Available nationwide, VIO Bank Online Savings is offering a staggering 0.51% APY Rate. Continue reading below to learn everything you need to know about VIO Bank.
Table of Contents
About VIO Bank Online Savings
Vio Bank, an online banking division of MidFirst Bank, operates under MidFirst Bank’s FDIC Certificate and shares its financial history. The bank is one of the five largest privately owned financial institutions in the United States.
Being an online account, they can offer one of the highest rates! The account gives you access to online banking, eStatements, mobile banking, text alerts, and so much more.
I’ll review VIO Bank Online Savings below.
VIO Bank Online Savings 0.51% Rate
- Account Type: High Yield Online Savings
- Interest Rate: 0.51% APY
- Minimum Balance: None
- Maximum Balance: None
- Availability: Nationwide (Online Bank)
- Credit Inquiry: Soft pull, which does not affect your credit
- Opening Deposit: $100 minimum
- Credit Card Funding: Unknown. Let us know.
- Monthly Fee: No monthly service fees
- Early Termination Fee: None listed, check with CSR
American Express® High Yield Savings Account - You earn 0.50% interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 7 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why:
*No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account.
*1 to 2 business days ACH transfers speed - With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two.
*No loss of interest during transfers - On the day you initiate your transaction on the high yield savings account website, the funds will be reflected in your Current Balance and begin earning interest.
Some other features from American Express High Yield Savings Account include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month.
Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Axos Bank and CIT Bank accounts offer great rates available nationwide which I recommend.
|Discover Bank Online Savings||$200 Bonus + 0.50% APY||Review|
|Aspiration||$150 Bonus + 1.00% APY||Review|
|Axos Business Savings||$100 Bonus + 0.20% APY||Review|
|Axos Bank High Yield Savings||Up to 0.61% APY||Review|
|Quontic Bank High Yield Savings||0.55% APY||Review|
|American Express High Yield Savings||0.50% APY||Review|
|CIT Bank Money Market||0.45% APY||Review|
VIO Bank ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
|Push||2-5 days||$5,000||$20,000||5 transfers daily, 999 per calendar month|
|Pull||2-5 days||$5,000||$20,000||5 transfers daily, 999 per calendar month|
Editor’s Note: Help us with the table above in the comment section if you have experience with VIO Bank’s ACH capabilities.
How to Earn VIO Bank Rate
- Open a High Yield Online Savings account from Vio Bank with an opening deposit of $100.
- Maintain any balance amount and earn the 0.51% APY rate.
|Balance Requirement||APY Rate|
Why You Should Sign Up For This Account
- Interest is compounded daily
- FDIC insured up to $250,000
- Only $100 minimum to open
Check out VIO Bank and open a High Yield Online Savings account this amazing rate! The fact that you can earn a high rate on any balance makes this Savings Account all worthwhile. Let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on VIO Bank Online Savings Account.