Customers Bank’s Ascent Money Market Savings is no longer available. Check out their High Yield Savings for one of the best rates.
Available for residents nationwide, Customers Bank is offering an Ascent Money Market Savings Account with APY.
Continue reading below to learn everything you need to know about Customers Bank.
Table of Contents
About Customers Bank Money Market Review
Customers Bank is a mid-sized, Pennsylvania-based bank that offers personal and business banking depository, loan products, and services.
Offers a competitive interest rate that, along with its money market account offering, targets consumers looking to maintain liquidity.
I’ll review Customers Bank Ascent Money Market Savings below.
Note: Want to earn big bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA or CIT Bank.
Customers Bank Money Market Rate
- Account Type: Ascent Money Market Savings Account
- Interest Rate: APY
- Minimum Balance: $25,000
- Maximum Balance: None
- Availability: Nationwide
- Credit Inquiry: Soft Pull
- Opening Deposit: $25,000
- Credit Card Funding: Unknown
- Monthly Fee: None
- Early Termination Fee: Account will close 30 days after opening if not funded
(FDIC Insured)
American Express Personal Savings Account - You earn 1.60% 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. |
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Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The UFB High Yield Savings and CIT Bank Savings Builder accounts offer great rates available nationwide. The Discover Online Savings has a nice sign-up bonus plus great rate. |
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| PROMOTIONAL LINK | RATE | REVIEW |
| Discover Bank Online Savings | 1.50% APY + $200 Cash | Review |
| CIT Bank Savings Builder | 1.70% APY + $150/$300 Bonus | Review |
| CIT Bank Money Market | 1.75% APY | Review |
| UFB Direct High Yield Savings | 1.70% APY | Review |
| American Express High Yield Savings | 1.60% APY | Review |
| Simple | 1.55% APY | Review |
Customers Bank ACH Capabilities and Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | $5,000 | $50,000 | 6 transfers per cycle |
| Pull | ? | $5,000 | $50,000 | 6 transfers per cycle |
How to Earn Customers Bank Rates
- Open an Ascent Money Market Savings account from Customers Bank with a deposit of $25,000.
- Maintain a minimum balance of $25,000 to earn the APY rate.
| Balance Requirement | APY Rate |
| $25,000 | APY |
| $0-$24,999 | 0.00% APY |
Why You Should Sign Up For This Account
- Online and Mobile Banking
- No maximum balance
- FDIC Insured
- APY is guaranteed as of 1/1/2020
- Up to 6 withdrawals per month
Bottom Line
Check out this offer from Customers Bank and open an Ascent Money Market Savings Account to earn a APY rate today! All it takes is to maintain a $25,000 minimum balance 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 Customers Bank Ascent Money Market Savings Account.
I confirmed with them by phone after trying to sign up online and being denied that their money market account is NOT available nationwide. I am resident in Hawaii and they do not allow customers from that state. All others please do your due diligence.
I called in asking about this: “Editor’s Note #1: CSR confirmed that only $5,000 per day and $50,000 per month limit for withdrawals apply EVEN for externally initiated ACH’s”
Today, 8/24, was told the limits do not apply from externally initiated ACH transfers, only internal. For external, CSR said they will “follow the banking methods” of that external bank.
$250,000 deposit. To withdrawn limited to 6 transactions per month. $5,000 per witdrawl= $30,000 per month or 9 months to withdraw $250,000. I asked about opening a checking account. Was told can’t open online. They should be required to disclose all this info.
On 9/20 I initiated an ACH transfers from my OTHER bank for 25000.00. It is NOT $5,000 per day and $50,000 per month limit for withdrawals from externally initiated ACH’s, It is the “banking methods” of your external bank. My external Bank is Capital One 360 and they allow 1 penny less then a million…$999,999.99
Rich…… You need to Initiate the withdraw from your OTHER bank, one of your banks that is set up for ACH transfers with Customers Bank if you don’t have one call customer service and they will walk you through it, I did and it was not a problem, I transferred $25,000.00 and then 6 days after that transfer, I transferred $135,000.00, any questions get back with me.