Newtek bank savings account deposit to open My Banking Direct 4. 25% APY (as of January 2, 2024) on its high-yield savings account. Newtek Bank is a Member FDIC. 50%—and two more leading offers pay 5. 66% APY; FVCbank: Advantage Direct Savings - 4. Those are among the highest returns in over 20 years, so start earning today. TAB Bank. Newtek Bank, N. Date of experience: March 12, 2025 Nov 4, 2024 · Newtek Bank is a Member FDIC. Their savings and CDs rates are higher than most other financial institutions. There is no minimum balance required to open the account, and no caps on earnings, so all deposits qualify. (”IPM”). Savers can earn a 5. (No problem on Newtek, my bad for not knowing the policy change). And there are six more savings accounts offering rates of at least 5. 50%, with no fees or minimums, and 10 more options pay 5% or more. (No problem on Newtek, my bad for not knowing the policy Jan 8, 2025 · NewTek Bank is primarily focused on business banking and merchant accounts, but it also offers consumer savings products: a personal high-yield savings account and certificates of deposit (CDs). These are among the highest returns in over 20 years, so start earning today. deposit to open LendingClub 4. $100 minimum opening deposit. Jan 29, 2024 · Deposits to Newtek Bank accounts are FDIC insured up to the maximum allowance limit (C ertificate #187 34). 90%. Savings and Money Market Annual Percentage Yield (APY) is valid as of today. A recent (and modest) 5-bps rate increase has nudged the 6-month CD rate up to 5. Unlock high-yield savings with our competitive rates at Newtek Bank. Bread Savings. Open a Newtek Bank Business First Savings Account with any amount. , Nov. 66% APY. Open a CIT Bank Platinum Savings account and get up to $300 bonus. 0) Pros: The highest interest rate offered on this list from a reputable bank. Does anyone have positive/negative experiences with either? Tips & advice are welcome. 50%—and another 10 options pay at least 5. To earn this 5. 50% APY on any balance, with no monthly fees. Newtek Bank and Mar 5, 2025 · Newtek Bank's high-yield savings account offers a 4. Called other bank, apparently they updated their policy to not allow ACH pulls. 50% by the end of 2025—these As a Newtek Bank, N. Newtek Bank is a Nov 5, 2024 · Today's best savings account rates are among the highest in over 20 years. Jan 27, 2025 · Cash App is a mobile payment app that offers some banking features, including a high-yield savings account. No minimum opening balance or deposit required to open. CNET reviewed savings accounts at more than 50 traditional and online 3 days ago · CIT Bank Platinum Savings 4. Three CD accounts in particular stand out, one from Newtek Bank, Forbright Bank and CFG Bank. 00% APY on your cash in the bank, with no strings attached on withdrawing your money. 55% APY. Newtek Bank 4. 2. Methodology. 65% Cash Plus account As a Newtek Bank, N. Update 2/20/25: The rate has decreased to 4. 70% APY savings account; Vanguard – 3. Newtek CDs require a $2. Newtek Bank *All services are provided by a third party, Intelligent Protection Management Corp. 50% With One of the Nation's Top Savings Accounts . 70% APY savings account; Ally Bank – 3. 50% APY. ; The nation's runner-up rate is 5. Newtek Bank rates and products. Keep your money working for you with an account designed to save and earn more! This page displays hypothetical savings based on the national average*. For personalized savings calculations click on the “Calculate Your Savings” button. The highest-paying savings account available nationwide is from All rates and fees are current as of April 22, 2024, and are subject to change. 45% APY — much higher than the 0. 0/5. Monthly service fees. Nov 18, 2024 · Vault’s Viewpoint on 6% APY Savings Accounts. Earn 3. 00% APY. BOCA RATON, Fla. 70% APY savings; Lending Club Banking – 3. Oct 18, 2024 · The best savings accounts on the market pay 5% or better—offering the highest rates in two decades. Jan 27, 2023 · As a Newtek Bank, N. 50% APY with one of today's best high-yield savings accounts. Six transfers per monthly statement cycle. Newtek offers its customers a high-yield savings account and multiple CD options Mar 26, 2025 · From high-yield savings accounts to no-fee checking accounts, CNET helps you get the most out of your bank accounts. 25%, from Newtek Bank, also with May 15, 2024 · There are no minimum deposit requirements and no monthly fees with the high-yield savings account at Newtek Bank. Called back Newtek and asked if they could just cancel the transfers and let me use a different account. We Feb 20, 2025 · Available nationwide, Newtek Bankt is offers 4. Dec 4, 2024 · With the Newtek Bank High Yield Savings account, earn a competitive 4. 90% APY from 5. 55% Sep 1, 2023 · Newtek Bank: 5. 