Bank Five Nine Statement Savings Account

Key Takeaways

• Low interest rate. The maximum annual percentage yield for this account is only 0.04%.
• Charges a monthly fee. This account charges a monthly fee of $1.00, but the fee may be waived if you keep a minimum balance of$50.00.
• No minimum initial deposit. There is no minimum balance required to open an account online.
• No ATM fees. Bank Five Nine Statement Savings Account does not charge fees on ATM transactions .

Bank Five Nine Statement Savings Account Pros & Cons

Bank Five Nine Statement Savings Account FAQ

Are savings accounts from Bank Five Nine federally insured?

Does Bank Five Nine offer a signup bonus?

What is the minimum initial deposit for Bank Five Nine Statement Savings Account?

There is no minimum deposit to open a Bank Five Nine Statement Savings Account.

What APY does Bank Five Nine Statement Savings Account offer?

The interest rate on a savings account or checking account can change based, in part, on what the Federal Reserve does. Note that the APY of a savings account is the amount of interest you will earn if you keep your money in the account for a full year expressed as a percentage. The difference between an APY and an interest rate is that the APY takes into account how often your money earns interest (or compounds). The more often your money compounds, the more it will earn. Savings accounts with an interest rate that compounds daily, for example, will earn a higher return (and therefore a higher APY) than savings accounts that compound annually.

What fees does Bank Five Nine Statement Savings Account charge?

What features and perks does Bank Five Nine Statement Savings Account offer?

• Mobile Banking Services - Bank Five Nine Statement Savings Account allows you to manage your money online or with a mobile app.

Can you set up a direct deposit to Bank Five Nine Statement Savings Account?

What is the customer support email for Bank Five Nine Statement Savings Account?