Ken Tumin founded the Bank Deals Blog in 2005 and has been passionately covering the best deposit deals ever since. He is frequently referenced by The New York Times, The Wall Street Journal, and other publications as a top expert, but he is first and foremost a fellow deal seeker and member of the wonderful community of savers that frequents DepositAccounts.
When I have the occasion to write about a new bank, “new” usually means opened in the recent past; in the case of PurePoint Financial, “new” means yesterday, literally. PurePoint Financial is an online division of MUFG Union Bank, N.A. (Union Bank) which itself...
UPDATE 3/11/2017: Rate was increased to 1.35% APY.
Deal Summary: Money Market, 1.25% 1.35% APY guaranteed for 4 months, minimum deposit of $10k new money, checking relationship.
Availability: Central and South Florida
Now through March 31, 2017, Florida Community Bank (FCB) is offering a promotional rate of 1.35% APY on its Personal or Personal High Yield Money Market that is guaranteed for four months. This Make The Jump promotion requires a minimum opening deposit of $10k of new money and also has a checking relationship requirement.
Deal Summary: Ascend Account (money market account); tiered rates; 1.25% APY, $75k+; new money required; rates guaranteed through August 31, 2017.
Availability: Easy membership requirement
McGraw-Hill Federal Credit Union (McGraw-Hill FCU) has just added a new money market account, the Ascend Account, which has tiered APYs based on daily deposit balances ($5k+, 1.00% APY; $20k+, 1.10% APY; $75k+, 1.25% APY). The minimum opening deposit is $5K of new money, defined as funds that have “not been on deposit with McGraw-Hill FCU for more than 30 days,” with a $500k...
First Central Savings Bank (First Central) is promoting its online E-Premier Money Market account. While First Central’s rate page lists three deposit tiers ($10k, $25k, and $50k), all three earn the same 1.10% APY.
The minimum opening deposit is $10k, and a monthly fee of $10 is assessed when the daily balance falls below $10k. On the plus side, the account has check writing privileges and surcharge-free ATM access at Allpoint ATMs.
Deal Summary: America Saves Money Market, 1.70% APY on $1k-$25k new money, guaranteed through the end of 2017, only available through March 4, 2017.
Availability: Easy membership requirement.
Now through March 4, Credit Union of New Jersey (CUNJ) is promoting its America Saves Money Market, with a guaranteed 1.70% APY through December 31, 2017. The minimum opening deposit is $1k of new money and there is a balance cap of $25k (rate of 0.25% APY applies to balances above $25k.)
POSTED ON WEDNESDAY, FEBRUARY 15, 2017 BY KEN TUMIN
UPDATE 2/15/2017: Offer has been extended through March 3, 2017 and coupon code has changed (SAVE117D1).
Deal Summary: $100 bonus on new Online Savings account.
Availability: Nationwide (internet bank)
Discover Bank is offering a $100 bonus when opening a new Online Savings account with a minimum deposit of $15k. This promotion is for customers who have never had a Discover Bank Online Savings or Money Market account.
$100 Bonus Requirements
Open an Online Savings account by January 31 March 3, 2017.