You can avoid these 2 Saving Accounts and you can save your money (1) Bank of America Advantage Savings (2) Chase Premier Savings. These saving accounts are the most popular but not earning friendly. In this Blog, Read further about (which savings account will earn you the least money?) detailed information.
which savings account will earn you the least money?
1. Bank of America Advantage Savings
- Monthly fee – 8 USD per month, new account holders get the first six months with Zero monthly fees.
- Minimum balance – 100 USD
- Excessive transactions charges – 10 USD charges After 6 withdrawals in a month
- APY – 1 cent per 100 USD
- Offer ATM card – Yes (T&C apply)
2. Chase Premier Savings
- Monthly fee – 25 USD per month
- Minimum balance – 0 USD
- Excessive transactions charges – 5 USD charges After 6 withdrawals in a month
- APY -1 cent per 100 USD
- Offer ATM card – Yes (T&C apply)
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More money can be made in these savings accounts
Given below are some savings account details which will help you in earning more. All these savings accounts belong to those banks which are completely digital. Since the branches of these banks are digital, their expenses also come in handy, hence all this
Following are some of the savings accounts offering 5 to 6% interest rate
1. UFB Secure Savings
- Monthly fee – Zero
- Minimum balance – Zero
- Excessive transactions charges – Zero
- APY – Earn up to 5.25% APY
- Offer ATM card – Yes
2. Western Alliance Bank Savings Account
- Monthly fee – Zero
- Minimum balance – 1 USD
- Excessive transactions charges – Zero but apply when (If there is no money in your account and you make a transaction).
- APY – Earn up to 5.21% APY
- Offer ATM card – No
3. Newtek Bank Personal High Yield Savings
- Monthly fee – Zero
- Minimum balance – 0.01 USD
- Excessive transactions charges – Zero
- APY – Earn up to 5.25% APY
- Offer ATM card – Yes (T&C Apply)
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