Available to residents in New York, Five Star Bank is offering up to a 1.35% APY when you open a Money Market account with a minimum opening deposit of $1,000. You must already have a Five Star Bank checking account or open a new one at a local branch by May 31, 2017 to get this special rate. Make sure to maintain balances over $10,000 to ensure that you’re earning the highest 1.35% APY rate. With this account you can earn more for your money while still have access your funds 24/7. As long as you qualify, you can benefit even more from your Five Star Bank accounts. Hurry and sign up for this offer, this rate is only guaranteed until August 31, 2017!
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Five Star Bank Account Info:
- Sign up Offer
- Account Type: Personal Savings
- Interest Rate: 1.35% APY
- Minimum Balance: $10,000
- Maximum Balance: $999,999
- Availability: NY (Bank Locator)
- Expiration Date: 05/31/2017
- Credit Inquiry: Hard pull or soft pull? Let us know
- Opening Deposit: $1,000
- Credit Card Funding: Unknown, let us know
- Direct Deposit Requirement: None
- Monthly Fee: Waive a $15 fee by maintaining an average daily balance of $5,000
- Additional Requirements: See below for more details
- Early Termination Fee: None
- Insured: FDIC
How to Receive Five Star Bank Rates:
- Open a Five Star Bank Basic Banking, TotalValue Checking, TotalValue Safe Checking, TotalValue Senior Checking, TotalValue Plus Checking or a TotalValue Premier Checking account by 5/31/2017. Or have an existing Five Star Bank Consumer Checking or NOW account.
- A $25.00 minimum deposit is required to open any Five Star Bank checking or NOW account.
- Open a new Money Market Account by 05/31/2017 with a minimum deposit of $1,000.
- 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.
- Earn 0.05% APY for balances between $0.01 – $9,999.99
- Earn 1.35% APY for balances between $10,000 – $999,999.99
Why You Should Sign Up For This Account:
- Earn interest while still be able to write checks
- Easily waive fees by already meeting the APY rate’s balance requirement
- Free online and mobile banking to easily make transfers and payments
- Security in your deposits that are insured by the FDIC
Bottom Line:
Check out this offer from Five Star Bank. When you open a Money Market account you can earn up to 1.35% APY! This rate is great for balances over $10,000 which also waives the monthly fee. Five Star Bank will meet your needs by providing this great rate to go with your existing accounts. It’s simple to open online, so check it out before this offer is gone. Let us know how your experience went with this bank and comment below. For more bank offers, see the complete list of Best Bank Rates!
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