Available nationwide, Comenity Direct is offering a rate of 1.70% APY when you open a High Yield Savings Account. Continue reading below to learn everything you need to know about Comenity Direct.
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About Comenity Direct High Yield Savings
Comenity Direct strives, every day, to create a customer experience worthy of your business. Comenity has been helping people get more for their money since we introduced our first credit card in 1986.
When you open an account with Comenity Direct, you can sleep easy knowing your deposits are Member FDIC.
I’ll review Comenity Direct High Yield Savings Account below.
Comenity Direct High Yield Savings 1.70% Rate
- Account Type: High Yield Savings Account
- Interest Rate: 1.70% APY
- Availability: Nationwide
- Minimum Balance: $1
- Maximum Balance: $10 Million
- Credit Inquiry: None
- Opening Deposit: $100
- Credit Card Funding: None
- Direct Deposit Requirement: None
- Monthly Fee: None
- Early Termination Fee: Unknown
American Express Personal Savings Account - You earn 1.30% 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 Comenity Direct Savings and HSBC Direct Savings accounts offer great rates available nationwide which I recommend.
|UFB Direct High Yield Savings||1.61% APY||Review|
|CIT Bank Money Market||1.30% APY||Review|
|American Express High Yield Savings||1.30% APY||Review|
|CIT Bank Savings Builder||1.25% APY||Review|
|Huntington Bank Relationship Money Market Account||1.25% APY||Review|
|Discover Bank Online Savings||1.15% APY||Review|
Comenity Direct 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 Comenity Direct’s ACH capabilities.
How to Earn Comenity Direct Rate
- Open a High Yield Savings account from Comenity Direct with a minimum opening deposit of $100.
- Earn 1.70% APY for balances of $1 and up to $10 million.
|Balance Requirement||APY Rate|
|$1 – $10,000,000||1.70% APY|
Why You Should Sign Up For This Account
- Maintain a low balance to start off earning 1.70% APY
- Receive high earnings without paying back in monthly fees
- All deposits are Member FDIC to the maximum amount allowed by the law
For those of you looking for a savings account with a high APY rate, look no further as Comenity Direct High Yield Savings Account offers a 1.70% APY Rate. The High Yield Savings Account comes with no fees and is based online so you can keep track of your money at anytime.
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 Comenity Direct Online Savings Account.