Available for residents nationwide, North American Savings Bank is offering 2.02% APY when you open a Money Market account online. To earn this competitive rate, simply have an opening deposit of $1,000 then you must fund the account with $25,000. That’s all it takes and you’ll get to enjoy earning the 2.02% rate on balances up to $1,499,999.99.
You can enjoy features such as competitive interest rates, mobile banking, and so much more! Not only that, the monthly fee is also easily waived by maintaining the daily balance with your opening deposit. If you are interested and qualify, apply online today! Additionally, be sure to check out this promotion as well as other banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Table of Contents
North American Savings Bank Account Info
- Direct Link to Offer
- Account Type: Money Market Account
- Interest Rate: 2.02% APY
- Minimum Balance: $25,000
- Maximum Balance: $1,499,999.99
- Availability: Nationwide (Bank Locator)
- Expiration Date: None
- 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 listed
- Monthly Fee: None
- Additional Requirements: See below
- Early Termination Fee: None listed, check with CSR for more information
- Insured: FDIC
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 North American Savings Bank Rates
- Open a Money Market account from North American Savings Bank with an opening 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.
- Maintain a minimum balance of $50,000 to continue earning high rate
|Balance Requirement||APY Rate|
|$1,000 – $24,999||1.77% APY|
|$25,000 – $49,999||2.02% APY|
|$50,000 – $1,499,999.99||2.02% APY|
Why You Should Sign Up For This Account
- Internet banking and E-Statements
- Financial management tools
- Mobile banking with mobile check deposit
Check out this offer from North American Savings Bank. When you open a Money Market account you can earn a 2.02% APY! This rate is great for balances between $50,000 – $1,499,999.99. The opening deposit automatically waives the monthly fee, leaving you less to worry about. Take advantage of the services they have to offer along with these savings.
If you want to learn more about similar accounts, be sure to check out our list of Best Money Market Rates. It takes just minutes online, so open an account today! Let us know about your experience with this bank and comment below. For more bank offers, see the complete list of Best Bank Rates!
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.
|Discover Bank Online Savings||$200 Bonus + 0.40% APY||Review|
|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|