Available nationwide, My e-BAnC Savings is offering a staggering 2.00% APY Rate. Continue reading below to learn everything you need to know about My e-BAnC.
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About My e-BAnC Savings
My e-BAnC is a division of BAC Florida Bank. With over 45 years of experience, they aspire to continue providing excellent performance to their customers to help them manage their finances.
Being an online account, they can offer one of the highest rates! The account gives you access to online banking, eStatements, mobile banking, text alerts, and so much more.
I’ll review My e-BAnC Savings below.
My e-BAnC Savings Rate
- Account Type: Savings
- Interest Rate: 2.00% APY
- Minimum Balance: $100,000
- Maximum Balance: None
- Availability: Nationwide (Online Bank)
- Credit Inquiry: Soft pull
- Opening Deposit: $25,0000
- Credit Card Funding: Unknown. Let us know.
- Monthly Fee: $15, if balance is less than $25,000
- Early Termination Fee: $50, if closed within 6 months
American Express Personal Savings Account - You earn 1.70% 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 Axos UFB High Yield Savings and CIT Bank Savings Builder accounts offer great rates available nationwide. The Discover Online Savings and Chase SavingsSM account have nice sign-up bonuses.
|Discover Bank Online Savings||1.60% APY + $200 Cash||Review|
|CIT Bank Savings Builder||1.75% APY + $150/$300 Bonus||Review|
|UFB Direct High Yield Savings||1.90% APY||Review|
|Betterment EverydayTM Cash Reserve||1.83% APY||Review|
|American Express High Yield Savings||1.70% APY||Review|
My e-BAnC ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
|Push||?||?||?||Limit of six (6) transactions of preauthorized transfers per calendar month|
Editor’s Note: Help us with the table above in the comment section if you have experience with My e-BAnC’s ACH capabilities.
How to Earn My e-BAnC Rate
- Open a Savings account from My e-BAnC with an opening deposit of $25,000.
- Maintain the $100,000 balance minimum and earn the 2.00% APY rate.
|Balance Requirement||APY Rate|
Why You Should Sign Up For This Account
- Person to Person Transfers
- Interbank Transfers
- Online Banking and Bill Pay
- Mobile Banking and Mobile Check Deposit
Check out My e-BAnC and open a Savings account this amazing rate! The fact that you can earn a high rate on any balance makes this Savings Account all worthwhile. 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 My e-BAnC Savings Account.