Zions Bank is offering a high yield online savings account at a rate of 2.10%APY. The offer is available exclusively online with no monthly fees.
The high yield online savings account requires at least $100 as opening balance. In addition, in order to obtain the high yield APY, the balance must be equal to or more than $1,000. In other words, balances less than $1,000 will not be able to get the high yield online savings account rate.
If you are interested in opening an account with the bank, pay attention to its policy with regards to withdrawals. Here is the bank’s policy with regards to withdrawals:
- No more than six transfers can be made during each thirty (30)-day statement cycle by pre-authorized transfer, automatic transfer, or telephone transfer. Of these six (6) transfers, no more than three (3) may be by check, draft, or debit card.
- You may make an unlimited number of withdrawals from your account in person, by ATM, or by mail or messenger.
- Telephone Transfers in excess of 3 per month will be assessed a $3.00 fee.
- $3 fee for withdrawals at teller window.
The variable rate is effective as of April 6, 2009 but may change once the account is opened.
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