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The Prime Alliance Bank Personal Savings account should be a contender for anyone who wants a competitive APY and few fees or restrictions. This in-depth Prime Alliance Bank Personal Savings review covers the essentials so you can figure out if it's right for your needs.
Prime Alliance Personal Savings
Competitive APY: The Prime Alliance Bank Personal Savings account offers one of the more competitive APYs we've come across at 0.80%. But keep in mind that it's not as high as the best online savings accounts.
No monthly maintenance fees: You won't pay a monthly fee to own a Prime Alliance Bank Personal Savings account, no matter what your balance is. Maintenance fees can eat into your profits, so this account is a good fit for those who don't want to worry about this.
No minimum balance requirements: You can keep as much or as little money as you'd like in your Prime Alliance Bank Personal Savings account, though you need at least $1 in order to earn interest.
Bank from anywhere: Prime Alliance Bank doesn't have any physical branches, but its Personal Savings account comes with online and mobile banking tools, including mobile check deposit, so you can manage your account from anywhere.
ATM cards: The Prime Alliance Bank Personal Savings account doesn't come with ATM cards or any other way to directly withdraw cash, which is not unusual for an online savings account. If you have a Prime Alliance Bank checking account, you can instantly transfer your savings there and then use your checking account debit card to get your cash.
You can access the funds in your Prime Alliance Bank Personal Savings account in the following ways.
Prime Alliance Bank enables customers to deposit money using any of these methods:
If you'd like to use mobile check deposit, you will have to download Prime Alliance Bank's mobile app for iOS or Android devices.
You can withdraw your money using one of these options:
There is a limit of $50,000 per external transfer initiated through Prime Alliance Bank's website and a $250,000 monthly transfer limit. If you need to initiate a larger transfer, contact Prime Alliance Bank.
Rating image, 4.50 out of 5 stars.We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. 4.50/5
Rating image, 4.00 out of 5 stars.We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. 4.00/5
|Min. to earn APY||$100||$1|
The Prime Alliance Bank Personal Savings account is a great fit for anyone looking for a high APY with no monthly fees. As long as you don't need to quickly withdraw cash directly from your savings account, you should be pretty happy with the Prime Alliance Bank Personal Savings account.
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