Citibank Savings Account Rates

The current Citibank Savings rates are from one of the largest and most trusted names in banking from America. This bank first opened their doors in 1812 as the City Bank of New York. Today, it has over 1400 offices in 100 different countries around the world.

The Citi Savings rates can be obtained by opening the Day to Day Savings account. This savings account requires a minimum deposit of $100. To avoid the monthly maintenance fee, a minimum balance of $500 must be maintained in the account for the entire month. This is an ideal account for those of you looking to open a savings account with a small minimum deposit. This account is earning an APY of 0.05% on all balances.

The Citi Bank Money Market rates can be obtained by opening the Citibank Savings Plus Account. The minimum deposit required to open this account is $100, but a $20 monthly maintenance fee is charged to all accounts that have a monthly balance less than $15,000. This is also the best Savings account rates now being offered by Citibank. It is set up in a tiered format, with minimum balance levels of below $10,000, $10,000, $25,000, $50,000, $100,000, $500,000, and $1,000,000. The corresponding APYs are 0.05%, 0.20%, 0.30%, 0.30%, 0.35%, 0.40%, and 0.40%.

Both savings accounts from Citibank give you access to your account information online. The Citibank Savings Plus Account also gives you the ability to pay your bills online. The only restriction is that this account is limited to 6 withdrawals a month. Each additional withdrawal, which includes their paying of a bill, has a surcharge.

This is what the current Citibank savings account has to offer its customers. All savings rates were posted on May 16, 2012, but are subject to change without notice.

CIT Bank Savings Account Rates

The CIT Bank Savings rates are from the New York City bank that was founded in 1908. The name comes from Commercial Investment Trust, and has commercial clients in 30 different business sectors across America. This is the lender to mainly small and medium size organizations doing business in America.

The CIT Savings rates have two different levels in which you can take advantage of. There are the standard savings accounts that are earning an APY of 0.85%. This is on all balances from $0 to $24,999.

The best Savings account rates are from the preferred status for customers that maintain a minimum balance of $25,000 in their savings accounts. This account is earning an APY of 0.90% on all balances above $25,000.

Both of these types of savings account have no monthly service fee. Also free with this service are online transfers, mail checks, incoming wire transfers, and account closures. For those with a standard savings account which have a balance below $25,000, there is a $10 fee for outgoing wire transfers.

To open either account is free of any charges or fees. The only one with a condition is from the preferred savings account, which requires a minimum balance of $25,000. If you open a standard savings account with CIT and the balance exceeds $25,000 in time, then it is automatically changed to a preferred status and your APY will increase.

At this time, there are no CIT Bank Money Market rates to talk about because this type of account is not available.

All of the CIT Bank savings account rates were posted on May 11, 2012, but are subject to change without notice.

 

Chase Bank Savings Account Rates

The Chase Bank Savings rates are from the same financial giants most Americans already know about. This is a bank that was founded in 1799, by Aaron Burr. Since that early beginning, it has merged with many other financial institutions to become one of the large four banks in America.

At this time, there are two different types of savings accounts you can have with Chase Bank. The first Chase Bank Savings account rates are from the Chase Savings account. This is earning an APY of 0.01%. This savings rate is good for all balance amounts. The minimum deposit required to open this account is $25.

To avoid the monthly service fee in this account, you must maintain an account balance of $300, or have an automatic deposit of $25 entered into the account each month, or be under the age of 18.

There are no Chase Bank Money Market rates but there is a Chase Plus Savings Account that currently has the best Savings account rates being offered by Chase Bank. These savings rates are set up in a tiered format. The minimum balance amounts are $0, $10,000, $25,000, $50,000, $100,000 $250,000, $500,000, $1,000,000, and $5,000,000.

For those accounts that have a relationship with a Chase checking account, the APYs are 0.10%, 0.15%, 0.20%, 0.25%, 0.25%, 0.30%, 0.30%, 0.30%, and 0.30%, respectively.

For the Chase Plus Savings account without a relationship with a Chase checking account, the APYs are 0.05%, 0.05%, 0.05%, 00.10%, 0.10%, 0.10%, 0.10%, 0.30%, and 0.30%, respectively. This account requires a minimum deposit of $100 to open but there is no monthly service fee.

The Chase Savings rates were posted on May 2, 2012, but are subject to change without notice.

Central Pacific Bank Savings Account Rates

The Central Pacific Bank Savings rates are from the 50th state in the union, Hawaii. They were founded in 1954 by a small group of US veterans living on the islands. Today they are the 4th largest bank in the islands and have 39 branch offices located there.

There are a total of 3 types of savings account at Central Pacific Bank. The Starter Savings account requires a minimum deposit of $10 to open the account. With a minimum balance of $25, there is no monthly service fee. The savings rate is an APY of 0.03% which is compounded daily.

The personal savings account required a minimum deposit of $100 to open the account. To avoid the month service fee a balance of $300 must be maintained. This account is earning an APY of 0.03% and is compounded daily.

The Exceptional Savings account offers the best Savings account rates. This is set up in a tiered format with minimum balances of $1, $20,000 and $250,000. The associated APYs include 0.05%, 0.08% and 0.10%. If you do not make any withdraws during the month, then the APYs are given an added bonus also set up in a tiered format with minimum balances of $1, $10,000, $25,000 and $100,000. The associated APYs are 0.09%, 0.10%, 0.13% and 0.17%.

There are also the Central Pacific Bank Money Market rates that are referred to as the Super Savings Accounts. They are set up in a tiered format with minimum balances of $1, $10,000, $25,000 and $100,000. The corresponding APYs are 0.05%, 0.06%, 0.09% and 0.13%.

The Central Pacific Savings rates were posted on April 23, 2012 but are subject to change without notice.

Cathay Bank Savings Account Rates

The Cathay Bank Savings rates are from a financial institution that opened its doors in LA in 1962 to help the Chinese-American community with their financial needs. Today they service the entire community along with 6 other states.

There are three different types of saving account being offered by Cathay bank. This includes the Student Savings, Regular Savings and Security Savings accounts. Each one is earning an APY of 0.05% on the balances in the accounts. The minimum deposits required are $10, $100 and $300 respectively. The interest is compounded daily and credited to the accounts quarterly.

The Cathay Bank Money Market rates are set up in a tiered format. The Smart Money Market has minimum balance levels of $0.01, $10,000, $25,000, $50,000, $100,000, $300,000, $500,000, $1,000,000 and $3,000,000. The corresponding APYs are 0.05%, 0.05%, 0.10%, 0.15%, 0.20%, 0.30%, 0.45%, 0.50% and 0.60%. There is a $5,000 minimum deposit required to open this account.

The best Savings account rates are from the Optima Money Market Accounts. This is also set up in a tiered format with minimum balance amount of $0.01, $100,000, $300,000, $500,000, $1,000,000, $3,000,000 and $5,000,000. The corresponding APYs are 0.05%, 0.30%, 0.40%, 0.50%, 0.60%, 0.70% and 0.70%. The minimum deposit required to open this account is $100,000.

For all of the money market accounts the interest is compounded and accredit to the accounts monthly.

All of the savings accounts are accessible by the Cathay online banking services except the Student Savings account.

The Cathay Savings rates were posted on April 21, 2012 but are subject to change without notice.