Available for residents nationwide, MySavingsDirect offers 1.00% APY when you open a MySavings account.
The account has no fees and no minimum requirement. Open your high interest savings account online. Access your high yield savings account 24/7 at MySavingsDirect.com.
Table of Contents
About MySavingsDirect MySavings
MySavingsDirect is FDIC insured with Emigrant Savings Bank and helps provide fantastic APY rates when you open an account, as well as great services and features.
With such great Online Savings rates you can earn big! The account gives you access to online banking, eStatements, mobile banking, text alerts, and so much more.
| Balance Requirement | APY Rate |
| None | 1.00% APY |
MySavingsDirect MySavings Rate
- Account Type: MySavings Account
- Interest Rate: 1.00% APY
- Minimum Balance: None
- Maximum Balance: None
- Availability: Nationwide
- Credit Inquiry: Soft pull
- Opening Deposit: None
- Monthly Fee: None
- Early Termination Fee: None
(FDIC Insured)
MySavingsDirect ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | 1 day | $500K | ? | Limited to 2 linked accounts for withdrawal |
| Pull | 1 day | $500K | ? |
How to Earn MySavingsDirect Rate
- Open a MySavings account
- Input your info – Provide your name, address, phone, email and social security number
- Fund the account – Transfer funds electronically from an internal or external account
- Earn 1.00% APY no matter what balance
Why You Should Sign Up For This Account
- Save more with this leading rate among other banks
- No service fees or minimum balances to worry about
- Easily open your account online and follow the requirements
- Keep your current checking account and have it linked to the MySavings account
- Manage your high yield savings account anytime
Bottom Line
All in all, the current promotional rate from MySavingsDirect is a great choice for those looking to earn a higher APY rate than that of the national average, while still having the freedom of choosing how much you would like to deposit into your new account.
Interested in Bank Bonuses? See our favorite banks including U.S. Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on MySavingsDirect MySavings Account.
APY is 2.40% today.
Thank you for providing the update!
APY is now 1.10%.
Offering 1.25% as of 8/5/15. Not a bad rate. When you call, you get a live person. Website is Secure and you can choose to add extra security.
In the process of setting up an account now. This bank so far seems outstanding. They have the highest savings rate in the U.S for an online bank, and when you call, you get a live person!
Their interest rate has not dropped below 1 % so far. As of today, September 30, 2014, the APY is 1.05%.