Search results
Results from the WOW.Com Content Network
Bank of America’s basic savings account has a $100 minimum opening deposit. There’s also an $8 monthly fee that’s waived if: You maintain a minimum daily balance of $500.
SoFi is a bank that offers a combination checking and savings account paying out up to 4.00% APY with direct deposits without monthly account maintenance fees or minimum balance requirements.
Bank of America also offers a savings account ... monthly fee is waived for each statement cycle in which you are enrolled in Preferred Rewards or maintain the combined minimum balance ($10,000 ...
In banking, a minimum daily balance is the minimum balance that a banking institution requires account holders to have in their accounts each day in order to waive maintenance fees. [1] This is not to be confused with the average daily balance, which is computed as the sum of daily balances in a billing period divided by the number of days.
A deposit of at least $10,000 from funds outside of TD Bank is required into a new TD Signature Savings or Simple savings account and a balance of $10,000 or more must be maintained for 90 days to ...
Some banks and credit unions will require a minimum deposit to open your account. Bank of America, Member FDIC, has a $100 minimum deposit for its Advantage Savings account, for example, while you ...
Saving accounts earn you interest on your balance — anywhere from a modest 1% APY with a traditional account to a lucrative 4% APY and higher for high-yield accounts — compounding what you ...
Bank of America’s Advantage Relationship Banking product offers interest rates of 0.01% on your checking account balance of up to $50,000 and 0.02% on balances above $50,000.