Bank5 Connect High-Interest Savings Review: 0.40% APY (Nationwide)

Available nationwide, Bank5 Connect High-Interest Savings is offering a staggering 0.40% APY Rate. Continue reading below to learn everything you need to know about Bank5 Connect.

About Bank5 Connect High-Interest Savings

Bank5 Connect, a banking division of BankFive is an online-only bank, which means there are no physical locations available. They are based in Massachusetts and have been serving their communities for more than 160 years.

Being an online account, they can offer one of the highest rates! The account gives you access to online banking, eStatements, mobile banking, text alerts, and so much more.

I’ll review Bank5 Connect High-Interest 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.

Bank5 Connect High-Interest Savings 0.40% Rate

To earn Bank5 Connect’s competitive rate, simply have an opening deposit of $10. That’s all it takes and you’ll get to enjoy earning the 0.40% rate on all balances.

• Account Type: High-Interest Savings Account
• Interest Rate: 0.40%
• Minimum Balance: $100
• Maximum Balance: None
• Credit Inquiry: Hard pull
• Opening Deposit: $10
• Credit Card Funding: Unknown, let us know
• Direct Deposit Requirement: None
  
• Monthly Fee: None
  
• Early Termination Fee: None

(FDIC Insured)

Bank5 Connect ACH Capabilities & Limits

Editor’s Note: Help us with the table above in the comment section if you have experience with Bank5 Connect’s ACH capabilities.

How to Earn Bank5 Connect Rate

1. Open a High-Interest Savings account from Bank5 Connect with an opening deposit of $10.
2. Maintain a $100 balance amount and earn the 0.40% APY rate.

Why You Should Sign Up For This Account

• Free Online Banking and eStatements
• Free Mobile Banking
• Savings can be used to cover overdrafts of checking account

Bottom Line

Check out Bank5 Connect and open a High-Interest 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 Bank5 Connect High-Interest Savings Account.

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