Northpointe Bank Ultimate Savings Account Review
Northpointe Bank Ultimate Savings Account is offered by Northpointe Bank,
founded in 1999 and based in Grand Rapids, MI.
Northpointe Bank Ultimate Savings Account is available in
17 states across the USA.
- Higher than average APY. Northpointe Bank Ultimate Savings Account has an annual percentage yield of up to 0.35%, which is higher than the average interest rate for savings accounts. Note that you must keep a minimum balance of $5000 to earn that interest rate.
- $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
Northpointe Bank savings account Pros & Cons
- Interest-yielding account.
- Access to physical branches.
- No charge on incoming domestic or international wire transfers.
- No signup bonus.
- Does not provide access to a nationwide ATM network.
- Does not come with a debit card
- Only available in 17 states.
- Higher than average wire transfer fees.
Northpointe Bank savings account FAQ
Are savings accounts from Northpointe Bank federally insured?
Yes, your Northpointe 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 Northpointe Bank offer a signup bonus?
Northpointe Bank savings account doesn't offer a signup bonus.
What is the minimum initial deposit for Northpointe Bank savings account?
The minimum deposit to open a Northpointe Bank savings account is $100.
Northpointe Bank Ultimate Savings Account Minimums
|Minimum Balance to Earn APY
|Minimum Opening Deposit
||Starting at $100
What APY does Northpointe Bank offer?
Northpointe Bank savings account offers an APY and ranging up to 0.35% (APY stands for annual percentage yield, rates may change).
What fees does Northpointe Bank savings account charge?
Northpointe Bank savings account does not charge a monthly service fee. See the fee breakdown section below to view all fees.
- Outgoing domestic bank transfers come with a $25 fee.
- Outgoing international bank transfers come with a $60 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
- Northpointe Bank savings account charges a $10 fee for an early account closure. Contact Northpointe Bank savings account for more details on what is considered an early closure.
- Northpointe Bank savings account charges $5 every time you request a paper statement.
What features and perks does Northpointe Bank savings account offer?
This savings account includes the following features:
- Fraud monitoring - Northpointe Bank 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.
- Mobile Banking Services - Northpointe Bank 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.
Can you set up a direct deposit to Northpointe Bank 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 Northpointe Bank savings account?
The customer support email for Northpointe Bank savings account is firstname.lastname@example.org.
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