Valley Bank High Yield Savings Account: $1000 Bonus + 3.96% APY (Nationwide)

Available nationwide, the Valley Bank High Yield Savings account offers a competitive rate of 3.96% APY on your funds + up to $1000 bonus powered by Raisin.

Update 9/2/26: You can currently earn up to $1000 bonus through 9/30/26!

• New customer offer: here’s how to earn up to $1,000.
• A smart savings strategy starts with a strong foundation. Sign up with code STACK and deposit $10,000 or more to secure your welcome bonus while earning top rates.
• Earn an extra bonus on top when you split your qualifying total balance between a savings account and a CD.
• Customers will receive a Welcome Bonus of:
  • $40 for depositing between $10,000 and $24,999;
  • $100 for depositing between $25,000 and $49,999;
  • $200 for depositing between $50,000 and $99,999;
  • $425 for depositing between $100,000 and $199,999; and
  • $900 for depositing $200,000 or more.
• Savings + CD Boost: Customers eligible for the Welcome Bonus may earn an additional bonus by opening a product in a second product category. To qualify, customers must deposit at least $1,000 into the secondary product category within 14 days of their initial deposit and maintain balances over $1,000 in both categories through 90 days from the initial deposit date.
• Savings + CD Boost eligibility is determined by your Welcome Bonus tier: customers depositing between;
  • $10,000–$24,999 receive an additional $10;
  • $25,000–$49,999 receive an additional $25;
  • $50,000–$99,999 receive an additional $50;
  • $100,000–$199,999 receive an additional $75; and
  • $200,000 or more receive an additional $100.
• Only funds deposited within 14 days of the initial deposit date and maintained with partner banks on the Raisin platform for 90 days of the initial deposit date will be eligible for the Welcome Bonus and Savings + CD Boost. Bonus cash will be credited directly to your Cash Account within 30 days of meeting all qualifying terms.

Terms:

• New customers only. Earn a cash bonus (the “Welcome Bonus”) when you deposit and maintain funds with partner banks on the Raisin platform. Customers will receive a Welcome Bonus of $40 for depositing between $10,000 and $24,999; $100 for depositing between $25,000 and $49,999; $200 for depositing between $50,000 and $99,999; $425 for depositing between $100,000 and $199,999; and $900 for depositing $200,000 or more. If the Qualifying Deposit balance declines at any time during the maintenance period below the minimum required for a bonus tier, the customer will be placed in the bonus tier corresponding to the lowest Qualifying Deposit balance maintained during that period.
• Savings + CD Boost: Customers eligible for the Welcome Bonus may earn an additional bonus by opening a product in a second product category. To qualify, customers must deposit at least $1,000 into the secondary product category within 14 days of their initial deposit and maintain balances over $1,000 in both categories through 90 days from the initial deposit date.
• For the purposes of this promotion, High-Yield Certificates of Deposit constitute one product category; No-Penalty CDs and Callable CDs constitute a second product category; and Savings Accounts (including Money Market Deposit Accounts, High-Yield Savings Accounts, and Rate Lock Savings Accounts) constitute a third product category. Savings + CD Boost eligibility is determined by your Welcome Bonus tier: customers depositing between $10,000–$24,999 receive an additional $10; $25,000–$49,999 receive an additional $25; $50,000–$99,999 receive an additional $50; $100,000–$199,999 receive an additional $75; and $200,000 or more receive an additional $100.
• The Savings + CD Boost is optional and paid in addition to the Welcome Bonus. To qualify for the Welcome Bonus and Savings + CD Boost, your first deposit must be initiated between September 1, 2026, and September 30, 2026, by 11:59 PM ET, and the promo code STACK 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 of the initial deposit date will be eligible for the Welcome Bonus and Savings + CD Boost. Bonus cash will be credited directly to your Cash Account within 30 days of meeting all qualifying terms. This offer is available to new customers only, is non-transferable, and may not be combined with any other bonus offers. Raisin may modify or end this offer at any time and may withhold or revoke bonuses in cases of fraud, abuse, or violation of these terms or Raisin’s Terms of Service.

Valley Bank High Yield Savings

• Rate Offer: 3.96% 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

Valley Bank Account Benefits

• 24/7 online access to funds.
• No fees from Raisin. $1 minimum deposit.

Author’s Verdict

The Valley Bank High Yield Savings Account offers an outstanding rate.

In addition to the current rate from Valley Bank, you can also take advantage of a range of great promotions from banks such as HSBC Bank, Chase Bank, Huntington 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!