NexBank High Yield Savings Review: $1000 Bonus + 4.31% APY (Nationwide)

If you’re looking for a new savings account available nationwide, NexBank High Yields Savings Account is offering you 4.31% APY + up to $1,000 bonus.

Update 8/12/25: The offer has been improved (now up to $1,000 previously $500) and extended through September!

• For a limited time only, you can earn up to a $1,000 bonus. The more you save, the more you earn — new customers can get $75 to $1,000 in bonus cash when they make a qualifying deposit of $10,000 or more with code EASY at sign-up.

Terms:

• New customers only. Earn a cash bonus when you deposit and maintain funds with partner banks on the Raisin platform. Customers will receive $75 for depositing between $10,000 and $24,499, $250 for depositing between $25,000 and $49,999, $500 for depositing between $50,000 and $99,999, and $1,000 for depositing $100,000 or more. To qualify for the bonus, your first deposit must be initiated between August 1, 2025, and September 30, 2025, by 11:59 PM ET, and the promo code EASY must be entered at the time of sign-up. Only funds deposited within 14 days of the initial deposit date and maintained with partner banks on the Raisin platform for 90 days will be eligible for this bonus. Bonus cash will be deposited by Raisin into the customer’s linked external bank account within 30 days of meeting all qualifying terms. This offer is available to new customers only and may not be combined with any other bonus offers. Raisin reserves the right to modify or terminate this offer at any time.

NexBank High Yield Savings Account

Here is your opportunity to earn a a competitive interest rate on your funds. Open a new account and start earning interest and get started today!

• Rate Offer: 4.31% APY Rate
• Availability: Nationwide
• Credit Inquiry: Soft Pull or Hard Pull?
• Credit Funding: None
• Minimum Balance: None
• Maximum Balance: None
• Monthly Fee: None Listed
  
• Early Termination Fee: None

(FDIC Insured)

Account Rates

NexBank Account Benefits

• FDIC insured. No fees. $1 minimum deposit.
• 24/7 online access to funds.
• NexBank gives back to their local communities.

Author’s Verdict

In addition to the current rate from NexBank, 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 thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank rates!