Learn about Malvern Bank Senior Checking account here.
FAB&T is offering a staggering 0.67% APY with a minimum balance of $5,000 on their Senior Checking Account.
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About Malvern Bank Senior Checking
Malvern Bank is headquartered in Paoli, Pennsylvania and they were founded in 1887. Since then they have grown to 9 locations and offer money market rates that are 52% higher than the national average.
Continue on to learn more about the Malvern Bank Senior Checking Account below.
Malvern Bank Checking Rate
Residents nationwide can earn this fantastic rate on balances over $5,000. With no minimum deposit, you will be able to enjoy the rate to its full potential!
- What you’ll get: 0.67% APY greater than $5,000
- Eligible Accounts: Senior Checking Account
- Credit Inquiry: Unknown
- Where it’s available: Nationwide Online
- Opening Deposit: None
- Credit Card Funding: Unknown
- Monthly fee: None
American Express® High Yield Savings Account - You earn 0.40% 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.
|Aspiration||1.00% APY + $150 Cash||Review|
|Axos Bank High Yield Savings||Up to 0.61% APY||Review|
|Quontic Bank High Yield Savings||0.55% APY||Review|
|CIT Bank Money Market||0.45% APY||Review|
|American Express High Yield Savings||0.40% APY||Review|
|Discover Bank Online Savings||0.40% APY||Review|
|Axos Business Savings||0.20% APY + $100 Bonus||Review|
How To Earn Up to 0.67% APY Rate
- Open a Senior Checking account from Malvern Bank
- Maintain balance over $5,000 to earn the rate
- Must be at least 50 years of age
|Balance Requirement||APY Rate|
- 1 Box of FREE Checks per year
- Unlimited check writing – no per check charge
- 5 ATM fees waived per month, worldwide.
- STAR® ATM or Visa® Debit Cards available
- Personalized Visa® Debit Cards available
- Malvern CardValet® available
- eStar® @ Home Internet Banking with bill pay and Star Select® Telephone Banking available
- Mobile Banking available
- Purchase Rewards available
- FDIC insured
Alternative Rewards Accounts To Consider
Earn up to 1.25% APY with the Axos Bank Rewards Checking account while enjoying a suite of digital tools for smarter money management. This is banking, redefined.
• Never pay monthly maintenance fees again
• No Need to Keep a Minimum Balance to Avoid Fees
• No Overdraft or Non-Sufficient Fund Fees
• Make Unlimited Withdrawals From Any Domestic ATM for Free
With the Discover Cashback Debit Account:
• Earn 1% cash back on up to $3,000 in debit card purchases each month, which lets you earn up to a total of $360 Debit Card Cashback Bonus per year.
• Anyone can open a Discover Cashback Debit account online
• No monthly fees or monthly balance requirements
• With over 60,000 no-fee ATMs in the U.S., Discover is always nearby.
• Move money easily and securely with just a few clicks or taps (transfers to existing discover accounts are immediate)!
• Manage your account and avoid late fees by paying bills online.
• Deposit checks on the go with your phone or automatically with direct deposit.
Make sure you check out Malvern Bank to learn more about the 0.67% APY promotion. Remember that if your balance is over $30,000, then you will not receive the full benefits of the rewards checking account. Take advantage of this wonderful promotion before it ends!
Lastly, let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Rewards Checking!
Check back often to see the latest info on Malvern Bank Senior Checking Account.