M.Y Safra Bank is now offering a 1.10% APY Rate for their Online Personal Money Market account! Enjoy the many benefits and convenience of an online account including many features such as no monthly fees, 6 free withdrawals and transfers every statement cycle, and secure online banking. The APY rate is applicable on accounts with balances ranging from $5,000 to $500,000 so hurry and take advantage of this great offer and apply within minutes online!
M.Y. Safra Bank Savings Account Summary:
- Apply Now
- Account Type: Money Market Account
- Rate: 1.10% APY
- Availability: Nationwide
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Direct Deposit Requirement: None
- Additional Requirements: None
- Avoid Monthly Fee: No Monthly Fees
- Early Termination Fee: No Termination Fee however,
- $20 fee per statement cycle, if average daily balance for the statement cycle falls below $5,000.00
- $15 item fee for each withdrawal/transfer beyond the six allowed per statement cycle
M.Y. Safra Bank Savings Account Requirements:
- Must be a US natural person
- Open account online, enroll in online banking, and exclusively receive periodic statements in electronic format.
- Minimum opening deposit is $5,000.00.Deposit new funds and maintain a minimum balance of $5,000.00
M.Y. Safra Bank Savings Fine Print:
- The APY assumes monthly compounding of interest at the rate indicated for a full year.
- Interest rate applied to entire deposit based on balance met. APY varies depending on balance.
- The following APYs disclosed are accurate as of May 3, 2017: The APY on balances up to and including $500,000.00 is 1.10%; and the APY on balances in excess of $500,000.00 is 0.20%.
- TheMYSB Direct Online Money Market account is limited to one per household.
If you are currently interested in an online Money Market Account with the convenience of many online features, open a new account with M.Y. Safra Bank! The 1.10% APY rate applies to all balances that range from $5,000 to $500,000 and there are only a few requirements to qualify! However, if you’re not interested in this offer check out our Best Bank Rates for savings accounts and more!
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