If you’re looking for a new savings account available nationwide, PenFed Credit Union Online Savings is offering you 2.30% APY on your funds.
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PenFed Credit Union Online Savings
- Availability: Nationwide
- Credit Inquiry: Unknown
- Credit Funding: $100
- Monthly Fee: None
- Early Termination Fee: None listed
PenFed Credit Union Account Benefits
- No monthly fees
- Free online transfers
- Very competitive rate
- Higher APY because they are a not-for-profit, they are able to offer higher yields
- NCUA insurance up to the maximum of $250,000 allowed by law
- $5 minimum opening deposit
We’ve all heard of PenFed Credit Union so you know this is a reputable bank. Let us know if you have any info regarding if this account incurs a hard or soft pull. If you’re unfamiliar with what hard pull and soft pulls are and how it can affect you, see our hard pull vs soft pull post here.
In addition to the current rate from PenFed Credit Union, 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.
If you happen to know whether this account incurs a hard/soft pull, please let us know. Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank rates!