SuperMoney
  Bank of the West Classic Savings Account

Bank of the West Classic Savings Account

in Savings Accounts from Bank of the West · Member fdic

Unaffiliated

Bank of the West Classic Savings Account

Unaffiliated

in Savings Accounts from Bank of the West · Member FDIC

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend Bank of the West Classic Savings Account to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Monthly Fee $0 - $5
APY (Annual Percentage Yield) 0.01%
APY Minimum Balance $0.01

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.

Bank of the West Classic Savings Account FAQ

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?

The minimum balance to open a Bank of the West Classic Savings Account is $25.
Bank of the West Classic Savings Account Account Minimums
Description
APY Minimum Balance $0.01
Minimum Balance to Avoid Monthly Fee $300
Minimum Direct Deposit to Avoid Monthly Fee $25
Minimum Initial Deposit $25

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.

Bank of the West Classic Savings Account Features
Description
Bank Account Features
  • Automatic Savings
  • Bauer Financial A+/A Rating
  • Branch Access
  • Check Images with Statement
  • Fraud Monitoring
  • Free Bill Pay
  • Interest Bearing Account
  • Mobile Banking
  • Mobile Check Deposit
  • No ATM Fees
  • No Monthly Maintenance Fee

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.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 19 states
  • Arizona
  • California
  • Colorado
  • Idaho
  • Iowa
  • Kansas
  • Minnesota
  • Missouri
  • Nebraska
  • Nevada
  • New Mexico
  • North Dakota
  • Oklahoma
  • Oregon
  • South Dakota
  • Utah
  • Washington
  • Wisconsin
  • Wyoming

Feature Breakdown

APY Minimum Balance $0.01
Minimum Balance to Avoid Monthly Fee $300
Minimum Direct Deposit to Avoid Monthly Fee $25
Minimum Initial Deposit $25
Monthly Fee $0 - $5
Paper Statement Fee $3
Returned Deposit Fee (Domestic) $15
Wire Transfer Fee - Domestic (Outgoing) $35
Wire Transfer Fee - International (Outgoing) $50
Bauer Financial A+/A Rating
Bank Account Features
  • Automatic Savings
  • Bauer Financial A+/A Rating
  • Branch Access
  • Check Images with Statement
  • Fraud Monitoring
  • Free Bill Pay
  • Interest Bearing Account
  • Mobile Banking
  • Mobile Check Deposit
  • No ATM Fees
  • No Monthly Maintenance Fee
APY (Annual Percentage Yield) 0.01%

Be the first to rate

 

Would you recommend Bank of the West Classic Savings Account to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

0

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.

Other Savings Accounts