Porte 3% Savings Account On Balances <$15K

ichaelm
  |     |   476 posts since 2010

This should probably go in the Bank Promotions forum, but I can't put it there since Porte and MetaBank aren't in the DA database. Porte is a fintech. Deposits are held by MetaBank, (which I think is mainly a credit card bank; hence why it's not in the database) and insured up to $250k. In order to open the savings acct, you first must download the app to open a Porte acct and receive a monthly DD of at least $1k. You can then open a savings acct and transfer funds to it. You receive 3.00% on balances up to $15k, and 0.50% on any portion of your balance which exceeds $15k.

Since downloading an app is required, I think this acct is mainly aimed at millennials and unfortunately, I'm a boomer, so I'll pass on this one.

https://www.portebanking.com/savings-account/



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