Peoples United Bank provides financial solutions and satisfies the needs of every customer. Every dollar invested in any of the People’s United Bank high yield savings account pulls its weight. The experienced financial advisers provide investment plans to meet the needs of the investors and to help them reach their financial goals. The People’s United Bank savings account rates are competitive and trusted by investors to fulfill their financial needs. Here is a review on the People’s United savings account rates.

There are two schemes offered by People’s United Bank. The first kind is the Plus Savings account. In this account, there is no minimum balance required. The current People’s United savings account rates are 0.30% APY.

The other scheme is the Plus Money Market account where the interest rate is 0.30% APY for a balance of $0 to $2499.99. It is 0.40% APY for a balance of $2500 to $9999.99. People’s United savings account rates for a balance of $10,000 to $24,999.99 are 0.65% APY. For a balance of $25,000 to $49,999.99, the interest rate is 0.75% APY. For deposit amounts from $50,000 to $99,999.99, the savings account rates at People’s United Bank are 0.85% APY and for deposits of $100,000 or more, the interest rate is .0.90% APY.

Anybody can easily open a Plus Savings or a Plus Money Market account People’s United Bank. It is also easy to transfer amounts from Plus Savings or a Money Market account through phone, ATM or at any branch. These reasonably high interest savings accounts provide interest on the basis of the balance available in the account. Interest rates are higher as the balance grows.