Available nationwide, Banesco USA BanesGrow Savings is offering a staggering 1.71% APY Rate. Continue reading below to learn everything you need to know about Banesco USA.
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About Banesco USA BanesGrow Savings
Founded in 2006, Banesco USA 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.
I’ll review Banesco USA Online Savings below.
Note: Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Bank or CIT Bank.
Banesco USA Online Savings 1.71% Rate
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- Account Type: BanesGrow Saving
- Interest Rate: 1.71% APY
- Minimum Balance: None
- Maximum Balance: None
- Availability: Nationwide (Branch Locator)
- Credit Inquiry: Soft pull and Hard Pull
- Opening Deposit: $100 minimum
- Credit Card Funding: Unknown. Let us know.
- Monthly Fee: Amount not specified
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
American Express® High Yield Savings Account - You earn a competitive interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 7 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why: *No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account. *1 to 2 business days ACH transfers speed - With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two. *No loss of interest during transfers - On the day you initiate your transaction on the high yield savings account website, the funds will be reflected in your Current Balance and begin earning interest. Some other features from American Express® High Yield Savings account include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month. |
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Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Axos Bank and CIT Bank accounts offer great rates available nationwide which I recommend. |
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PROMOTIONAL LINK | OFFER | REVIEW |
Discover Bank Online Savings | $200 Bonus + 1.10% APY | Review |
Aspiration | $150 Bonus + 1.00% APY | Review |
CIT Bank Money Market | Amazon Prime($139 value) + 1.00% APY | Review |
Axos Business Savings | $200 Bonus + 0.20% APY | Review |
UFB Money Market Account | 1.66% APY | Review |
UFB Savings | 1.66% APY | Review |
Quontic Bank High Yield Savings | 1.58% APY | Review |
Quontic Bank Money Market | 1.50% APY | Review |
CIT Bank Savings Connect | Up to 1.35% APY | Review |
American Express® High Yield Savings account | 1.00% APY as of 6/29/22 | Review |
Axos Bank High Yield Savings | Up to 0.61% APY | Review |
Banesco USA ACH Capabilities & Limits
ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
Push | ? | ? | ? | None |
Pull | ? | ? | ? | None |
Editor’s Note: Help us with the table above in the comment section if you have experience with Banesco USA’s ACH capabilities.
How to Earn Banesco USA Rate
- Open a BanesGrow Savings account from Banesco USA with an opening deposit of $100.
- Maintain any balance amount and earn the 1.71% APY rate.
Balance Requirement | APY Rate |
$0.01+ | 1.71% APY |
Why You Should Sign Up For This Account
- Interest is compounded daily
- FDIC insured up to $250,000
- Only $100 minimum to open
- Earn 1.71% APY rate on any balance
Bottom Line
Check out Banesco USA 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.
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on Banesco USA Online Savings Account.

Just did an online application for the High Yield Savings Account. They asked for an external bank account, which will fund the account. There was no mention of not being able to do an ACH transfer from my bank to theirs. I hoping that whatever the issue was 3/25/19 that it has been worked out and is now able to go through electronically. It’s now 5/9/19. Won’t know until they verify my information on whether I can invest with them or not.
Banesco hCH is infantile. You can only withdraw, not add, money, and then limited to I believe 2K. They say they are working to do an incoming transfer, but that is not available now (as of 3/25/2019). So you have to send a check or set up an ACH link with an external account and then push from there. Just opened this a couple of months ago, so can’t say too much in general. THey do answer phones and address questions. THat is a start.