Patriot Bank Money Market Deposit Review: $1200 Bonus + 3.85% APY (Nationwide)

Available nationwide, Patriot Bank Money Market Deposit Account is offering a 3.85% APY rate + up to $1200 bonus powered by Raisin.

Update 6/2/26: You can currently earn up to $1200 bonus through 6/30/26!

• Earn up to $1,200 when you sign up and fund your account using code SUMMER26. Earn even more with an extra cash boost when you set your savings on autopilot.
• Claim your welcome bonus. Enter promo code SUMMER26 at sign-up and deposit a total of $10,000 or more within 14 days to secure your base cash bonus and unlock the optional recurring deposit reward.
• Add an extra boost (optional). To earn an additional reward, schedule two or more recurring deposits within your first 90 days. You are eligible for a maximum additional bonus based on your deposit tier, allowing you to choose your matching recurring bonus tier or any tier below it.
  • Deposit $10,000 – $24,999, earns a $50 cash bonus (+$10 bonus boost) = $60 total bonus
  • Deposit $25,000 – $49,999 earns a $125 cash bonus (+$25 bonus boost) = $150 total bonus
  • Deposit $50,000 – $99,999 earns a $250 cash bonus (+$50 bonus boost) = $300 total bonus
  • Deposit $100,000 – $199,999 earns a $500 cash bonus (+$100 bonus boost) = $600 total bonus
  • Deposit $200,000 or more earns a $1,000 cash bonus (+$200 bonus boost) = $1,200 total bonus
• Get rewarded. Maintain your balance for 90 days. Once all promotional requirements are met, your total combined cash bonus will be credited to your account within 30 days.

Terms:

• New customers only. Earn a cash bonus (the “Base Bonus”) when you deposit and maintain funds with partner banks on the Raisin platform. Customers will receive a Base Bonus of $50 for depositing between $10,000 and $24,999; $125 for depositing between $25,000 and $49,999; $250 for depositing between $50,000 and $99,999; $500 for depositing between $100,000 and $199,999; and $1,000 for depositing $200,000 or more.
• Customers may earn an additional bonus by setting up a recurring deposit within 14 days of their initial deposit (the “Recurring Deposit Bonus”). To qualify, the recurring deposit must be established within 14 days of the initial deposit date and it must execute at least two (2) times within 90-days of the initial deposit. Recurring Deposit Bonus eligibility is determined by your Base Bonus tier:
  • Customers depositing between $10,000–$24,999 with aggregate recurring deposits of $100 or greater receive a $10 bonus
  • Customers depositing between $25,000–$49,999 with aggregate recurring deposits of $250 or greater receive a $25 bonus
  • Customers depositing between $50,000–$99,999 with aggregate recurring deposits of $500 or greater receive a $50 bonus
  • Customers depositing between $100,000–$199,999 with aggregate recurring deposits of $1,000 or greater receive a $100 bonus
  • Customers depositing between $200,000+ with aggregate recurring deposits of $2,000 or greater receive a $200 bonus
• Customers are eligible to earn the Recurring Deposit Bonus associated with their Base Bonus tier or any lower Recurring Deposit Bonus tier. For example, a customer with an initial deposit of $200,000 (qualifying for the highest Base Bonus tier) whose aggregate recurring deposits total $500, is eligible for the lower tier and will receive the $50 Recurring Deposit Bonus. However, setting up a recurring deposit greater than your Base Bonus tier’s required threshold will not qualify you for a higher Recurring Deposit Bonus.
• The Recurring Deposit Bonus is paid in addition to the Base Bonus. To qualify for the Base Bonus and Recurring Deposit Bonus, your first deposit must be initiated between June 1, 2026, and June 30, 2026, by 11:59 PM ET, and the promo code SUMMER26 must be entered at the time of sign-up. Only funds deposited within 14 days of the initial deposit date and maintained with partner banks on the Raisin platform for 90 days will be eligible for the Base Bonus. Bonus cash will be credited directly to your Cash Account within 30 days of meeting all qualifying terms. This offer is available to new customers only and may not be combined with any other bonus offers. Raisin may modify or end this offer at any time and may withhold or revoke bonuses in cases of fraud, abuse, or violation of these terms or Raisin’s Terms of Service.

About Patriot Bank Money Market Deposit

Since they opened their doors in 1994, Patriot Bank’s mission has been to serve their local communities by helping their neighbors and neighborhood businesses thrive.

Additionally, they believe a well-connected community is a strong community—and that together, they can accomplish more in less time.

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.

Patriot Bank Money Market Deposit Rate

To earn Patriot Bank’s competitive rate, simply have an opening deposit of $1. That’s all it takes and you’ll get to enjoy earning the rate on all balances.

• Account Type: Money Market Deposit
• Interest Rate: 3.85% APY
• Minimum Balance: None
• Maximum Balance: None
• Availability: Nationwide
• Credit Inquiry: None
• Opening Deposit: $1 minimum
• Credit Card Funding: None
• Monthly Fee: No monthly service fees
• Early Termination Fee: None

(FDIC Insured)

Patriot Bank ACH Capabilities & Limits

Editor’s Note: Help us with the table above in the comment section if you have experience with Patriot Bank’s ACH capabilities.

How To Open An Account At Patriot Bank

1. Click this promotional link here and hit “Start Savings”
2. Create an account by entering your personal information, including your full name and email. Select Continue.
3. Confirm your email address.
4. Input your date of birth, Social Security number and additional contact details. Hit Continue.
5. Review and submit your application.
6. Keep an opening deposit of $1+ to earn the 3.85% APY rate.

Why You Should Sign Up For This Account

• $1 minimum opening deposit
• Tiered rates, meaning the more you save the more interest you can earn
• Easy online account opening process
• Withdrawals can be made at ATMs, Patriot branches, and through online and mobile banking
• You’re not locked in so you can withdraw money as needed
• Link your account to a Patriot Bank checking account or a checking account at another bank for easy transfers

Bottom Line

Check out Patriot Bank and open a Money Market Deposit 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!

Interested in Bank Bonuses? See our favorite banks including U.S. Bank, BMO, Chase Bank, Huntington Bank, TD Bank, or CIT Bank.

Check back often to see the latest info on Patriot Bank Online Savings Account.