Available nationwide, Poppy Bank is offering 4.75% APY when you open their Premier Online Savings account.
Update 12/4/24: The rate has decreased to 4.75% APY from 5.00%.
Editor’s Note: The promotional Annual Percentage Yield is accurate as of December 7, 2023, is only available when applying online, and is guaranteed for one hundred eighty (180) days from the date the account is opened, after which it is subject to change without notice.
About Poppy Bank Premier Online Savings
Poppy Bank is headquartered in SANTA ROSA and is the 20th largest bank in the state of California. It is also the 248th largest bank in the nation. It was established in 2005 and as of September of 2023, it had grown to 208 employees at 25 locations. Poppy Bank’s savings rates are 11X the national average, and it has an A health rating
I’ll review the Poppy Bank Premier Online Savings account below.
Poppy Bank Premier Online Savings Rate
To easily earn Poppy Bank’s competitive rate, start by opening a Savings account.
- Eligible account: Savings
- Credit inquiry: Hard Pull or Soft Pull? Let us know.
- Where it’s available: Nationwide through online application
- Opening Deposit: $1,000
- Monthly fee: None
- Early Termination Fee: Not listed
(FDIC Insured)
How to Earn Rate
- Open a new 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.
- Earn 4.75% APY on your deposits.
| Balance Requirement | APY Rate |
| $1,000+ | 4.75% APY |
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Conclusion
If you’re looking to open an interest bearing account, Poppy Bank offers a competitive rate.
In addition to the rate, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers.
Some popular bank offers include U.S. Bank, Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
Let us know about your experience with this bank and comment below.
