If you’re looking for new savings account available nationwide, Bank7 Online Savings Account is offering you 3.50% APY on your money.
Below is all the information you need to open a Bank7 Online Savings Account.
About Bank7
Bank7 is a full-service Oklahoma-based community bank chartered in 1901. In an age of electronic banking transactions and faceless decision-makers, Bank7 believes in customer satisfaction, community support, and knowing your banker.
Bank7 Savings Account
Here is your opportunity to earn a high interest rate on your funds. Open a new Bank7 Savings Account with a minimum opening deposit of $100 to start earning interest today!
- Account Type: Saving Account
- Rate Offer: 3.50% APY Rate
- Availability: Nationwide
- Minimum Balance: $100
- Maximum Balance: $999,999.99
- Credit Inquiry: Soft Pull
- Opening Deposit: $100
- Monthly Fee: $15, if the monthly balance falls under $100
- Early Termination Fee: None listed
(FDIC Insured)
Bank7’s ACH Capabilities & Limits
ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
Push | ? | ? | ? | ? |
Pull | ? | ? | ? | ? |
Bank7 Savings Account Rates
Account Balance | APY |
$0.01 – $999,999.99 | 3.50% APY |
Account Benefits
- Competitive, tiered variable rate of interest
- Interest paid monthly on a minimum daily balance of $100
- $15.00 minimum balance charge per month if daily balance falls below $100
- ATM card (optional) – Cash withdrawals only
- Online Banking
- Mobile Banking with mobile check deposit
- eStatements required for this account (paper statements may be available for a $15.00 quarterly fee)
- Deposits are unlimited; however, debit transactions on Savings Accounts are limited by law. Preauthorized transfers or withdrawals are limited to six total per month. Withdrawals exceeding six per month have a $3.00 fee per withdrawal
- Unlimited withdrawals in person, at ATM, by mail, or by messenger
Author’s Verdict
This is a great opportunity to take advantage of the competitive rate with the Bank7 savings account. You can get this rate for a minimum balance of just $100.
In addition to the current rate from Bank7, 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.
Let us know about your experience with this bank and comment below. For more bank offers, see the complete list of bank rates!
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