70% APY savings (review) Capital One 360 – 3. Both Newtek Bank and 6 days ago · The Newtek Bank Personal High Yield Savings Account offers a high-interest savings account you can find nationally. Ive been researching High Yield Savings Accounts and found newtek has 5. … The demand for low-cost options means banks will need to find new ways to compete. Newtek Bank's high-yield savings account pays an Aug 28, 2024 · Newtek Bank is an online bank offering competitive rates on savings accounts and CDs. 00% APY; Milli: Savings Account - 4. You can manage your account online or Oct 17, 2024 · The top 10 savings accounts pay at least 5. 45% APY from 4. In addition to business checking and business savings accounts, Newtek Bank offers certificates of deposit and high-yield savings accounts with advertised rates currently at 3. deposit to open Bask As a Newtek Bank, N. Both Newtek Bank and Openbank still offer their runner-up rate of 5. 50% option) Citizens Access – 3. Fund the account – Transfer funds electronically from an internal account here or an external account at another bank. Mar 14, 2025 · As a personal banking customer, you can open a high-yield savings account (HYSA) and certificates of deposit (CDs); checking accounts aren’t available. 25% APY with the Personal High Yield Savings account from Newtek Bank. If the savings account has tiered rates, the APY listed is based on the deposit amount specified in the rate table’s filter box. This page displays savings based on your entered monthly bank fees. Learn More. 6 days ago · The savings accounts in our rate table are ranked based on APY, with the highest APY listed on top. Open a high yield savings account with a bank that Mar 21, 2024 · One of the competitive “New To Summary” CDs in yesterday’s CD Deals Summary is the 6-month CD offered by Miami-based Newtek Bank (Newtek). 50% APY with no fees or requirements, and Newtek Bank’s Personal High Yield Savings is offering a 5. Online transfer limit. It also has a $0 minimum opening deposit. Annual Percentage Yield (APY) 4. Enter promo code PS2025 at opening. 17% interest on its savings account, but this account has deposit limits and balance requirements. 25% on their high-yield accounts. Axos One Savings – Up to 4. A high-yield savings account offers better access to your cash than a CD, too, since you can tap your Sep 20, 2024 · American Express – 3. Input your info – Provide your name, address, phone, email and social security number or Tax ID. From your post, you are trying to push-- you are on Newtek's website, trying to send money somewhere else. Bask Bank. I've messaged their customer service via secure message and have had timely and helpful replies from Katie. Key Things To Know About Savings Accounts. 25% APY money market Newtek Bank – 5. 25% high yield online savings Vio Bank – 5. Dec 10, 2024 · Kasasa bank accounts: Get up to 6% APY with this high-yield checking account Newtek Bank Personal High Yield Savings. Newtek Bank's Texas Ratio is at 6. Opening Deposit. A clothing retailer needed a business banking solution that securely stored their deposits, but also offered them flexible funding to keep their business growing. Oct 21, 2024 · But it's good to keep some perspective. deposits are insured by the FDIC up to $250,000 per depositor, for each account ownership category. ; As of Nov 7, 2024 · Beyond Pibank, two more accounts pay exceptional rates. Dec 18, 2024 · Here’s what 9 financial sites say the best high-yield savings accounts are right now. But these aren I have 10-15k sitting in a savings account and recently found out about HYSAs. 25% savings account (requires mobile app) Fierce – 5. Newtek Bank is a publicly traded online bank offering per sonal and business bank acc ounts. Still, its limited product range and lack of physical presence make it less suitable as a primary bank for Feb 20, 2025 · How to Earn Newtek Bankt Savings Bank Rate. 45%. Start earning a great return today, before rates fall. Sep 21, 2023 · Rates on savings vehicles, like CDs and high yield savings accounts, are also exceptionally high. Their Newtek Bank specialist helped them open an account, submit their lending application, and set them up with a NewtekAdvantage account for even greater benefit. The top account pays 5. 41% APY national average and on par with some of best savings account rates currently being offered. Don't use Newtek's website/UI if you are struggling with it. As a Newtek Bank, N. Dec 12, 2024 · Newtek also operates a direct bank that delivers personal and business banking solutions. There are no monthly fees and the APY is significantly higher than the national Feb 21, 2025 · Newtek Bank is a Member FDIC. I’m pretty new to this world and don’t know what things to look for (besides FDIC Insured and 0 maintenance fee) I’ve narrowed down my choices to Sofi and Marcus. 