Broadway Federal Bank is the highest savings rate in the country with its 4.08% APY. Unlike those special rewards checkings, there is no 10 debit requirements of any sort. However, you must maintain a minimum of $1000 in your account to attain the special rate. More details can be found on its online account page. With rate going down so much, I can’t guarantee you how long it will stay.
The best part is the account is available to people from any state and the rate is the highest in the country. Other than that, there have been a few complaints with its customer services. There is no toll-free number and no banking reps to offer you help. They will do a hard pull and use the ChexSystems also. You must mail in picture ID to prove residence and ACH transfer is very slow. There is also a $10 fee if your balance goes under $1000.
Special Link to Discover More $50 Bonus:
The Discover More card gives you 5% cash back on various categories throughout the year. If you go through this special Discover More Card link, you are qualify to get a $50 bonus after $500 in purchases. This card rarely gives out cash sign up bonus so sign up to day through the special link.
- Earn more cash in more ways than anyone else(SM)*
- Unlimited cash rewards, automatically
- Up to 20% Cashback Bonus® when you shop online*
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- Customer Service in less than a minute, anytime you want
- 0% Intro APR for 12 months on Purchases and Balance TransfersApply Now!