VyStar Credit Union Savings Account

VyStar Credit Union Savings Account Review

VyStar Credit Union Savings Account is offered by VyStar Credit Union, founded in 1952 and based in Jacksonville, FL. VyStar Credit Union Savings Account is available in 1 state across the USA.

• Higher than average APY. VyStar Credit Union Savings Account has an annual percentage yield of up to 0.1%, which is higher than the national average interest rate on savings accounts. Note that you must keep a minimum balance of $50.
• Charges a monthly fee. This account charges a monthly service fee of up to $5.
• Small minimum initial deposit. You only need $5 to open an account.

Pros	Cons
Interest-yielding account. No charge on incoming domestic or international wire transfers.	No signup bonus. Does not offer mobile check deposits. Does not provide access to a nationwide ATM network. Does not come with a debit card Not FDIC-insured. Only available in one state. Higher than average wire transfer fees. Monthly service charge.

Are savings accounts from VyStar Credit Union federally insured?

No, your VyStar Credit Union savings accounts are not insured by a federal insurance agency. This means that if VyStar Credit Union were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

Does VyStar Credit Union offer a signup bonus?

Vystar savings account doesn't offer a signup bonus.

What is the minimum initial deposit for Vystar savings account?

The minimum deposit to open a Vystar savings account is $5.

VyStar Credit Union Savings Account Minimums

Description
Minimum Balance to Earn APY	$50
Minimum Opening Deposit	Starting at $5

What APY does VyStar Credit Union offer?

Vystar savings account offers an APY of 0.1% (APY stands for annual percentage yield, rates may change).

The interest rate on a savings account or checking account can change based, in part, on what the Federal Reserve does. Note that the APY of a savings account is the amount of interest you will earn if you keep your money in the account for a full year expressed as a percentage. The difference between an APY and an interest rate is that the APY takes into account how often your money earns interest (or compounds). The more often your money compounds, the more it will earn. Savings accounts with an interest rate that compounds daily, for example, will earn a higher return (and therefore a higher APY) than savings accounts that compound annually.

What fees does Vystar savings account charge?

Vystar 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 $15 fee.
• Vystar savings account charges a $5 fee for an early account closure. Contact Vystar savings account for more details on what is considered an early closure.

What features and perks does Vystar savings account offer?

This savings account includes the following features:

Can you set up a direct deposit to Vystar 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 Vystar savings account?

The customer support email for Vystar savings account is social@vystarcu.org.