Last Updated: 04/18/2025
East West Bank Premier Savings Account
Unaffiliated
in Savings Accounts from East West Bank
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
N/A
Minimum Opening Deposit
Starting at $100
Minimum Balance to Earn APY
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 savings account are available in 7 states.
Key Takeaways
- $0 monthly account fees available. This account charges a monthly fee of up to $3, but the fee may be waived if you keep a minimum balance of$2,500.
- $100 minimum opening deposit. This is a typical minimum initial deposit.
- No ATM fees. East West Bank Premier Savings Account does not charge fees on ATM transactions .
East West savings account Pros & Cons
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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.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Average Balance to Avoid Monthly Service Fee | Starting at $2,500 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | Starting at $100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Average Combined Balance to Avoid Monthly Maintenance Fee | Starting at $10,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What APY does East West Bank Premier Savings Account 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?
Yes, you can typically set up a direct deposit to this account. 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.
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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