Available nationwide, Banesco BanesGrow Savings is offering a high 1.35% APY Rate. Continue reading below to learn everything you need to know about Banesco.
About Banesco BanesGrow Savings
Founded in 2006, Banesco was founded to offer banking services and solutions to business owners, families, and consumers within the communities they serve.
They aspire to provide personalized care and serve to each and every individual customer to develop the community.
|Balance Requirement||APY Rate|
|$300 – $1M||1.35% APY|
Banesco BanesGrow Savings Rate
You can open Banesco’s savings account with an opening deposit of $100. However, you must have $300 minimum daily balance to earn the APY and avoid the monthly fee.
- Account Type: BanesGrow Saving
- Interest Rate: 1.35% APY
- Minimum Balance: $300
- Maximum Balance: $1M
- Availability: Nationwide
- Credit Inquiry: Unknown
- Opening Deposit: $100 minimum
- Monthly Fee: $300 minimum daily balance to avoid the $5 monthly fee.
- Early Termination Fee: None listed, check with CSR
Banesco ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
No international wires, outgoing and incoming.
Limit of six (6) transfers or payments per statement cycle.
How to Earn Banesco Rate
- Open a BanesGrow Savings account from Banesco with an opening deposit of $100.
- Maintain $300 balance amount and earn the 1.35% APY rate.
Why You Should Sign Up For This Account
- Interest is compounded daily
- FDIC insured up to $250,000
- Only $100 minimum to open
- Earn 1.35% APY rate on $300 or more balance
Check out Banesco and open a BanesGrow Savings account this amazing rate! The fact that you can earn a high rate on any balance makes this Savings Account all worthwhile. Let us know about your experience with this bank and comment below.
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