Minimum Balance and Deposit Requirements for Bank Accounts (2024)

Customers Bank High Yield Savings through Raisin

Finder Rating: 4.6 / 5: ★★★★★

Customers Bank High Yield Savings through Raisin

Finder Rating: 4.6 / 5: ★★★★★

Minimum Balance and Deposit Requirements for Bank Accounts (1)

Traditional savings

5.32%

Up to $250,000

$0

$1

$1,053.20

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Bonus

SoFi Checking and Savings

Finder Rating: 4.6 / 5: ★★★★★

SoFi Checking and Savings

Finder Rating: 4.6 / 5: ★★★★★

Bonus

Traditional savings,Checking

4.60%

0.50%

1.20%

Up to $250,000

$0

$0

Earn up to $300 with a qualifying direct deposit, terms apply. This offer is available until December 31, 2023.

$1,046

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UFB Secure Savings

Finder Rating: 4.7 / 5: ★★★★★

UFB Secure Savings

Finder Rating: 4.7 / 5: ★★★★★

Traditional savings,Custodial account

5.25%

Up to $250,000

$0

$0

$1,052.50

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RBMAX High-Yield Savings Account Through Raisin

Finder Rating: 4.6 / 5: ★★★★★

RBMAX High-Yield Savings Account Through Raisin

Finder Rating: 4.6 / 5: ★★★★★

Minimum Balance and Deposit Requirements for Bank Accounts (5)

Traditional savings

5.32%

Up to $250,000

$0

$1

$1,053.20

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Valley Direct High Yield Savings Account

Finder Rating: 4.6 / 5: ★★★★★

Valley Direct High Yield Savings Account

Finder Rating: 4.6 / 5: ★★★★★

Minimum Balance and Deposit Requirements for Bank Accounts (6)

Savings app

5.05%

$250,000

$0.01

$1

$1,050.50

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Wealthfront Cash Account

Finder Rating: 4.6 / 5: ★★★★★

Wealthfront Cash Account

Finder Rating: 4.6 / 5: ★★★★★

Minimum Balance and Deposit Requirements for Bank Accounts (7)

Cash management account

5.00%

Up to $8M FDIC insurance

$1

$1

$1,050

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Public High-Yield Cash Account

Finder Rating: 4.6 / 5: ★★★★★

Public High-Yield Cash Account

Finder Rating: 4.6 / 5: ★★★★★

Minimum Balance and Deposit Requirements for Bank Accounts (8)

Traditional savings

5.10%

Up to $250,000

$0

$0

$1,051

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Barclays Online Savings

Finder Rating: 4.3 / 5: ★★★★★

Barclays Online Savings

Finder Rating: 4.3 / 5: ★★★★★

Traditional savings

4.35%

Up to $250,000

$0

$0

$1,043.50

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Hanover Bank MMDA through Raisin

Finder Rating: 4.7 / 5: ★★★★★

Hanover Bank MMDA through Raisin

Finder Rating: 4.7 / 5: ★★★★★

Minimum Balance and Deposit Requirements for Bank Accounts (10)

Money market

5.20%

Up to $250,000

$0

$1

$1,052

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First Mid Bank & Trust through Raisin

Finder Rating: 4.7 / 5: ★★★★★

First Mid Bank & Trust through Raisin

Finder Rating: 4.7 / 5: ★★★★★

Minimum Balance and Deposit Requirements for Bank Accounts (11)

Traditional savings

4.80%

Up to $250,000

$0

$1

$1,048

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mph.bank Money Market Deposit Account through Raisin

Finder Rating: 4.7 / 5: ★★★★★

mph.bank Money Market Deposit Account through Raisin

Finder Rating: 4.7 / 5: ★★★★★

Minimum Balance and Deposit Requirements for Bank Accounts (12)

Money market

4.70%

Up to $250,000

$0

$1

$1,047

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Continental Bank High Yield Savings through Raisin

Finder Rating: 4.7 / 5: ★★★★★

Continental Bank High Yield Savings through Raisin

Finder Rating: 4.7 / 5: ★★★★★

Minimum Balance and Deposit Requirements for Bank Accounts (13)

Traditional savings

4.41%

Up to $250,000

$0

$1

$1,044.10

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UNest

Not rated yet

UNest

Not rated yet

Custodial account app

APY not advertised

SIPC-insured up to $500,000

$0

$25

$1,000

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Bonus

Varo

Finder Rating: 4.7 / 5: ★★★★★

Varo

Finder Rating: 4.7 / 5: ★★★★★

Bonus

Traditional savings

5.00%

3.00%

Up to $250,000

$0

$0

Varo is running a Referral Bonus Promotion through January 11, 2024 that gets both existing and new customers $30 when signing up for a Varo Bank account.

$1,050

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Discover® Online Savings Account

Finder Rating: 4.6 / 5: ★★★★★

Discover® Online Savings Account

Finder Rating: 4.6 / 5: ★★★★★

Traditional savings,Custodial account

4.30%

Up to $250,000

$0

$0

$1,043

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Bonus

U.S. Bank Platinum Business Money Market TEST

Finder Rating: 3 / 5: ★★★★★

U.S. Bank Platinum Business Money Market TEST

Finder Rating: 3 / 5: ★★★★★

Bonus

Minimum Balance and Deposit Requirements for Bank Accounts (18)

Minimum Balance and Deposit Requirements for Bank Accounts (19)

Money market

4.25%

0.05%

Up to $250,000

$0

$100

Receive a bonus interest rate of 4.25% from the account opening date when you open a new Platinum Business Money Market Acccount and complete qualifying activities, subject to certain terms and limitations. Offer valid through May 8, 2024. Member FDIC.

$1,042.50

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Bonus

Business Premium Savings

Finder Rating: 4 / 5: ★★★★★

Business Premium Savings

Finder Rating: 4 / 5: ★★★★★

Bonus

Minimum Balance and Deposit Requirements for Bank Accounts (20)

Minimum Balance and Deposit Requirements for Bank Accounts (21)

Traditional savings

4.01%

Up to $250,000

$0

$5,000

Choose smarter business banking by March 8 and enjoy up to 4.01% APY* and a bonus of up to $375 when you maintain a minimum average daily balance of $75,000.† Just use promo code BPS375 on your application

$1,040.10

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CIT Bank Money Market

Finder Rating: 3.9 / 5: ★★★★★

CIT Bank Money Market

Finder Rating: 3.9 / 5: ★★★★★

Money market

1.55%

Up to $250,000

$0

$100

$1,015.50

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Ponce Bank High-Yield Money Market Deposit

Finder Rating: 4.7 / 5: ★★★★★

Ponce Bank High-Yield Money Market Deposit

Finder Rating: 4.7 / 5: ★★★★★

Money market

5.28%

$0

$1

$1,052.80

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Axos Bank High Yield Savings

Finder Rating: 4 / 5: ★★★★★

Axos Bank High Yield Savings

Finder Rating: 4 / 5: ★★★★★

Minimum Balance and Deposit Requirements for Bank Accounts (24)

Traditional savings

0.61%

0.25%

0.15%

Up to $250,000 individual

$0

$250

$1,006.10

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Minimum Balance and Deposit Requirements for Bank Accounts (2024)
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