High Yield Saving Account with American Plus Bank N.A. with best interest rate of 1.88% APY

American Plus Bank N.A. headquartered in California has a money in the bank deal through their high interest savings account. The interest rates of their best savings account are structured like the following:

$0.01 to $999.99 0.50% APY
$1,000 to $4,999.99 1.48% APY
$5,000 to $9,999.99 1.68% APY
$10,000 to $ $49,999.99 1.88% APY
$50,000 to $99,999.99 1.88% APY
$100K and over 1.88% APY

The current interest rates above are still posted as of November 30. These figures may change any time so it will be wise to call the bank to confirm before signing up for anything.

Interested individuals may need to visit the bank’s office to apply for an account. The high yield savings account requires an opening balance of at least $100. You may want to stay on or above the $300 line to avoid a monthly service charge of $10.

Like any other savings account, this one also limits take outs to six per month. It will cost you $10 for every transaction which will go beyond this transaction limits.

If you want to know more about their products and services you may want to call them through 626-821-9188. American Plus Bank Bank N.A. is a small bank with only one office located at 630 W. Duarte Road in Arcadia, California.

Although it is a relatively new financial institution Bankrate.com issued a 3-star rating for its soundness and safety based on their June 2009 collected data. BauerFinancial tagged the bank as a start-up.

American Plus Bank N.A. is insured by the FDIC with certificate number 58469.

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Posted on 29th December 2009 by admin in High Interest Savings Accounts

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