huntington bank ira cd saving interest rate

There's a minimum of $25 required to open a checking account. Finally, you must make 15 or more debit card purchases that post and settle during the statement cycle. You also need to enroll in e-statements and receive them for the eligible statement cycles. For one, you must log into your OnPath online or mobile banking account one or more times per statement cycle. You'll need to meet a few qualifications to be eligible. You'll earn the up to 7.00% * APY on balances up to $10,000 (balances above $10,000 will earn 0.50%). OnPath Credit Union is offering up to 7.00% * APY on its OnPath Rewards High-Yield Checking Account. However, two financial institutions are paying at least 7% APY on checking accounts: Landmark Credit Union Premium Checking Account, and OnPath Rewards High-Yield Checking. There are not any banks offering 7% interest on a savings account right now. Which bank gives 7% interest on a savings account?

CIT Bank Platinum Savings: 5.05% (with $5,000 minimum balance) APY.

Valley Direct High Yield Savings Account: 5.25% APY.

Customers Bank High Yield Savings Account, powered by Raisin: 5.30% APY.

BrioDirect High-Yield Savings Account: 5.35% APY.

Savings accounts offering at least 5% are considered competitive. Is a 7% savings account worth it? Learn more about how a 7% interest rate savings account works, and whether you should bother opening an account with such a high rate.įeatured Nationally Available High-Yield Savings Account and CD Rates The average interest rate on a savings account is 0.43% APY ( Annual Percentage Yield), but many institutions are paying significantly higher rates - and two are even paying over 7% interest.

Plenty of high-yield savings accounts pay over 5% APY on your total balance without making you jump through hoops.īanks have been increasing their savings rates for well over a year now.However, these are both checking accounts with limitations on eligible balances. Two credit unions pay over 7% APY on accounts right now: Landmark Credit Union and OnPath Rewards High-Yield Checking.

Huntington bank ira cd saving interest rate