Available for residents of Minnesota, Bonanza Valley State Bank is offering a 1.10% APY rate when you open a new Tiered Savings Account. To earn this competitive rate, simply open the account and maintain a minimum balance of $100,000 or more. That’s all it takes to earn this great rate! All you need is a $100 minimum balance to open and the account offers low monthly fees, online banking, mobile banking, and many more. If you are interested and qualify, sign up for an account today!
Table of Contents
Bonanza Valley State Bank Account Info:
- Sign up Offer
- Account Type: Tiered Savings
- Interest Rate: 1.10% APY
- Minimum Balance: $100,000
- Maximum Balance: None
- Availability: MN (Bank Locator)
- Expiration Date: None
- Credit Inquiry: Hard Pull or Soft Pull?, Let us know.
- Opening Deposit: $100
- Credit Card Funding: Unknown. Let us know.
- Direct Deposit Requirement: None
- Monthly Fee: $3, if account balance falls below $100.
- Additional Requirements: Required minimum balance waived for children through 12th grade.
- Early Termination Fee: None
- Insured: FDIC
How to Earn Bonanza Valley State Bank Rates:
- Open a Tiered Savings Account from Bonanza Valley State Bank with a $100 minimum opening deposit.
- Input your info – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account – Transfer funds electronically from an internal account here or an external account at another bank.
- Maintain a minimum balance of $100,000 to earn the 1.10% APY rate.
- Rates are subject to change and are based on the account balance as listed below.
|Balance Requirement||APY Rate|
|$100 to $2,499.99||0.25% APY|
|$2,500 to $9,999.99||0.35% APY|
|$10,000 to $49,999.99||0.60% APY|
|$50,000 to $99,999.99||0.85% APY|
|$100,000 & over||1.10% APY|
Why You Should Sign Up For This Account:
- Low $100 minimum balance to open
- Competitive rates for all balances
- Variable interest rate
- Interest Paid quarterly
- Federally insured by the FDIC
Check out this offer from Bonanza Valley State Bank. When you open a Tiered Savings Account you can earn a 1.10% APY! This rate is great for balances greater than $100,000. The low $100 minimum requirement to open easily waives the $3 monthly fee, leaving you less to worry about. Take advantage of the services they have to offer along with these savings. It takes just minutes online, so open an account today! Let us know about your experience with this bank and comment below. For more bank offers, see the complete list of Best Bank Rates!
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Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 18.74% - 27.49%.
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