Bank Deals Blog: Nationwide Deals

There was movement today in the savings account rates peloton, with WebBank’s High-Yield Savings Account breaking away to match the 2.50% APY offered on USALLIANCE Financial’s High Dividend Savings. The minimum deposit required to open and earn the stated APY is $1k, with initial funding capped at $500k. 2.50% APY seems to be the “rate du jour” for nationally available liquid accounts, with three savings and five money market accounts...

Dover Federal Credit Union (Dover Federal) has added the Kasasa brand to its product line and is currently offering a Kasasa Cash account that earns 3.25% APY on qualifying balances up to $30k. Qualifying balances over $30k earn 0.25% APY, with non-qualifying balances earning 0.05% APY.

Qualifying Requirements

• At least 12 debit card purchases
• Be enrolled in and agree to receive eStatements
• Be enrolled in and log into...

Discover Bank has been offering bonuses on new Online Savings accounts for several years. The latest one offers a bonus of up to $200 when opening a new Online Savings account by June 3, 2019. Here are the bonus details:

Bonus Requirements

• Open an Online Savings account by June 3, 2019.
• Use offer code NPBE519 when applying.
• $150 bonus – fund with at least $15k by June 17, 2019.
• $200 bonus – fund with at least...

Earlier this month, Partner Colorado Credit Union (Partner Colorado) raised the rate on its High-Interest Checking account to 3.50% APY on qualifying balances up to $10k. (While the cap is low, the APY is definitely competitive.) Qualifying balances between $10k-$25k earn 0.50% APY, with qualifying balances over $25k and non-qualify balances both earning 0.10% APY.

Qualifying Requirements

Since I last wrote about the High-Interest Checking account in 2013, the qualifying...

Connexus Credit Union (Connexus) raised the rates on its Share Certificates (SC) yesterday, making its 60-month SC (3.40% APY) the rate leader for nationally available 5-year CDs. The other new competitive rate belongs to the 36-month SC, which now earns 3.10% APY. The minimum opening deposit for any Share Certificate is $5k, with no stated balance cap.

Connexus Share Certificates are offered as IRAs (Traditional and Roth), earning...

Two weeks ago, I wrote about Comenity Capital Bank’s new online division, Comenity Direct, and its High-Yield Savings Account (2.48% APY). There are also five CDs in the product line that offer good (but not great) rates, with the 1- and 3-year CDs having the most competitive rates. Any of the CDs can be opened with a minimum $1.5k...

About a month, I wrote about Investors eAccess’ inaugural product, the eAccess Money Market account, which earns 2.50% APY on all balances up to $2 million. Investors eAccess has recently expanded its product line with a 6-month No Penalty CD (2.50% APY) and a 10-month CD (2.70% APY). Either CD can be opened with a minimum $500 deposit. Of the two, the No Penalty CD is the...

It’s a good news/bad news Monday at Navy Federal Credit Union (Navy Fed). Might as well do the bad news first: Navy Fed’s 6-, 17-, and 40-month Special Certificates are no longer available.

The good news is there’s a new 10-month Special Certificate that can be opened with a minimum $50 deposit, but its 2.75% APY isn’t as competitive as the APYs offered...

About six months ago, earn.bank made its internet banking world debut, offering a Money Market Account (MMA) and two CDs. The MMA offered an initial (and respectable at the time) 2.02% APY on all balances. Within one month, the rate jumped to 2.31% APY, making it the top-rated nationally available money market account. The rate was raised to 2.41% APY on all balances in January and as of last...

Comenity Direct (an online division of Comenity Capital Bank) has introduced its High-Yield Savings Account (HYSA), which currently earns 2.48% APY on balances between $1 and $10 million. This new account is now the rate leader for nationally available savings accounts with low minimum balance requirements. The HYSA can be opened with a minimum $100 deposit.

Comenity Direct also offers five competitive CDs with terms from...