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Last Updated: 01/21/2026

Bank5 Connect High-Interest Checking Account

in Checking Accounts from Bank5 Connect

Last Updated: 01/21/2026

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Highlights

Welcome Offer

N/A


Cashback Rewards

N/A


APY (Annual Percentage Yield)

2.70%(Verified 06/21/2024)

Monthly Service Fee

$0(Verified 01/21/2026)

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Bank5 Connect High-Interest Checking Account Review

The Bank5 Connect High-Interest Checking Account is offered by Bank5 Connect, a bank founded in 2013 and based in Fall River, MA. Bank5 Connect High-Interest Checking Account is available in 50 states and Washington, DC.

Key Takeaways

  • Up to 2.70% annual percentage yield (APY). This account offers an annual percentage yield of up to 2.70%, which is much higher than the average for the checking accounts that we track However, you must keep a minimum balance of $100.00.
  • No monthly maintenance fees. This account does not charge any monthly account fees.
  • Small minimum initial deposit. You only need $10.00 to open an account.
  • Up to $15.00 in ATM fee rebates. This account will reimburse you for ATM fees (see terms and conditions for details).

Bank5 Connect High-Interest Checking Account Pros & Cons

Bank5 Connect High-Interest Checking Account FAQ

Are checking accounts from Bank5 Connect federally insured?

Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Bank5 Connect High-Interest Checking Account offer?

Bank5 Connect High-Interest Checking Account offers an APY of 2.70% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY. However, to earn interest, account holders must keep an average beginning day balance of $100.00.

What are the account minimums for Bank5 Connect High-Interest Checking Account?

Bank5 Connect High-Interest Checking Account requires a minimum initial deposit of $10.00.

What fees does Bank5 Connect High-Interest Checking Account charge?

The good news is that this account does not have a monthly Service Charge.

What features and perks does Bank5 Connect High-Interest Checking Account offer?

This account includes the following features:
  • ATM rebates - This account will reimburse you for domestic ATM fees up to a monthly maximum of $15.00.
  • Mobile Banking Services - Bank5 Connect High-Interest Checking Account allows you to manage your money online or with a mobile app.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

What is the customer support email for Bank5 Connect High-Interest Checking Account?

The customer support email for Bank5 Connect High-Interest Checking Account is marketing@bank5connect.com.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

79 N Main St
Fall River, MA 02720
(855) 552-2655
Visit Site

Hours of Operation

Sunday
11:00AM - 3:00PM
Monday
7:30AM - 5:00PM
Tuesday
7:30AM - 5:00PM
Wednesday
7:30AM - 5:00PM
Thursday
7:30AM - 7:00PM
Friday
7:30AM - 7:00PM
Saturday
7:30AM - 3:00PM

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SuperMoney Net Recommendation Score

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The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

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