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  Popular Bank Savings Account

Popular Bank Savings Account

in Savings Accounts from Banco Popular de Puerto Rico · Member FDIC

Unaffiliated

Popular Bank Savings Account

Unaffiliated

in Savings Accounts from Banco Popular de Puerto Rico · Member FDIC

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Highlights
Monthly Fee $0 - $4
APY (Annual Percentage Yield) 0.03% - 0.10%
APY Minimum Balance N/A

Popular Bank Savings Account Review

Popular Bank Savings Account is offered by Banco Popular de Puerto Rico, a bank founded in 1893 and based in New York, NY. Popular Bank Savings Account is available in 3 states across the USA.

Popular Bank Savings Account FAQ

Are savings accounts from Banco Popular de Puerto Rico federally insured?

Yes, your Banco Popular de Puerto Rico savings accounts are insured up to $250,000 per person 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.

Does Banco Popular de Puerto Rico offer a signup bonus?

Popular Bank Savings Account doesn't offer a signup bonus.

What is the minimum balance for Popular Bank Savings Account?

The minimum balance to open a Popular Bank Savings Account is $25.
Popular Bank Savings Account Account Minimums
Description
APY Minimum Balance N/A
Minimum Initial Deposit $25
Minimum Combined Balance to Avoid Monthly Fee N/A
Minimum Required Balance N/A
Minimum Direct Deposit to Avoid Monthly Fee N/A
Minimum Balance to Avoid Monthly Fee $25

What APY does Banco Popular de Puerto Rico offer?

Popular Bank Savings Account offers an APY starting at 0.03% and ranging up to 0.10% (APY stands for annual percentage yield, rates may change).

What features and perks does Popular Bank Savings Account offer?

This account includes the following features:

  • Automatic savings - Set up an automatic transfer from your checking account to a savings account and you'll never have to second-guess your saving decisions again.
  • Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
  • Fraud monitoring - Popular Bank Savings Account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Free Bill Pay - Bill Pay allows you to receive ebills directly to your account and pay them easily from your account.
  • Nationwide ATM network - Withdraw money and check your balance from wherever you are.
  • Popular Bank Savings Account Features
    Description
    Bank Account Features
    • No ATM Fees
    • Branch Access
    • Bauer Financial A+/A Rating
    • Automatic Savings
    • Free Bill Pay
    • Fraud Monitoring
    • Mobile Banking
    • Check Images with Statement
    • Nationwide ATM Network
    • Interest Bearing Account
    • No Monthly Maintenance Fee
    • Mobile Check Deposit

What fees does Popular Bank Savings Account charge?

Popular Bank Savings Account does not charge a monthly maintenance fee. See the fee breakdown section below to view all fees.

However, you can waive the monthly fee if you have a minimum daily balance of $25.

  • Outgoing domestic bank transfers come with a $30 fee.
  • Incoming domestic bank transfers come with a $15 fee.
  • Outoing international bank transfers come with a $40 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
  • Incoming international bank transfers come with a $15 fee.
  • Popular Bank Savings Account charges a $25 fee for an early account closure. Contact Popular Bank Savings Account for more details on what is considered an early closure.
  • Popular Bank Savings Account charges $5 every time you request a paper statement.
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Availability

  Available in 3 states
  • Florida
  • New Jersey
  • New York

Feature Breakdown

Minimum Balance to Avoid Monthly Fee $25
Minimum Initial Deposit $25
Early Account Closure $25
Monthly Fee $0 - $4
Paper Statement Fee $5
Returned Deposit Fee (Domestic) $10
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Incoming) $15
Wire Transfer Fee - International (Outgoing) $40
Bauer Financial A+/A Rating  
Bank Account Features
  • No ATM Fees
  • Branch Access
  • Bauer Financial A+/A Rating
  • Automatic Savings
  • Free Bill Pay
  • Fraud Monitoring
  • Mobile Banking
  • Check Images with Statement
  • Nationwide ATM Network
  • Interest Bearing Account
  • No Monthly Maintenance Fee
  • Mobile Check Deposit
APY (Annual Percentage Yield) 0.03% - 0.10%

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SUPERMONEY NET RECOMMENDATION SCORE

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Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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