Apple Bank is currently offering residents of New York a 1.25% APY when you sign up and open a new Money Market Account. To qualify for the stated rate, simply have a minimum opening deposit of $2,500 as well as providing a small $100 minimum deposit. For those that are interested, simply maintain the daily balance on account and the great APY rate is yours! Additionally, you will have the satisfaction of knowing the $10 monthly maintenance fee is waived with your deposit. How great is that? If you are interested, I recommend you apply online as soon as you can, while the rate’s still the same!
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Apple Bank Account Summary:
- Apply Now
- Account Type: Money Market Account
- Rate: 1.25% APY
- Availability: NY (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:
- $2,500 is required to open the account and to avoid the $10 monthly service charge.
- Early Termination Fee:
- If you close your account before your accrued dividends are credited, you will not be paid any dividends for that period.
Apple Bank Account Features:
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Highly competitive variable, tiered rates
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$2,500 minimum daily balance to earn interest
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100% liquid
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Write up to six checks per month
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Unlimited deposits and withdrawals at any Apple Bank branch
- FDIC insured
Apple Bank Fine Print:
- $100 minimum deposit required to open account.
- $2,500 minimum daily balance required to avoid $10 monthly maintenance fee.
- A combined $3,000,000 maximum deposit per household applies to the Apple Bank Money Market Account.
- A household is defined as a family residing at the same address.
- Funds used to open accounts cannot be from an existing Apple Bank account.
- Offer may be withdrawn at any time without prior notice.
Conclusion:
Are you currently on the market for a new banking experience? How would you like to save over time with a generous APY rate? If so, then definitely check out the current promotion Apple Bank is offering! Simply meet the opening deposit and maintain at least $2,500 on account. Once you have done so, you will be able to earn the generous rate as well as a wide selection of account features! However, it seems this promotion is limited geographically and only for a limited time. If you qualify, this account could possibly be quite attractive to you. However, if you are not currently interested, be sure to check out our list of best savings rates for all your saving needs!
