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Retirement Savings: How Much Should I Save Each Month?6% 3-Month Money Market Promo Available to All at Dime
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POSTED
ON BY Ken Tumin
Dime Savings Bank is offering a 6.00% APY 3-month promotion on its Rewards Money Market Account. In the past this promo was only for those who received a special code from the bank. However, it's now available to all who haven't participated in this promotion in the past. In the application, just leave the code box blank.
You can close the account after 3 months without penalty. According to the customer service rep, they only do a ChexSystem check and no hard credit pull during the application.
Dime Savings has an online banking system but it doesn't have an ACH transfer system. The money market account does have check writing.The first 30 checks are free.
Thanks to the commenter MG who mentioned this in the finding deals post. I also called and confirmed this with the customer service rep. This looks like a good special for those who might be just finishing the 3 months of 5.51% checking at Everbank.
The Dime Savings Bank is FDIC insured and is based in Brooklyn, New York. It has over $3 billion in total assets. It's rated 4 out of 5 stars by Bankrate.com (sound).
[Edit 7/20: Reader was informed by Dime that the first 30 checks are not free.]
You can close the account after 3 months without penalty. According to the customer service rep, they only do a ChexSystem check and no hard credit pull during the application.
Dime Savings has an online banking system but it doesn't have an ACH transfer system. The money market account does have check writing.
Thanks to the commenter MG who mentioned this in the finding deals post. I also called and confirmed this with the customer service rep. This looks like a good special for those who might be just finishing the 3 months of 5.51% checking at Everbank.
The Dime Savings Bank is FDIC insured and is based in Brooklyn, New York. It has over $3 billion in total assets. It's rated 4 out of 5 stars by Bankrate.com (sound).
[Edit 7/20: Reader was informed by Dime that the first 30 checks are not free.]