Available online nationwide, Republic Bank is offering a rate of 4.00% APY when you open a Digital Money Market account.
You can open your Digital Money Market in 5 minutes with one of the most competitive money market rates available. Open your Digital Money Market account today, and experience the Republic Bank advantage for yourself.
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About Republic Bank Digital Money Market
Established in 1964, Republic Bank is a family-owned bank that is dedicated to serving their clients with their financial services. They have grown to 19 locations throughout Chicagoland.
If you’re looking for a money market account with a high interest rate, then Digital Money Market account from Republic Bank is for you. You’ll need to deposit at least $2,500 to open the Digital Money Market Account and maintain that balance to avoid a monthly service charge.
|Balance Requirement||APY Rate|
Republic Bank Digital Money Market Rate
Minimum balance to open and earn stated Annual Percentage Yield (APY) is $2,500.
- Account Type: Digital Money Market Account
- Interest Rate: 4.00% APY
- Availability: Nationwide, online. Except IL, IN, MI, and WI.
- Minimum Balance: $2500
- Maximum Balance: None
- Credit Inquiry: Unknown
- Opening Deposit: $2,500 minimum
- Monthly Fee: Avoid the $25 monthly fee with $2,500+ balance.
- Early Termination Fee: None listed
Interest will be compounded every month and credited to your account every month.
Republic Bank ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
Initial funding ($2.5k min/$25k max) can be done through an ACH (at the end of the online application).
The limit of six transactions per month has been temporarily lifted.
How to Earn Republic Bank Rate
- Open a Digital Money Market account from Republic Bank with minimum deposit of $2,500.
- Input your info – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account – Transfer funds electronically from an internal account here or an external account at another bank.
- Earn 4.00% APY based on your account balance.
Why You Should Sign Up For This Account
- Checking writing is available.
- Unlimited beneficiaries can be designated.
- Opening your account online should only take 5 minutes
- $2,500 minimum deposit to open account
- $2,500 minimum daily balance to earn APY and avoid $25 monthly maintenance fee
- FDIC insured – up to $250,000 per depositor
The Digital Money Market account from Republic Bank is quick and easy to open online. This is a good decision for customers who want a much bigger-than-average return on their money.
If you have any information on this account feel free to share your experiences with this bank by commenting below. For more bank offers, see our complete list of Best Bank Rates.
Check back often to see the latest info on Republic Bank Digital Money Market Account.