It is always a good idea to start saving your money. Investing your hard-earned money in a State Exchange Bank High Yield Savings account is a terrific approach to do just that. Currently, they are offering you a competitive rate of 3.10% APY.
Update 4/18/25:
- For a limited time only, you can earn up to a $500 bonus. The more you deposit, the more you can earn: $75 for deposits totaling $10,000, $250 for deposits totaling $25,000; or $500 for deposits totaling $50,000 or more within 14 days of your first deposit. Offer ends June 30, 2025 with code BOOST at sign-up..
- The rate has increased to 3.10% APY from 1.90%.
Terms:
- Up to $500 bonus: 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, and $500 for depositing $50,000 or more. To qualify for the bonus, your first deposit must be initiated by June 30, 2025, by 11:59 PM ET, and the promo code BOOST 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.
State Exchange Bank High Yield Savings
- Rate Offer: 3.10% APY Rate
- Availability: Nationwide
- Credit Inquiry: Soft Pull
- Credit Funding: Unknown
- Minimum Balance: None
- Maximum Balance: None
- Monthly Service Fee: None
- Early Termination Fees: None
(FDIC Insured)
Account Rates
Balance | APY |
$0.01+ | 3.10% APY |
State Exchange Bank Account Benefits
- Savings products from a network of financial institutions offer flexible terms and some of the most competitive interest rates
- One account to hold all your deposit products. Simplified statements. Easy access to manage your funds – all through a streamlined digital platform.
- Enjoy 24/7 online access to your account and funds.
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Author’s Verdict
The State Exchange Bank High Yield Savings Account gives relatively decent yields on your money, regardless of the amount.
The account is easy to open and a fantastic method to make money with your extra income!
Simply establish an account and make the required initial deposit if this seems like something you’d be interested in.
In addition to the current rate from State Exchange Bank, 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!
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