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 Personal Savings Account - You earn 1.90% 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||1.90% APY + $200 Cash||Review|
|Simple||2.02% APY + $300 Cash||Review|
|Betterment Everyday Savings||2.38% APY||Review|
|CIT Bank Savings Builder||2.20% APY||Review|
|UFB Direct High Yield Savings||2.25% APY||Review|
|American Express High Yield Savings||1.90% APY||Review|
|Wells Fargo Cash Wise Visa® Card - Earn unlimited 1.5% cashback on purchases plus $150 cash rewards bonus after spending $500 in net purchases in the first 3 months. The Cash Wise Visa is a great card to have especially with the unlimited chances to earn cash back and no annual fees! Learn More|
|Chase Freedom Unlimited® - Earn 3% cash back on all purchases in your first year up to $20,000 spent. After that earn unlimited 1.5% cash back on all purchases. No minimum to redeem for cash back and your Cash Back rewards do not expire as long as your account is open. Plus, there's no annual fee to worry about! Apply Now|
|HSBC Cash Rewards Mastercard® credit card - Earn $150 cash back when you make $2,500 in purchases within the first 3 months of account opening, plus earn unlimited 1.5% cash rewards on purchases. Get the card with a cash back bonus, travel and shopping benefits, and more! Apply Now|