Available to every resident across the nation looking to earn a generous rate this season, Salem Five is currently offering residents an attractive 1.75% APY when you sign up and open a new Gold Star Money Market Account. For those who are not familiar with this current offer, the bank is offering you a chance to earn the rate on a balance up to $1,000,000. Simply provide a minimum opening deposit of $10 if you visit a branch or a $100 opening deposit if you apply online. Once you have done so, you will be able to enjoy great account features such as a online banking, mobile banking, and so much more! For those who are currently interested, be sure to apply as soon as you can for your new banking experience!
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Salem Five Summary:
- Apply Now
- Availability: Nationwide (Branch Locator)
- Expiration Date: None
- Soft/Hard Pull: Hard Pull
- Credit Card Funding: No credit card funding
- Direct Deposit: None listed
- Additional Requirements: See below
- Avoid Monthly Fee: None
- Early Termination Fee: None listed
Salem Five Requirements:
- Provide a $10 opening deposit in person OR
- Provide $100 opening deposit online.
Salem Five Features:
- Interest is compounded and credited monthly
- 1.75% APY on balances up to $1,000,000
- No minimum balance to earn rewards
- Online banking
- Mobile banking
- eStatements
- $10 minimum deposit to open in person
- No monthly service fees
- Insured by FDIC
Conclusion:
If you would like to start a new banking experience, then the current promotion from Salem Five is the one for you! Unlike your typical promotion, the bank does not offer bank bonuses. However, they do offer a generous APY rate on account. Once you have met the requirements, you will be able to enjoy all the great features and benefits that comes with your new banking experience! However, if you are not currently interested, then be sure to check out our list of Best Reward Checking Accounts for more information!
