Available nationwide, Vio Bank is offering a 4.66% APY Rate. Definitely continue reading below for everything you would need to know about the attractive account and rate!
Update 12/24/24: The rate has decreased to 4.66% APY from 4.77%.
Vio Bank Cornerstone Money Market Review
Vio Bank is the online bank division of MidFirst Bank, the largest privately held bank in the United States and an FDIC member. They are supported by a strong heritage and capital foundation as being a division of a $24 billion asset financial institution with excellent ratings from bank-rating firms.
I’ll review Vio Bank Cornerstone Money Market below.
Vio Bank Cornerstone Money Market Rate
- Eligible account: Cornerstone Money Market
- Credit Inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide
- Opening Deposit: $100
- Monthly fee: There are no monthly service fees
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
How to Earn Vio Bank Rate
- Open a Cornerstone Money Market account with $100 opening deposit.
- Maintain any balance amount and earn the 4.66% APY rate.
Balance Requirement | APY Rate |
On all balances | 4.66% APY |
Editor’s Notes:
- After account opening, transfers initiated through the Vio Bank External Transfer Service are limited to $25,000 per day and $100,000 per month.
- Vio Bank doesn’t limit the amount of incoming and outgoing ACH Transfers initiated by a third party transfer service or another financial institution, but such transfers are subject to the Funds Availability Policy in your Account Agreement and under applicable law.
- External Transfers (inbound and outbound combined) are limited to and may not exceed $25,000 per day and per transaction and are limited to and may not exceed $100,000 per calendar month.
- The number of both inbound and outbound External Transfers is limited to five (5) transfers per day and nine hundred and ninety-nine (999) per calendar month.
Vio Bank Account Features
- Flexibility to grow your money and access it when needed
- Convenience of opening online
- They regularly monitor the competition to ensure our rates are some of the best in the nation
- Set up an automatic savings plan by establishing auto transfers
- Interest is compounded daily, growing your money fast
- Your money is FDIC insured up to $250,000
- FDIC insurance information available at fdic.gov/bankfind
- Only $100 minimum to open
- Six free withdrawals per monthly statement cycle
- No monthly fee
Are My Deposits Safe?
Yes, your money is FDIC insured up to $250,000.
Conclusion
Vio Bank is offering a great APY Rate for their Cornerstone Money Market Account. Definitely open an account so you can start saving with a fantastic account while offering a competitive APY Rate.
Let us know about your experience with this bank and comment below.
In addition to the rate from Vio 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.
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