Are you currently a resident of New Jersey who is on the market for a savings account? If so, I recommend checking out the current 1.00% APY rate Gibraltar Bank is offering when you open a new First Class Statement Savings Account. For those that are interested, the bank is offering the generous rate will a opening balance of $5,000 or more. Once you have provided the opening deposit, you will get to enjoy the rate! It’s as simple as that. With a new account, you will be able to experience the great service and care the bank has to provide for their valued customers. If you are interested in becoming a part of their growing family, then I recommend you apply as soon as you can as the rate’s subjected to change.
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Gibraltar Bank Account Summary:
- Apply Now
- Account Type: First Class Statement Savings Account
- Rate: 1.00% 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: $10.00 monthly service fee on daily balance below $5,000.
- Early Termination Fee: None listed
Gibraltar Bank Account Features:
- Online banking
- Mobile banking
- eStatements available
- Telephone banking
- Interest on Savings accounts is compounded monthly and credited monthly.
- FDIC insured
Gibraltar Bank Fine Print:
- Must provide $5,000 to earn stated rate
- Rates are subjected to change
- $5,000 daily balance must be maintained to avoid monthly fee
Conclusion:
If you are a resident of New Jersey and would like to start a new banking experience, then now is your chance. Gibraltar Bank is offering you an attractive rate with a easy one time deposit. In fact, with the current requirement, you can enjoy more of the things you love for less than you think. Additionally, you will be able to take advantage of a range of account features to better your banking experience. However, this account is limited geographically. If you qualify, you might find this to be quite worthwhile. However, if you are not currently interested, be sure to check out our list of best savings rates for all your saving needs!