RBMAX is offering 5.05% APY when you open a High Yield Savings account – available nationwide.
Update 6/13/24: The rate has decreased to 5.05% APY (previously 5.15%).
About RBMAX High Yield Savings
RBMAX is Republic Bank’s national all-digital banking platform. As a division of a $6 billion institution consistently rated as one of the best performing community banks in the country, RBMAX provides account holders the peace of mind that comes with knowing their account is with a Member FDIC bank with the highest possible A+ rating from the Better Business Bureau.
I’ll review the RBMAX High Yield Savings below.
RBMAX High Yield Savings Rate
To easily earn RBMAX’s competitive rate, start by opening a High Yield Savings account.
- Eligible account: High Yield Savings
- Credit inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide
- Opening Deposit: $1
- Monthly fee: None
- Early Termination Fee: Not listed
(FDIC Insured)
How to Earn Rate
- Open a new account with a minimum opening deposit of $1.
- 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+ | 5.05% APY |
Account Features
- FDIC insured. No fees. $1 minimum deposit.
- 24/7 online access to funds.
- Combines the benefits of big banks with the commitment to enhance local communities.
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Conclusion
If you’re looking for a savings account that offers a competitive rate, here’s a great candidate.
Let us know about your experience with this bank and comment below.
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 Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
