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 offered in 7 states across the USA.

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.

What APY does East West Bank offer?

East West Bank Premier Savings Account is not an interest-bearing account.

What features and perks does East West Bank Premier 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 - East West Bank Premier 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.
• Nationwide ATM network - Withdraw money and check your balance from wherever you are.

What fees does East West Bank Premier Savings Account charge?

East West Bank Premier 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 $100.