Additional information of Savings account
The highlight of Woodforest Bank's Savings account is the ease of eligibility and the fact that you can apply for it at your preferred agency. All you need is to be of legal age and deposit $25 to enjoy what it has to offer, which includes up to three monthly withdrawals free of charge.
You may be interested in: CIT Bank Savings Accounts
This basic savings account comes with a $3 monthly fee that you can avoid if you maintain a daily balance of $200 during the statement cycle. As far as interest is concerned, the maximum rate you can get is an APY of 0.05% if you have a balance of $10k or more. Below this amount, you get an APY of 0.03%.
Like other savings instruments you know, the Savings account includes a debit card to streamline your transactions. You can use it at no cost at their network of 850+ ATMs or at their 700+ branches in 17 states in the Midwest. There are other advantages related to this product:
- Mobile and online banking
- Digital statements
- Daily balance notification via email
If you want this bank to provide you with paper statements and quarterly statements, there is a $3 fee. If you exceed the monthly withdrawal limit of 3, each additional transaction costs $2. There are also fees for using the debit card at POS and ATMs applied by owners or operators.
Español: Cuenta de ahorros Savings de Woodforest National Bank