Amplify High Yield Savings Account

Amplify High Yield Savings Account Review

Amplify High Yield Savings Account is offered by Amplify Credit Union, a credit union founded in 1967 and based in Austin, TX. Amplify High Yield Savings Account are available in 50 states (and Washington, DC).

Key Takeaways

• Higher than average APY. Amplify High Yield Savings Account has an annual percentage yield of up to 0.30%, which is higher than the average interest rate for savings accounts. Note that you must keep a minimum balance of $10000 to earn that interest rate.
• $0 monthly fee. This account does not charge any monthly account fees.
• No minimum initial deposit. There is no minimum balance required to open an account online.
• No ATM fees. Amplify High Yield Savings Account does not charge fees on ATM transactions.

Amplify High Yield Savings Account Pros & Cons

Amplify High Yield Savings Account FAQ

Are savings accounts from Amplify Credit Union federally insured?

Yes, your savings accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

Does Amplify Credit Union offer a signup bonus?

Amplify High Yield Savings Account doesn't offer a signup bonus.

What is the minimum initial deposit for Amplify High Yield Savings Account?

What APY does Amplify High Yield Savings Account offer?

Amplify High Yield Savings Account offers an APY up to 0.30% (APY stands for annual percentage yield, rates may change).

What fees does Amplify High Yield Savings Account charge?

Amplify High Yield Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does Amplify High Yield Savings Account offer?

This savings account includes the following features:

• Mobile Banking Services - Amplify High Yield Savings Account allows you to manage your money online or with a mobile app.

Can you set up a direct deposit to Amplify High Yield Savings Account?

Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for Amplify High Yield Savings Account?

The customer support email for Amplify High Yield Savings Account is cumail@goamplify.com.