Available nationwide, Home Loan Investment Bank is offering a 0.50% APY Rate.
Continue reading below to learn everything you need to know about Home Loan Investment Bank.
Table of Contents
About Home Loan Investment Bank Savings
Home Loan Investment Bank is headquartered in Warwick, Rhode Island and was founded in 1979. Since then they have grown to 3 locations and offer savings rates that are 4X the national average.
The account provided customers with competitive home equity loans, knowledgeable advice, financial guidance, and so much more.
I’ll review Home Loan Investment Bank below.
Home Loan Investment Bank Savings 0.50% Rate
- Account Type: Premier Savings Account
- Interest Rate: 0.50% APY
- Minimum Balance: $50,000
- Maximum Balance: None
- Availability: MA, RI
- Credit Inquiry: Unknown
- Opening Deposit: $50,000
- Credit Card Funding: Unknown. Let us know.
- Monthly Fee: No Monthly Fee
- Early Termination Fee: None listed, check with CSR
American Express® High Yield Savings Account - You earn a competitive interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 7 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.
|Discover Bank Online Savings||$200 Bonus + 0.60% APY||Review|
|Aspiration||$150 Bonus + 1.00% APY||Review|
|Axos Business Savings||$200 Bonus + 0.20% APY||Review|
|Quontic Bank High Yield Savings||0.75% APY||Review|
|Axos Bank High Yield Savings||Up to 0.61% APY||Review|
|CIT Bank Money Market||0.70% APY + Amazon Prime Offer||Review|
|American Express High Yield Savings||0.60% APY as of 4/28/22||Review|
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 ACH capabilities.
How to Earn Home Loan Investment Bank Rates:
- Open a Premier Savings Account with an opening deposit of $50,000 or more.
- Meet the following requirements to start earning your 0.50% APY rate:
- Maintain a balance of $50,000 or more to earn the rate.
|Balance Requirement||APY Rate|
|$50,000 +||0.50% APY|
Why You Should Sign Up For This Account:
- Member of the FDIC
- Monthly requirement is simple and easy to meet
- There is no maximum balance
- Online Banking/Bill Pay
- Mobile Banking
- Free Debit Card
- Wire Transfers
- Direct Deposits
Check out this offer from Home Loan Investment Bank. When you open a Premier Savings Account you can earn a 0.50% APY! This rate is great for balances $50,000 and above. Be sure to take advantage of the services they have to offer along with these savings. 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 Home Loan Investment Bank Savings.