Available for residents nationwide, Paramount Bank is offering a High-Interest Checking with 0.85% APY.
Continue reading below to learn everything you need to know about Paramount Bank.
About Paramount Bank Online Savings Review
Paramount Bank history started as an independent mortgage company in 1970. Paramount Bank was recently re-imagined and rebuilt by a group of St. Louis investors. The bank’s commitment to deliver market-leading deposit rates, product depth, best-in-class technology, and superior service to help clients meet their financial goals underscores why no two banks are the same.
CDs and IRA CDs are also offered with term lengths ranging from 7 days to 72 months.
They offer a competitive interest rate that, along with its money market account offering, targets consumers looking to maintain liquidity.
I’ll review Paramount Bank High-Interest Checking below.
Paramount Bank Online Savings 0.85% Rate
To earn Paramount Bank competitive rate, simply meet all the requirements. Once you qualify, you will start earning the 0.85% rate.
- Account Type: High-Interest Checking
- Interest Rate: 0.85% APY
- Minimum Balance: None
- Maximum Balance: None
- Availability: Nationwide
- Credit Inquiry: Unknown
- Opening Deposit: $100
- Credit Card Funding: Unknown
- Monthly Fee: None
- Early Termination Fee: None Listed
American Express® High Yield Savings Account - You earn 0.60% interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account 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 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.
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 My Savings Builder||Up to 0.70% APY||Review|
|Axos Bank High Yield Savings||0.61% APY||Review|
|Axos Bank High Yield Money Market||0.60% APY||Review|
|American Express High Yield Savings||0.60% APY||Review|
|CIT Bank Money Market||0.55% APY||Review|
|Discover Bank Online Savings||0.55% APY||Review|
Paramount Bank ACH Capabilities and Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
|Push||?||?||?||Rebates on 2 transactions each month at any ATM in the U.S.|
|Pull||?||?||?||Rebates on 2 transactions each month at any ATM in the U.S.|
How to Earn Paramount Bank Rates
- Open a Paramount Bank High-Interest Checking
- $100 minimum balance required to earn interest
- Click open an account
- Enter your name, address, date of birth and social security number
- Link to your account at another bank
|Balance Requirement||APY Rate|
Why You Should Sign Up For This Account
- Interest is compounded daily to maximize your earnings
- ATM Rebates
- No Fees
- FDIC Insured
Check out this offer from Paramount Bank and open a High-Interest Checking to earn a 0.85% APY rate today! All it takes is to maintain a minimum balance more than zero to earn the APY rate! It’s easy to sign up so hurry before this offer expires!
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on Paramount Bank High-Interest Checking.