SuperMoney
  East West Bank Premier Savings Account

East West Bank Premier Savings Account

in Savings Accounts from East West Bank · fdic

Unaffiliated

East West Bank Premier Savings Account

Unaffiliated

in Savings Accounts from East West Bank · Member FDIC

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend East West Bank Premier Savings Account to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Monthly Fee $0 - $3
APY (Annual Percentage Yield) N/A
APY Minimum Balance N/A

East West Bank Premier Savings Account Review

East West Bank Premier Savings Account is offered by East West Bank, a bank founded in 1973 and based in Pasadena, CA. East West Bank Premier Savings Account is available in 7 states across the USA.

Key Takeaways
  • $0 monthly Service Charge available. This account charges a monthly service fee of up to $3, but the fee is waived if you keep a minimum balance of $2,500.
  • $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
  • No ATM fees. East West Bank Premier Savings Account does not charge fees on ATM transactions.
  • Bill pay. Pay your bills to practically anyone in the United States through East West Bank.
East West savings account Pros & Cons
Pros Cons
  • Access to physical branches.
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not earn interest.
  • Does not come with a debit card
  • Only available in 7 states.
  • Monthly service charge.
East West savings account FAQ

Are savings accounts from East West Bank federally insured?

Yes, your East West Bank 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 East West Bank offer a signup bonus?

East West savings account doesn't offer a signup bonus.

What is the minimum initial deposit for East West savings account?

The minimum deposit to open a East West savings account is $100.
East West Bank Premier Savings Account Minimums
Description
Minimum Balance to Avoid Monthly Fee Starting at $2,500
Minimum Combined Balance to Avoid Monthly Fee $10,000
Minimum Opening Deposit Starting at $100

What APY does East West Bank offer?

East West savings account is not an interest-bearing account.

What fees does East West savings account charge?

East West savings account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

However, you can waive the monthly fees if you have a minimum daily balance of $2,500. You can also waive the fee by keeping a combined balance of $10,000.

What features and perks does East West savings account offer?

This savings account includes the following features:

  • Check images with monthly statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks for each statement period.
  • Fraud monitoring - East West 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 Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - East West savings account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

Can you set up a direct deposit to East West savings account?

In most cases, the answer is yes. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for East West savings account?

The customer support email for East West savings account is info@eastwestbank.com.

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.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 5:00pm
  • Tuesday 9:00am - 5:00pm
  • Wednesday 9:00am - 5:00pm
  • Thursday 9:00am - 5:00pm
  • Friday 9:00am - 5:00pm
  • Saturday Closed

Other Services by East West Bank

Availability

  Available in 7 states
  • California
  • Georgia
  • Massachusetts
  • Nevada
  • New York
  • Texas
  • Washington

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $2,500
Minimum Combined Balance to Avoid Monthly Fee $10,000
Minimum Opening Deposit Starting at $100
Bank Teller Fee $0
Monthly Fee $0 - $3
Bauer Financial A+/A Rating
Account Features
  • No ATM Fees
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • Nationwide ATM Network
  • Check Images with Statement
  • Mobile Banking
  • Fraud Monitoring
  • Automatic Transfers
  • Bauer Financial A+/A Rating
  • Branch Access

Be the first to rate

 

Would you recommend East West Bank Premier 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
(will require moderator approval)

Other Savings Accounts