National Bank of NYC is offering residents of New York a generous 1.60% APY when you sign up and open a new Money Market Account. For those who are interested, all you would need to do is have a minimum opening balance of $25,000 into your new membership account. Not only will you receive the rate, but you will receive the same rate on any amount above the initial $25,000! Once you have met the deposit requirement, you will receive a generous 1.60% APY rate as well as a wide selection of features to better your banking experience. If you would like to simplify your experience, then definitely head on over to your local branch and start today! However, you better act fast, as the rates are subjected to change.
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National Bank of NYC Account Summary:
- Apply Now
- Account Type: Money Market Account
- Rate: 1.60% 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: None
- Early Termination Fee: None
National Bank of NYC Requirements:
- Earn 1.60% APY on balances of $25,000 and over.
- Rates may change at any time
National Bank of NYC Fine Print:
- Rates are accurate as of July 3, 2018 and are subject to change without notice.
- You must maintain a balance for entire statement cycle for interest to be paid.
- Balances less than $2,500 do not earn interest.
- Average monthly balances less than $5,000 are subject to service charges.
- Service charges could reduce earnings on account.
National Bank of NYC Account Features:
- Online banking
- Online bill pay
- Telephone banking
- eStatements
- FDIC insured
Conclusion:
If you are a current resident of New York and would like to start a new banking experience, then I would definitely recommend checking out the current promotion National Bank of NYC is offering. For a limited time, simply meet the opening deposit requirement and you could be well on your way to enjoying the 1.60% APY rate. Additionally, you will be able to utilize a host of account features. However, this account is limited geographically. If you qualify, this might 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!
