Learn more about the Presidential Bank Advantage Checking account here.
Available nationwide, Presidential Bank is offering 2.25% APY on balances of up to $25,000 when you open a Advantage Checking Account and meet the requirements.
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About Presidential Bank Advantage Checking
Presidential Bank was first organized in 1985. They have operated continuously under the same ownership and management since inception. They take pride in their stability and in nearly 30-year record of home mortgage lending, commercial lending and deposit banking service to members of our local community.
Continue on to learn more about the Presidential Bank Advantage Checking Account below.
Presidential Bank Advantage Checking Rate
Residents nationwide can earn the industry-leading rate on balances up to $25,000. With a$500 minimum deposit, you will be able to enjoy the rate to its full potential!
- What you’ll get: 2.25% APY up to $25,000
- Eligible Accounts: Advantage Checking Account
- Credit Inquiry: Unknown
- Where it’s available: Nationwide (Bank Locator)
- Opening Deposit: $500
- Credit Card Funding: Unknown, let us know
- Monthly fee: None
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.
|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|
|Discover Bank Online Savings||0.40% APY||Review|
|Axos Business Savings||0.20% APY + $100 Bonus||Review|
How To Earn Up to 2.25% APY Rate
- Presidential Bank Advantage Checking offers a $50 bonus and 2.25% APY on balances up to $25,000 when the following requirements are met:
- An electronic monthly deposit of $500.00 or more from payroll, pension, social security, or annuity is required.
- Seven (7) electronic withdrawals per month are required (electronic withdrawals include: ATM, POS, ACH and bill payments).
- Requirements must be met the first 90 days in order to get the $50 bonus.
|Balance Requirement||APY Rate|
- Visa® Debit Card or ATM card available
- ATM surcharge rebates up to $8 per month
- Free Personal Online Banking
- Deposit images online
- Monthly electronic statements (required)
- Free Billpayer
- Email Deposit Notifications required
Alternative Rewards Accounts To Consider
Earn up to 1.25% APY with the Axos Bank Rewards Checking account while enjoying a suite of digital tools for smarter money management. This is banking, redefined.
• Never pay monthly maintenance fees again
• No Need to Keep a Minimum Balance to Avoid Fees
• No Overdraft or Non-Sufficient Fund Fees
• Make Unlimited Withdrawals From Any Domestic ATM for Free
With the Discover Cashback Debit Account:
• Earn 1% cash back on up to $3,000 in debit card purchases each month, which lets you earn up to a total of $360 Debit Card Cashback Bonus per year.
• Anyone can open a Discover Cashback Debit account online
• No monthly fees or monthly balance requirements
• With over 60,000 no-fee ATMs in the U.S., Discover is always nearby.
• Move money easily and securely with just a few clicks or taps (transfers to existing discover accounts are immediate)!
• Manage your account and avoid late fees by paying bills online.
• Deposit checks on the go with your phone or automatically with direct deposit.
Make sure you check out this offer to learn more about the 2.25% APY promotion. Remember that if your balance is over $25,000, then you will not receive the full benefits of the rewards checking account. I highly recommend that you take advantage of this wonderful bonus before it ends as most rewards checking account do not have checking account opening bonuses.
Lastly, let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Rewards Checking!
Check back often to see the latest info on Presidential Bank’s Advantage Checking Account.