Available for residents nationwide, Franklin Synergy Bank is offering 1.88% APY when you open a Synergy Money Market account. To earn this competitive rate, simply have an opening deposit of $2,500 then just have a minimum daily balance of $250,000 to start earning interest.
That’s all it takes and you’ll get to enjoy earning the 1.88% rate on balances over $250,000. If you are interested and qualify, apply online today! See our Bank Bonuses from HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Franklin Synergy Bank Account Info:
- Direct Link to Offer
- Account Type: Synergy Money Market
- Interest Rate: 1.88% APY
- Minimum Balance: $250,000
- Maximum Balance: $500,000
- Availability: Nationwide
- Expiration Date: None
- Credit Inquiry: Unknown, Let us know
- Opening Deposit: $2,500
- Credit Card Funding: Unknown, Let us know
- Direct Deposit Requirement: None
- Monthly Fee: $15, waived with an average daily balance of $2,500.
- Additional Requirements: See below for details
- Early Termination Fee: None listed
- Insured: FDIC
ACH Capabilities & Limits:
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
Editor’s Note: Help us with the table above in the comment section if you have experience with ACH capabilities.
How to Earn Franklin Synergy Bank Rates:
- Open a Synergy Money Market account from Franklin Synergy Bank with an opening 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.
- Maintain a minimum daily balance of $250,000 to earn interest.
|Balance Requirement||APY Rate|
|$500 – $9,999.99||1.25% APY|
|$10,000 – $49,999.99||1.38% APY|
|$50,000 – $99,999.99||1.50% APY|
|$100,000 – $249,999.99||1.63% APY|
|$250,000 – $499,999.99||1.75% APY|
|$500,000 and over||1.88% APY|
To see the rates from Franklin Synergy Bank’s website, visit their money market page, click on “Apply Online”, scroll down to Synergy Money Market, then click on rates.
Rates are subject to change
Why You Should Sign Up For This Account:
- Tiered interest paid on daily collected balances
- Limited check writing with no transaction charge
- Franklin Synergy Bank Debit Card
- Free e-mail statements
- Free online banking to efficiently make transfers and payments
- FDIC insures your funds so you can have peace of mind
Check out this offer from Franklin Synergy Bank. When you open a Synergy Money Market account you can earn up to a 1.88% APY! This rate is great for balances between $250,000 to $500,000. The opening deposit automatically waives the monthly fee, leaving you less to worry about.
Take advantage of the services they have to offer along with these savings. It takes just minutes online, so open an account today! Let us know about your experience with this bank and comment below. For more bank offers, see the complete list of Best Bank Rates!
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