Provident Direct - High Yield Savings
Category: Bank Deals- gotalkmoney.com- 2:33 pm/ March 17, 2008If you’re a current subscriber to gotalkmoney.com and you’ve noticed that Provident Direct bank isn’t on the top ten money market list, there are a few reasons why. The bank just started this rate and you should know by now, money market rates aren’t fixed, they can change anytime and this may be a promotional move to get more customers in the door. Once they reach their quota, they may drop the rate significantly. If this doesn’t scare you off, I’ll highlight what this savings account is all about.
As of 3/14/2008, the rate is 4.50% APY (the highest I can find online)
Up to 6 withdrawals per month
A $25 fee if you close your account within 180 days.
The minimum deposit is $1. This makes it great for everyone.
The bank IS FDIC insured.
Provident bank has been in business for over 120 years and has over $3 billion in assets so you can rest assured that the bank is indeed legit. If you’re looking to get a decent rate on your money, either contact the bank at 1-888-top-bank or visit their main website.
- 6 Month CD %
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- 30-year Fixed Mortgage 3.60 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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If you know of any bank deal that we haven't featured on our blog yet, we would love to hear from you.
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