Smarty Pig – SmartyPig Savings
Minimum deposit to open:
$25
Product Info:
- Free to open, no minimum balance
- Set up a savings goal and contribute towards your goal whenever you have some extra cash
- Get friends, family, relatives to help you with your goal
- Once you’ve reached your goal, you have three unique redemption options
- You may put all of your savings plus interest on the flexible SmartyPig MasterCard® debit card, have it sent back to your bank, or receive up to a 12% cash boost on your savings by placing it on a retail card like Amazon.com, Best Buy, Travelocity or Macy’s
- You can even parse your savings among the three, splitting up your cold, hard cash as you see fit
- A minimum deposit of $25 is required to start and maintain a savings goal
- SmartyPig accounts are held at West Bank and are insured by the FDIC to the full legal maximum
- There is a maximum deposit limit of $50,000 in a 24-hour period to any savings goal, including contributions made to other SmartyPig account holders' savings goals
- The minimum recurring monthly contribution is $10 and the maximum recurring monthly contribution is $50,000
- Interest begins to accrue once the funds have been received by SmartyPig and have posted to your account
To find out more, visit
Smarty Pig's website.
Current Rates
| Min Deposit | Max Deposit | APY |
| $25 | $250,000 | 0.70 % |
Rates last updated: 2/8/2012