For residents of New Jersey, Clifton Savings Bank is offering an intro rate of 1.75% APY on their Rate Raiser Checking Account. This new account has an “Intro Rate” of 1.75% APY that is guaranteed for first six months following account opening on the entire balance. The minimum opening deposit is $25,000 of new money, which is defined as funds which have not been on deposit at CSBK for the past 6 months. Some features that come along with this checking account would include; free Mobile App with check deposit, online banking, bill pay and e-statements, and many more! Clifton Savings Bank is headquartered in Clifton and is the 19th largest bank in the state of New Jersey.
Clifton Savings Bank Checking Info:
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- Account Type: Rate Raiser Checking Account
- APY Rates: 1.75% APY
- Minimum Balance: $25,000 to earn the intro rate
- Maximum Balance: None
- Availability: NJ (Branch Locator)
- Expiration Date: None
- Credit Inquiry: Unknown, let us know
- Opening Deposit: $25,000
- Credit Card Funding: Unknown, let us know
- Direct Deposit Requirement: None
- Monthly Fee: $20, only if monthly balance requirement of $10,000 is not met
- Additional Requirements: See below for more details
- Closing Account Fee: Cancellation fees may apply. Be sure to speak with your representative.
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 1.75% APY Rate:
- Sign up to Clifton Savings Bank
- Open a Rate Raiser Checking Account
- Have at least $25,000 opening deposit to qualify for the intro rate
- The intro rate of 1.75% APY will be valid for 180 days after your account is open
Note: Post-introductory interest rate is a variable rate set by CSBK and paid on balances of $10,000 or more. Current post introductory rates are as follows: 1.40% APY on balances of $10,000 to $99,999 and 1.60% APY on balances of $100,000 or more.
Why You Should Sign Up For This Account:
- EMV Chip-enabled VISA® Debit Card
- No ATM fees
- No transaction limitations
- No special or added requirements to earn intro rate
- No special or added requirement to earn post-intro rate
Clifton Savings Bank is offering a great intro rate for those of you who live in the Northern New Jersey area and qualify for membership. Feel free to share your experience with this credit union by commenting below. Also, if you have any information whether this is a hard or soft pull, please let us know. For those of you don’t live in the area and can’t get this offer, you can view our entire list of Best Bank Rates for other great options.