Valley Bank High Yield Savings Review: $1000 Bonus + 3.96% APY (Nationwide)

Valley Bank is offering residents nationwide a 3.96% APY + up to $1000 bonus when you open a High-Yield Savings account powered by Raisin.

Update 9/2/26: You can currently earn up to $1000 bonus through 9/30/26!

• New customer offer: here’s how to earn up to $1,000.
• A smart savings strategy starts with a strong foundation. Sign up with code STACK and deposit $10,000 or more to secure your welcome bonus while earning top rates.
• Earn an extra bonus on top when you split your qualifying total balance between a savings account and a CD.
• Customers will receive a Welcome Bonus of:
  • $40 for depositing between $10,000 and $24,999;
  • $100 for depositing between $25,000 and $49,999;
  • $200 for depositing between $50,000 and $99,999;
  • $425 for depositing between $100,000 and $199,999; and
  • $900 for depositing $200,000 or more.
• Savings + CD Boost: Customers eligible for the Welcome Bonus may earn an additional bonus by opening a product in a second product category. To qualify, customers must deposit at least $1,000 into the secondary product category within 14 days of their initial deposit and maintain balances over $1,000 in both categories through 90 days from the initial deposit date.
• Savings + CD Boost eligibility is determined by your Welcome Bonus tier: customers depositing between;
  • $10,000–$24,999 receive an additional $10;
  • $25,000–$49,999 receive an additional $25;
  • $50,000–$99,999 receive an additional $50;
  • $100,000–$199,999 receive an additional $75; and
  • $200,000 or more receive an additional $100.
• Only funds deposited within 14 days of the initial deposit date and maintained with partner banks on the Raisin platform for 90 days of the initial deposit date will be eligible for the Welcome Bonus and Savings + CD Boost. Bonus cash will be credited directly to your Cash Account within 30 days of meeting all qualifying terms.

Terms:

• New customers only. Earn a cash bonus (the “Welcome Bonus”) when you deposit and maintain funds with partner banks on the Raisin platform. Customers will receive a Welcome Bonus of $40 for depositing between $10,000 and $24,999; $100 for depositing between $25,000 and $49,999; $200 for depositing between $50,000 and $99,999; $425 for depositing between $100,000 and $199,999; and $900 for depositing $200,000 or more. If the Qualifying Deposit balance declines at any time during the maintenance period below the minimum required for a bonus tier, the customer will be placed in the bonus tier corresponding to the lowest Qualifying Deposit balance maintained during that period.
• Savings + CD Boost: Customers eligible for the Welcome Bonus may earn an additional bonus by opening a product in a second product category. To qualify, customers must deposit at least $1,000 into the secondary product category within 14 days of their initial deposit and maintain balances over $1,000 in both categories through 90 days from the initial deposit date.
• For the purposes of this promotion, High-Yield Certificates of Deposit constitute one product category; No-Penalty CDs and Callable CDs constitute a second product category; and Savings Accounts (including Money Market Deposit Accounts, High-Yield Savings Accounts, and Rate Lock Savings Accounts) constitute a third product category. Savings + CD Boost eligibility is determined by your Welcome Bonus tier: customers depositing between $10,000–$24,999 receive an additional $10; $25,000–$49,999 receive an additional $25; $50,000–$99,999 receive an additional $50; $100,000–$199,999 receive an additional $75; and $200,000 or more receive an additional $100.
• The Savings + CD Boost is optional and paid in addition to the Welcome Bonus. To qualify for the Welcome Bonus and Savings + CD Boost, your first deposit must be initiated between September 1, 2026, and September 30, 2026, by 11:59 PM ET, and the promo code STACK must be entered at the time of sign-up. Only funds deposited within 14 days of the initial deposit date and maintained with partner banks on the Raisin platform for 90 days of the initial deposit date will be eligible for the Welcome Bonus and Savings + CD Boost. Bonus cash will be credited directly to your Cash Account within 30 days of meeting all qualifying terms. This offer is available to new customers only, is non-transferable, and may not be combined with any other bonus offers. Raisin may modify or end this offer at any time and may withhold or revoke bonuses in cases of fraud, abuse, or violation of these terms or Raisin’s Terms of Service.

Valley Bank High-Yield Savings

Empowering businesses is the core of Valley Bank’s mission. Working with businesses large and small, Valley Bank helps them bring their goals to fruition. There’s a reason they’re one of the leading commercial banks in the United States with over $61 billion in assets and more than 200 branches across the country.

With a history dating back to 1927, they’ve established themselves a trusted and respected partner not only in commercial banking, but in their communities as well. They’re proud to give back, with initiatives ranging from investments in small business and low-to-moderate income neighborhoods to fostering thousands of employee volunteer hours and millions of dollars in charitable giving.

For Valley Bank, putting their values into action is a priority and their work has a positive impact on their local community.

Valley Bank High-Yield Savings Rate

To easily earn Valley Bank’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

1. Open a new account with a minimum opening deposit of $1.
2. Fill out your personal information – Provide your name, address, phone, email and social security number or Tax ID.
3. Fund the account/transfer funds – Transfer funds electronically from an internal account here or an external account at another bank.
4. Start earning interest from Day 1 of your first deposit with no limit on how much you can earn.

Valley Bank High-Yield Savings Features

• 24/7 online access to funds.
• No fees from Raisin. $1 minimum deposit.

Conclusion

If you’re looking to open an interest bearing account, Valley Bank offers a competitive rate.

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.

• Best Savings/Money Market rates
• Best CD Account rates

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, TD Bank, Huntington Bank, HSBC Bank and many more.