Bank of the West Classic Savings Account Review

Bank of the West Classic Savings Account is offered by Bank of the West, a bank founded in 1874 and based in San Francisco, CA. Bank of the West Classic Savings Account is available in 19 states across the USA.

Are savings accounts from Bank of the West federally insured?

Yes, your Bank of the West 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 Bank of the West offer a signup bonus?

Bank of the West Classic Savings Account doesn't offer a signup bonus.

What is the minimum balance for Bank of the West Classic Savings Account?

What APY does Bank of the West offer?

Bank of the West Classic Savings Account offers an APY of 0.01% (APY stands for annual percentage yield, rates may change).

What features and perks does Bank of the West Classic 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 - Bank of the West Classic 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.

Bank of the West Classic 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 Interest Bearing Account No Monthly Maintenance Fee Mobile Check Deposit

What fees does Bank of the West Classic Savings Account charge?

Bank of the West Classic 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 $300. Avoid the monthly fee by setting up a direct deposit of at least $25.

• Outgoing domestic bank transfers come with a $35 fee.
• Outoing international bank transfers come with a $50 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• Bank of the West Classic Savings Account charges $3 every time you request a paper statement.