Available for residents of DC, Virginia, and Maryland, Sandy Spring Bank is offering a 1.70% APY when you open a Premier Money Market Savings account. To earn this competitive rate, simply make an opening deposit of at least $10,000 and then you will be guaranteed your 1.70% APY rate for 6 months. Keep in mind that after the 6 month period is up, you’ll be subject to the regular rates which is shown below. With this account, you will enjoy a no maximum balance restriction and FDIC coverage. So if you are interested and qualify, apply online today!
Table of Contents
Sandy Spring Bank Account Info:
- Sign up Offer
- Account Type: Premier Money Market Savings
- Interest Rate: 1.70% APY
- Minimum Balance: $10,000 (only guaranteed for the 6 month period)
- Maximum Balance: None
- Availability: DC, MD, VA (Bank Locator)
- Expiration Date: None listed
- Credit Inquiry: Soft Pull
- Opening Deposit: $10,000
- Credit Card Funding: Up to $250
- Direct Deposit Requirement: None
- Monthly Fee: None listed
- Additional Requirements: You must keep the account in good standing.
- Early Termination Fee: None listed
- Insured: FDIC
Earn Sandy Spring Bank Rates:
- Open a Premier Money Market Savings account with a $10,000 opening deposit from Sandy Spring Bank.
- Input your info – Provide your name, address, phone, email and social security number or Tax ID.
- Earn a rate of 1.70% APY with your initial deposit amount ($10,000), which is only guaranteed for 6 months, after that the regular rates will apply (shown below)!
Balance Requirement | APY Rate |
$.01 up to $9,999.99 | 0.00% |
$10,000 up to $24,999.99 | .05% |
$25,000 up to $49,999.99 | 0.34% |
$50,000 up to $99,999.99 | 0.68% |
$100,000 up to $249,999.99 | 1.02% |
$250,000 and above | 1.36% |
*Rates accurate as of 05/22/2018
Why You Should Sign Up For This Account:
- Guaranteed rate for the first 6 months
- Interest is compounded daily
- Combine your checking and savings accounts into a single statement
- Free access to your account at more than 55,000 ATMs in the Allpoint network
- FDIC Insured
Bottom Line:
Check out this offer from Sandy Spring Bank. When you open a Premier Money Market Savings account you can earn a 1.70% APY which is guaranteed for 6 months. All you have to do is make an opening deposit of $10,000 and then you’ll be on your way! Also, if you have any experiences with this bank then leave us a comment letting us know how it went for you! Your feedback makes our site even better. For more bank offers, see the complete list of Best Bank Rates!
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