Presidential Bank is offering a 2.25% APY Rate. Definitely continue reading below for everything you would need to know about the attractive account and rate!
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Presidential Bank Savings Review
Presidential Bank was opened in 1985, and on October 6, 1995 became the first bank in the United States to offer its services over the internet.
In addition to the rate from Presidential Bank, 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 Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
I’ll review Presidential Bank Money Market Plus Account below.
Presidential Bank Money Market Plus Rate
To earn this rate, just have a minimum balance of $100,000. That’s all it takes and you’ll be able to enjoy the 2.25% APY rate up to $250,000.
- What you’ll get: 2.25% APY
- Eligible account: Money Market Plus Checking
- Credit inquiry: Unknown
- Where it’s available: Nationwide
- Opening Deposit: $100,000 minimum
- Monthly fee: None
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
How to Earn Presidential Bank Rate
- Visit Presidential Bank page and select “Open An Account Today” Tab.
- Enter your full name and email address then check your email for an activation link and instructions on how to access Presidential Bank Portal.
- Log into the Presidential Portal to open your account. Be sure to have the following info handy as they may ask for it: Name, Address, Social Security Number, Date of Birth and Funding Account Information.
- Once your account is funded, enjoy earning 2.25% APY Rate.
| Balance Requirement | APY Rate |
| $100,000 – $250,000 | 2.25% APY |
| $250,000+ | 1.25% APY |
| $0 – $100,000 | 0.25% APY |
Presidential Bank Account Features
- All CD rates may change at any time without prior notice.
- After your CD is opened, the interest rate is fixed for the term unless the One-Time Rate Bump Up option is exercised (if applicable).
- A penalty is imposed for early withdrawal.
- Fees could reduce earnings.
Conclusion
Presidential Bank is offering a great APY Rate for their Money Market Plus Account. Check out the link above for more information on the account. They even compare this rate to other notable bank names. Check out more Savings Rates here on BCS so you can find an account that fits your needs.
Let us know about your experience with this bank and comment below.
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