Available to many states, Beal Bank USA Money Market is offering a staggering 0.91% APY Rate. Continue reading below to learn everything you need to know about Beal Bank USA.
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About Beal Bank USA Money Market
Beal Bank USA has operating since 2004 to provide financial strength and stability to their customers. Their core service is offering competitive rates through a variety of savings products.
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 Beal Bank USA below.
Beal Bank USA Money Market 0.91% Rate
To earn Beal Bank USA’s competitive rate, simply have an opening deposit of $1,000. That’s all it takes and you’ll get to enjoy earning the 0.91% rate on all balances.
- Account Type: Money Market
- Interest Rate: 0.91% APY
- Minimum Balance: $25,000
- Maximum Balance: None
- Credit Inquiry: Hard pull or soft pull? Let us know
- Opening Deposit: $1,000
- Credit Card Funding: Unknown. Let us know.
- Monthly Fee: None Listed
- Additional Requirements: A $25,000 minimum balance is required in order to obtain the highest disclosed APY rate.
- Early Termination Fee: $15 if closed within 6 months of opening
American Express Personal Savings Account - You earn 1.00% interest rate along with no minimum deposits or monthly fees. Amex Personal Savings has been my favorite Hub account for the past 5 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 Personal Savings website, the funds will be reflected in your Current Balance and begin earning interest.
Some other features from American Express Personal Savings include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month.
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.
|Chase SavingsSM||$150 Cash||Review|
|Axos Bank High Yield Savings||1.10% APY||Review|
|American Express High Yield Savings||1.00% APY||Review|
|CIT Bank Money Market||1.00% APY||Review|
|Axos Bank Money Market Plus||1.00% APY||Review|
|CIT Bank Savings Builder||0.95% APY||Review|
|Discover Bank Online Savings||0.95% APY||Review|
Beal Bank USA ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
Editor’s Note: Help us with the table above in the comment section if you have experience with Beal Bank USA’s ACH capabilities.
How to Earn Beal Bank USA Rate
- Open a Money Market account from Beal Bank USA with an opening deposit of $1,000.
- Maintain any balance amount and earn the 0.91% APY rate.
|Balance Requirement||APY Rate|
|$0.00 – $999||0.00% APY|
|$1,000- $24,999||0.25% APY|
Why You Should Sign Up For This Account
- Interest is compounded daily
- FDIC insured up to $250,000
- Only $1,000 minimum to open
Check out Beal Bank USA and open a Money Market 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 Beal Bank USA Account.