Comenity High Yield Savings Account Review

Comenity High Yield Savings Account is offered by Comenity, a bank founded in 2003 and based in Draper, UT. Comenity High Yield Savings Account is available in 50 states (and Washington, DC).

Are savings accounts from Comenity federally insured?

Yes, your Comenity savings accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #57570). 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 Comenity offer a signup bonus?

Comenity High Yield Savings Account doesn't offer a signup bonus.

What is the minimum balance for Comenity High Yield Savings Account?

What APY does Comenity offer?

Comenity High Yield Savings Account offers an APY of 0.6% (APY stands for annual percentage yield, rates may change).

What features and perks does Comenity High Yield Savings Account offer?

This account includes the following features.

What fees does Comenity High Yield Savings Account charge?

Comenity High Yield Savings Account does not charge a monthly maintenance fee. See the fee breakdown section below to view all fees.

• Outgoing domestic bank transfers come with a $25 fee.
• Outoing international bank transfers come with a $25 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• Comenity High Yield Savings Account charges $5 every time you request a paper statement.