Available nationwide, Poppy Bank is offering 4.25% APY when you open their Premier Online Savings Account.
Update 6/2/25: The rate has decreased to 4.25% APY from 4.50%.
Editor’s Note: The promotional Annual Percentage Yield is accurate as of December 7, 2023, is only available when applying online, and is guaranteed for one hundred eighty (180) days from the date the account is opened, after which it is subject to change without notice.
About Poppy Bank Premier Online Savings
Poppy Bank is headquartered in SANTA ROSA and is the 20th largest bank in the state of California. It is also the 248th largest bank in the nation. It was established in 2005 and as of September of 2023, it had grown to 208 employees at 25 locations. Poppy Bank’s savings rates are 11X the national average, and it has an A health rating
| Balance Requirement | APY Rate |
| $1,000+ | 4.25% APY |
Poppy Bank Premier Online Savings Account Rate
- Account Type: Premier Online Savings
- Interest Rate: 4.25% APY
- Availability: Nationwide through online application
- Minimum Balance: $1,000
- Maximum Balance: None
- Credit inquiry: Hard Pull or Soft Pull? Let us know.
- Opening Deposit: None
- Monthly Fees: None
- Early Termination Fee: None
(FDIC Insured)
Poppy Bank ACH Capabilities and Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | ? | ? | |
| Pull | ? | ? | ? |
Editor’s Note: Still many unknowns for ACH Limits from Poppy Bank. I highly recommend to use SoFi or CIT Bank Savings as your HUB account for all ACH transfers.
How to Earn Rate
- Open a new account.
- Fill out your personal information – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account/transfer funds – Transfer funds electronically from an internal account here or an external account at another bank.
- Earn 4.25% APY on your deposits.
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Bottom Line
Check out this offer from Poppy Bank and open an savings account to earn the high rate today!
Interested in Bank Bonuses? See our favorite banks including U.S. Bank, HSBC 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 Poppy Bank Premier Online Savings Account.
I see and thanks for the explanation.
Hello Ming, thank you for being a reader!
It is because this promotion is only available at the Menlo Park and Milpitas Branches only via direct contact with a CSR, so it is not publicly posted onto the tables.
I can not find the saving account with 2.5% APY on their website except 12-month CD with 2.5%.