If you are a current resident of New Jersey that would like to start a new savings experience, then look no more! Oritani Bank is offering a 1.25% APY when you sign up and open a new Premier Money Market Account. To get started with this attractive rate, simply deposit any amount you would like up to $249,999.99. Once you have provided the amount, you will gain access to the rate as well as a host of account features to better your banking experience. Additionally, you will be able to earn an additional rate for amount over the required deposit. If you are currently interested, I recommend you apply as soon as you can while the rate stays the same!
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Oritani Bank Account Summary:
- Apply Now
- Account Type: Premier Money Market Account
- Rate: 1.25% APY
- Availability: NJ (Branch Locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know!
- Direct Deposit Requirement: No
- Additional Requirements: None
- Avoid Monthly Fee: None, with a $1,000 average monthly balance or more.
- Early Termination Fee: None
Oritani Bank Account Requirements:
- Open a Premier Money Market Account with Oritani Bank with a minimum opening deposit of $10,000.
- Maintain a balance no greater than $249,999.99 to earn the 1.25% rate.
- If balance exceeds $249,999.99, than the account will earn a 0.45% rate.
Oritani Bank Fine Print:
- You must have an existing or new Oritani Bank checking account with at least one (1) recurring monthly direct deposit to the Oritani checking account or this account.
- If you do not receive at least one (1) recurring direct deposit monthly, this account will convert to a Regular Money Market Account (Type 81) and the corresponding Annual Percentage Yield (APY) will be in effect for that account for the corresponding balance tier.
- The account must be opened with no less than $10,000 new funds, not currently on deposit at Oritani Bank.
Conclusion:
If you would like to earn a generous rate while still being able to have a new banking experience, then now is your chance! Oritani Bank is offering you an attractive rate by simply meeting a few requirements. Additionally, you will have instant access to a range of account features to better your banking experience. However, the rate’s subjected to change. If you are interested, I recommend you apply as soon as you can! However, if you are not currently interested, be sure to check out our list of best savings rates for all your saving needs!