Amplify Savings Accounts

Amplify Savings Accounts Review

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

Key Takeaways

• Low interest rate. The maximum annual percentage yield for this account is only 0.05%.
• $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 Savings Accounts does not charge fees on ATM transactions.

Amplify Savings Accounts Pros & Cons

Amplify Savings Accounts 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 Savings Accounts doesn't offer a signup bonus.

What is the minimum initial deposit for Amplify Savings Accounts?

What APY does Amplify Savings Accounts offer?

Amplify Savings Accounts offers a variable APY and ranging up to 0.05% (APY stands for annual percentage yield, rates may change).

What fees does Amplify Savings Accounts charge?

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

What features and perks does Amplify Savings Accounts offer?

This savings account includes the following features:

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

Can you set up a direct deposit to Amplify Savings Accounts?

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 Savings Accounts?

The customer support email for Amplify Savings Accounts is cumail@goamplify.com.