Headquarters in Massachusetts, Bank5 Connect is an online-only bank that is available nationwide. Their High-Interest Savings Account is currently offering you 1.50% APY after a $100 minimum balance.
Below is all the information you need to earn 1.50% APY Rates when you open a Bank5 Connect High-Interest Savings Account.
Bank5 Connect High-Interest Savings
To earn this rate, you will need an opening deposit of $100. If you maintain this balance, you will have no cap on your earnings.
- Account Type: High-Interest Savings
- Rate Offer: 1.50% APY Rate
- Availability: Nationwide
- Minimum Balance: $100
- Maximum Balance: $1,000,000
- Credit Inquiry: Unknown
- Credit Funding: Unknown
- Opening Deposit Requirement: $10
- Monthly Service Fee: None
- Early Termination Fees: None listed
(Visit Bank5 Connect for more details)
Account Rates
Balance | APY |
$100+ | 1.50% APY |
Bank5 Connect Account Benefits
- Low minimum- You only need to open your account with $100 to earn at a rate of 1.50% APY.
- FDIC/DIF insured- Your funds will be both DIF and FDIC insured up to the maximum amount of $250,000.
- No monthly maintenance charges- You never have to worry about a monthly fee no matter what the value of your account is.
- Easy access- You can manage your Bank5Connect account funds through an online funds transfer, telephone transfer, or a check request.
- Overdraft Coverage – Link your High-Interest Savings Account to your Bank5 Connect High-Interest Checking Account to cover accidental overdrafts
Author’s Verdict
Bank5 Connect High-Interest Savings Account offers pretty decent rates on your funds at any amount! The account is simple to apply and a great way to earn funds on your excess cash! If this sounds like something you would be interested in, simply open an account and complete the opening deposit requirement.
Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank rates!
In addition to the current rate from Bank5 Connect, you can also take advantage of a range of great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
PROMOTIONAL LINK | OFFER | REVIEW |
HSBC Premier Checking & Savings Member FDIC | Up to $3,000 Cash | Review |
Chase Private Client | $3,000 Cash | Review |
U.S. Bank Business Checking | $900 Cash | Review |
Chase Business Complete Checking® | $300 or $500 Cash | Review |
KeyBank Key Smart Checking® | $300 Cash | Review |
Truist One Checking | $400 Cash | Review |
Chase Total Checking® | $300 Cash | Review |
Chase College CheckingSM | $100 Cash | Review |
J.P. Morgan Self-Directed Investing | Up to $700 Cash | Review |
Chase Secure BankingSM | $100 Cash | Review |
SoFi Checking and Savings Account | $325 Cash | Review |
Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
Huntington Bank Unlimited Business Checking | $400 Cash | Review |
Huntington Bank Business Checking 100 | $100 Cash | Review |
Fifth Third Bank Checking | $400 Cash | Review |
Axos Basic Business Checking | $400 Cash | Review |
Axos Business Interest Checking | $400 Cash | Review |
Axos Bank Business Premium Savings | $375 Cash | Review |
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