Available nationwide, Patriot Bank Online Money Market is offering an attractive 2.00% APY rate. Continue reading below to learn everything you need to know about Patriot Bank.
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About Patriot Bank Online Money Market
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.
I’ll review Patriot Bank Online Money Market below.
Patriot Bank Online Money Market 2.00% Rate
- Account Type: Online Money Market
- Interest Rate: 2.00% APY
- Minimum Balance: None
- Maximum Balance: None
- Availability: Nationwide (Excluding Connecticut and New York)
- Credit Inquiry: Soft pull, which does not affect your credit
- Opening Deposit: $100 minimum
- Credit Card Funding: Unknown. Let us know.
- Monthly Fee: No monthly service fees
- Early Termination Fee: If closed within 90 days of opening, there is a $25 early closure fee.
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 + $100/$200 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|
Patriot Bank 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 Patriot Bank’s ACH capabilities.
How to Earn Patriot Bank Rate
- Open an Online Money Market account from Patriot Bank with an opening deposit of $100.
- Maintain any balance amount and earn the 2.00% APY rate.
|Balance Requirement||APY Rate|
Why You Should Sign Up For This Account
- Direct Deposits
- No Fees
- Account Alerts
- Mobile Deposit
- Online Banking
Check out Patriot Bank and open a Online Money Market 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 Patriot Bank Online Savings Account.