Author Topic: Whats the name of the Online Saving Account Bank with a 5% interest rate?  (Read 1577 times)

OneCoolCat

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I thought it had the word apple in it?  The 5% was only for the first $5k.

Elle 8

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Re: Whats the name of the Online Saving Account Bank with a 5% interest rate?
« Reply #1 on: December 01, 2015, 06:04:09 PM »
Mango

Melissa

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Re: Whats the name of the Online Saving Account Bank with a 5% interest rate?
« Reply #2 on: December 01, 2015, 06:12:52 PM »
It is Mangomoney.com and it is up to 6% on the first $5000 and then 0.10% after that.  You also need to have a minimum of a $500 direct deposit each month.  They offer a fall-back Annual Percentage Yield of 2.00% for those accounts not meeting the minimum $500 dollar direct deposit threshold. I haven't used it personally but I did check it out just this weekend

Bearded Man

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Re: Whats the name of the Online Saving Account Bank with a 5% interest rate?
« Reply #3 on: December 01, 2015, 06:21:47 PM »
I thought it was capped at the first few hundred or thousand dollars when I saw it in another thread. I asked about it but didn't see a response. I wonder if people realize these have a cap. The lady at WAMU (when they existed) tried to get me to sing up for one of those 5% deals and I read the fine print on the nomenclature; it was 5% on the first $500 dollars. I wonder how many people they get with that...



themagicman

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Re: Whats the name of the Online Saving Account Bank with a 5% interest rate?
« Reply #4 on: December 01, 2015, 06:25:29 PM »
I signed up for the net spend account and have liked it so far. 5% on your first $5,000 and there are no requirements (Debit card purchases or direct deposits). I signed up and receive $20 for depositing $40. If anyone wants to use my referral link then we will both receive $20 after you deposit $40!

www.mynetspendcard.com/?uref=6142190815