Jenius Bank is offering 4.80% APY when you open a savings account – available nationwide.
Update 10/30/24: The rate has decreased to 4.80% APY from 5.05%. This account requires no minimum balance requirement with no fees to earn the incredible rate!
About Jenius Bank Savings
Unlike other banks, Jenius Bank™ challenges the experiences that just don’t make sense. Banking and your money should work for you — we’re on a mission to make that happen.
- Purpose: We’re committed to our purpose: “To help you live a richer life.”
- Vision: Empowering customers with a new approach to banking through actionable insights and innovative tools to better manage their financial lives.
- Mission: To humanize digital banking and lead a monumental shift in the industry.
Jenius Bank is proud to be the digital banking division of SMBC MANUBANK and a member of the SMBC Group. We have a startup mindset supported by SMBC Group’s 400 years of banking history and $2 trillion in assets, so we’ll be here to grow with you for the long term.
I’ll review the Jenius Savings account below.
Jenius Bank Savings Rate
To easily earn Jenius Bank’s competitive rate, start by opening a Savings account.
- Eligible account: Jenius Savings account
- Credit inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide (Excluding Hawaii and New Mexico)
- Opening Deposit: $1
- Monthly fee: None
- Early Termination Fee: Not listed
(FDIC Insured)
How to Earn Rate
- Open a new Jenius Savings account.
- Fill out your personal information – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account/transfer funds – Transfer funds electronically from an internal account here or an external account at another bank.
- Start earning interest from Day 1 of your first deposit with no limit on how much you can earn.
Balance Requirement | APY Rate |
$0.01+ | 4.80% APY |
Account Features
- Market Leading Rates. Feel confident you’re earning more with a Jenius Savings account. Say goodbye to rate FOMO.
- FDIC Insured. Deposits are insured by the FDIC up to $250,000. So, you can feel confident your money is safe.
- No Minimum Balance. Grow your savings on your terms. Open a Jenius Savings account with as little or as much as you want.
- First-Class Customer Service. 100% digital because you prefer it, 100% human when you want it. 24/7 access to our U.S.-based customer service online or by phone.
- No Fees. Unlike other banks, you won’t pay any fees on your Jenius Savings account. Without fees, you may save even more.
- 24/7/365 Fraud Monitoring. Scammers don’t stop and neither do we. We monitor against fraud day and night, all year.
Conclusion
If you’re looking for a savings account that offers a competitive rate, here’s a great candidate.
In addition to the rate, check out our list of best rates Savings, Money Market, and CD accounts.
Definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.