Savings Accounts
Bank of Internet: Money Market, High Yield & Advantage Savings
January 28, 2010 by caroline · Leave a Comment
“Bank of Internet exists to help you save time and money.”
Bank of Internet offers standard banking and loan services entirely over the Internet cutting the cost of a branch network.BOI is able to offer competitive and often higher rates because they do not incur branch expenses.
Bank of Internet Advantage Savings
1.550 APY
This account is for those seeking a deeply competitive rate. $100 minimum deposit to open the account. No minimum balance required. ATM card included. FDIC insured.
Bank of Internet High Yield Savings
1.65 APY
BOI suggests that you open this account with a checking account for added transfer convenience. This account is for those that want an easy, no-hassle savings account with no fees or balance stipulations. $100 minimum initial deposit ATM card available. FDIC insured.
Bank of Internet Money Market Savings
1.60 APY
This account is for those seeking a competitive rate. $100 minimum deposit to open the account. No minimum balance required. ATM card included. FDIC insured.
Rates are subject to change. These rates were updated January 29, 2010.