Product Information
- $1 minimum to open account and earn the top yield
- Interest is accrued daily and compounded monthly
- If you close your account before interest is credited, you will lose the accrued interest
- No ATM cards or checks
- Application process is all online
- Allows up to 6 linked accounts
- CSR wasn't sure if the credit check was hard or soft. ChexSystem is also used in the application process.
- Beneficiaries cannot be added
- Your initial deposit will be available for withdrawal within 3-4 days after you confirm the two trial deposits to verify ownership of the linked account
- Subsequent deposits from your linked account will be available for withdrawal the day we receive your deposit (generally 2-4 days after the transfer was initiated)
- Funds transfered to a linked account will appear in 2-4 days (according on FAQ)
- Online statements are the default
- Paper statements available with a fee