Bridgeview Bank Pennywise Savings Account earns 5.00% APY on change deposits up to $3,000 maximum balance. This is a coin-only personal savings account. This is the first coin-only account I have seen where you can deposit pennies and earn dollars. All you need to do is deposit your loose change into this coin-only savings account and you will earn 5.00% APY on total deposits up to $3,000. Must be an Illinois resident to open this account.
Bridgeview Bank Pennywise Savings Account Summary
- Account Type: Pennywise Savings Account
- Interest Rate: 5.00% APY
- Maximum Balance: $3,000
- Availability: Illinois (Bank Locator)
- Expiration Date: None
- Credit Inquiry: Hard pull or soft pull? Let us know
- Opening Deposit: $.01
- Credit Card Funding: Unknown
- Direct Deposit Requirement: No
- Monthly Fee: No
- ATM Refunds: No
- Additional Requirements: Must be an Illinois resident to open this account
- Closing Account Fee: Cancellation fees may apply. Be sure to speak with your representative.
Application Link
Bridgeview Bank Pennywise Savings Account – Must be an Illinois resident to open this account.
How To Earn 5.00% APY :
- Sign up for the Bridgeview Bank Pennywise Savings Account to earn 5.00% APY for up to $3,000.
- Deposit loose change into account.
Author’s Verdict
The Pennywise Personal Savings account is a great account for a child trying to save money, or anyone who normally saves their change in a bucket at home. This coin-only account can turn your loose change into big earnings with the extremely high APY. Do not let your coins just sit at home and earn nothing, when you can put it in this account and earn money. If you have had any experiences with this bank, please let us know in the comment section below. For more reward checking accounts, you can check out our entire list of Best Reward Checking Accounts.
They have great customer service at this bank, in addition to the high interest rate and ability to withdraw money if it’s needed. They also raised the limit on the Pennywise account to $5,000. The only downside to the entire situation is having to go, in person, to the bank, which has limited hours (at my branch M-F 9 – 5; Sat 9 – 12).