Available nationwide, Primis Bank is offering 4.92% APY when you open a their Premium Checking account.
Update 2/16/23: Rate is now down to 4.35% for both checking and savings account. However existing customers will continue to earn the 5.03% rate.
About Primis Bank Premium Checking
Primis is headquartered in Tappahannock and is the 10th largest bank in the state of Virginia. It is also the 360th largest bank in the nation. It was established in 2005 and as of June of 2022, it had grown to 480 employees at 38 locations. Primis’ savings rates are 8X the national average, and it has a B+ health rating.
|Balance Requirement||APY Rate|
Primis Bank High Yield Premium Checking Rate
- Account Type: Premium Checking Account
- Interest Rate: 4.92% APY
- Availability: Nationwide.
- Branches in MD, VA (Locator)
- Minimum Balance: None
- Maximum Balance: None
- Credit inquiry: Soft Pull. ChexSystems inquiry only.
- Opening Deposit: $1 minimum
- Monthly Fees: None
- Early Termination Fee: None listed
Primis Bank ACH Capabilities and Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
|Push||1-day||$30K||100K||You can link up to 10 accounts|
Editor’s Note: I highly recommend to use SoFi or CIT Bank Savings as your HUB account for all ACH transfers.
Important Details for Primis Bank
- Free incoming wires
- No limits on ACH transactions initiated from an external account.
- Free cashier’s checks; free pack of Primis branded checks for checking account.
- You can link accounts manually using routing information.
- You can add beneficiaries on the site.
How to Earn Primis Bank Rate
- Open a new account with a minimum opening deposit of $1.
- 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 4.92% APY on your deposits.
Why You Should Sign Up For This Account
- NO overdraft fees
- FREE ATM use, nationwide
- Debit card rewards: Earn 50 cents for every swipe (except ATM transactions)
- Just $1 to open
- Get your paycheck deposited up to 2 days early.
Check out this offer from Primis Bank and open a Premium Checking 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 Primis Bank Premium Checking Account.
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