Western Alliance Bank High-Yield Savings Account: $500 Bonus + 4.25% APY (Nationwide)

If you’re looking for a new savings account available nationwide, Western Alliance Bank High-Yield Savings account is offering you 4.25% APY powered by Raisin.

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..

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.

Western Alliance Bank 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!

• Learn More at Western Alliance Bank
• Rate Offer: 4.25% APY Rate
• Availability: Nationwide
• Credit Inquiry: Soft Pull or Hard Pull?
• Credit Funding: None
• Monthly Fee: None Listed
  
• Early Termination Fee: None

(FDIC Insured)

How to Earn Rate

1. Open a new account with a minimum opening deposit of $500.
2. Fill out your personal information – Provide your name, address, phone, email and social security number or Tax ID.
3. Fund the account/transfer funds – Transfer funds electronically from an internal account here or an external account at another bank.
4. Earn 4.25% APY.

Account Rates

Western Alliance Bank Account Benefits

• FDIC insured
• Excellent rates with NO fees from Raisin.
• $1 minimum deposit. 24/7 online access.

Author’s Verdict

Check out this offer from Western Alliance Bank and open a High-Yield Savings account with an amazing rate! Take advantage of the services they have to offer along with these savings.

Let us know about your experience with this bank and comment below.

In addition to the current rate from Western Alliance 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!