Wakefield Co-operative Bank is offering a great 1.25% APY rate for qualifying residents in Massachusetts whenever they open a new Platinum Money Market Account! As long as customers maintain a minimum balance of $100,000, they will be able to earn the 1.25% APY rate! Keep in mind that the maximum balance on the account is $300,000. The account is a great way to maximize your savings while also having access to many benefits such as their products and services. Head on over to your nearest branch to find out more about this offer!
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Wakefield Co-operative Bank Savings Account Summary:
- Apply Now
- Account Type: Platinum Money Market Account
- Rate: 1.25% APY
- Availability: MA (Branch Locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Direct Deposit Requirement: None
- Additional Requirements: See Below
- Avoid Monthly Fee: None
- Early Termination Fee: None
Wakefield Co-operative Bank Savings Account Requirements:
- Open a new Platinum Money Market Account with no minimum opening deposit.
- Maintain a minimum balance of at least $100,000 and a maximum balance of $300,000 to earn the 1.25% APY rate.
- Accounts with balances from $0 to $99,999 will earn an APY rate of 0.5%
- Rates are effective as of September 1, 2017.
Wakefield Co-operative Bank Savings Fine Print:
- The APYs will be variable and subject to change at any time.
- Fees may reduce earnings.
- Minimum to open account is $25,000 (new money).
- Maximum $3,000,000 per customer in these accounts.
Conclusion:
Wakefield Co-operative Bank has a great 1.25% APY rate on their Platinum Money Market Account! Account holders will be able to maximize their savings and earn higher returns upon meeting the account requirements. Remember to keep in mind that the 1.25% rate is only applicable for account balances of at least $100,000 and must not reach over $300,000. However, if you’re not interested in this offer check out our Best Bank Rates for savings accounts and more!
