Is there a limit to the number of transactions I can make per month?
No, there is no limit to the number of transactions you can make each month.
How is the interest calculated?
Interest is compounded daily and deposited into your account on the 10th of each month (unless it falls on a holiday or a weekend, then the interest is deposited on the business day before) based on your daily balance and satisfying the point of sale eligible transactions requirements per statement cycle.
How often can the interest rate change?
We may change the interest rate on your account at any time without notice.
Are there any requirements to earn the advertised Annual Percentage Yield (APY)?
No, there are no transaction or balance requirements to earn the advertised APY. All account holders receive the stated interest rate regardless of activity or balance.
Are there any monthly maintenance fees for the High Yield Savings account?
No, there are no monthly maintenance fees to keep your account active. For details on other services and potential fees, please refer to our Schedule of Fees.
Is there a minimum daily balance required to earn interest?
A minimum balance of is not required to earn interest. Interest is compounded daily and deposited into your account at the end of each cycle. If an account is at a zero balance for 90 consecutive days, it will automatically close.