Unlimited amount of withdrawals. No minimum balance required. $10 to open. Available nationwide. You can have more than $249,999.99 in the account, but the overage earns only 0.50% APY. Paper statements cost $4.00 per month. They also offer a checking account, but there