Biscayne Bank is now offering residents nationwide a 1.00% APY for their Regular Savings Account. To get started with this rate, all you would need to do is have a opening deposit greater than or equal to $1,000. Once you have done so, you will receive the rate as well as a wide range of account features to compliment your banking experience. Additionally, you can also bank with ease knowing the bank is FDIC insured. How great is that! Are you currently interested? Please do not hesitate! I recommend you apply as soon as you can as the rate is subjected to change.
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Biscayne Bank Savings Account Summary:
- Apply Now
- Account Type: Regular Savings Account
- Rate: 1.00% APY
- Availability: Florida (Bank Locator)
- Expiration Date: None listed
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Direct Deposit Requirement: None listed
- Additional Requirements: See Below
- Avoid Monthly Fee: $25, if balance falls below $1,000
- Early Termination Fee: Please contact your local representative regarding termination fee
Biscayne Bank Savings Account Requirements:
- Minimum balance of $1,000 is required.
- 1.00% rate applicable to account balances of $1,000 or higher.
Biscayne Bank Savings Fine Print:
- Interest begins to accrue no later than the business day they receive credit for the deposit of noncash items.
- They use the daily balance method to calculate the interest on your account.
- They apply a daily periodic rate to the principal in the account each day.
- Transfers from a savings account to another account or to third parties by pre-authorized, automatic or telephone transfers are limited to six per monthly statement cycle.
Conclusion:
It is often difficult to select which account fits your needs the best. With a sea of bank rates, finding one that’s perfect for you isn’t as easy as it seems. However, with Biscayne Bank, you can do just that! With a new account, you can earn a generous rate just for meeting its deposit requirement. Additionally, with access to a range of account features, banking has never been easier. However, if you’re not interested in this offer check out our Best Bank Rates for savings accounts and more!