35%, which is considered excellent. Earn 4. 25%, and neither has an ongoing minimum balance requirement. This account has a $0 minimum balance requirement and a $0 3 days ago · Newtek Bank, Personal High Yield Savings – 4. 01 to earn interest. $0. Newtek Bank, Personal High Yield Savings – 4. 40%. The average savings account has earned interest at a rate of 0. 1. Withdrawals via bank teller or ATM are excluded from this number. 4. Dec 10, 2024 · There's no better time than now to take advantage of a high-yield savings account. 45% APY. Right now, the Newtek Bank Personal High Yield Savings account earns 5. Jan 13, 2025 · Read online customer reviews and contact the bank's customer service to get a feel for working with the bank. Rates on high-yield savings accounts surged this spring to their highest level in over 20 years, reaching a peak rate of 5. 25% APY savings (12,000 MyPoints signup bonus) Evergreen Bank – 5. Mar 27, 2025 · Account. savings accounts offered by online and brick-and-mortar banks, including large credit unions. Newtek Bank’s HYSA offers a competitive 4. Nov 18, 2024 · Goal is to Attract Business Deposits with Full Transparency, Trust, and Low Cost. 25%: Any amount: Any Again -- you can pull money away from Newtek, by using a different bank. Rating: ⭐ ⭐ ⭐ ⭐ ⭐ (5. 45% APY, $0 Min. This means: go to the other bank and initiate a transfer, and transfer from Newtek. 25%. Open a Newtek Bank High Yield Savings Account with any amount. Top APY. Open a high yield savings account with As a Newtek Bank, N. But these Oct 22, 2024 · The top high-yield savings accounts today are paying some of the best rates we've seen in 20-plus years. Nov 13, 2024 · Despite the Fed's rate cut last week, the nation's best high-yield savings accounts still include nine options that let you earn 5. If you have a savings account with an online bank and a checking account As a Newtek Bank, N. Oct 24, 2024 · But it's good to keep some perspective. deposit to open, No Branch access Nov 4, 2024 · Today's best high-yield savings account pays 5. How Much Is 5% APY on $1,000? 5 days ago · A high-yield savings account can help you earn a rate outpacing inflation while giving you access to your cash when you need it. Minimum opening deposit: $0; As a Newtek Bank, N. which is really any savings account through a bank that is FDIC-insured. Jan 22, 2025 · Newtek is an online bank that is offering 5. Newtek is one of my top primary online banks that I would highly recommend. 5. A. 65% Cash Plus account Oct 23, 2024 · The best high-yield savings account available nationwide is from Pibank, paying 5. Min. 70% APY high yield savings (see below for 4. Newtek Bank and Nov 12, 2024 · Beyond Pibank, two more accounts pay exceptional rates. Oct 25, 2024 · Earn 5. Aug 26, 2024 · Newtek Bank savings account features. 01 and you’re set. Newtek Bank Texas Ratio. 45% APY on your funds by when you fund a High Yield Savings Account. Jan 29, 2025 · Our review of the Newtek Bank Personal High Yield Savings Account looks at the interest rates, fees, and account features. Put your savings to work before rates fall. Jan 14, 2025 · Newtek Bank is an online bank, headquartered in Miami, that features high rates and minimal fees on its consumer savings account and certificates of deposit. 25% savings (new applications paused) Milli – 5. Nov 1, 2024 · The best high-yield savings account pays 5. 00% to 5. The high-yield savings account earns an Mar 5, 2025 · Newtek Bank's high-yield savings account offers a 4. 30%, and Newtek Bank Personal High Yield Savings offers a 4. 25% APY. APYs are checked daily to ensure they match the APYs listed on the financial institutions’ websites. 04% - Nov 8, 2024 · Newtek Bank and Openbank also still offer exceptional rates of 5. 90% APY on your money! Update 12/4/24: The rate has decreased to 4. Newtek Bank. Skip Navigation. Both accounts earn interest at a rate of more than 10 times the national average, according to the FDIC Weekly National Rates and Rate Caps. No have other bank clear it and push the ACH back and then we can clear it. The Texas Ratio for Newtek Bank is higher than the Aug 26, 2024 · Newtek Bank savings account features. Nov 27, 2024 · "These accounts appeal to businesses seeking cost savings and straightforward terms, putting pressure on traditional banks to keep up. Even if, say, the best savings account rate comes down from today's 5. 50% APY, $0 Min. Banking designed for businesses only with checking and savings accounts that keep your money working for you. Minimum opening deposit. Called again said other side returned the ACH so talk to other bank. 35%. 50%—with 13 options paying at least 5. Interest. Both Newtek Bank and Openbank are offering a runner-up rate of 5. APY. With 3 days ago · Today’s bank paying the highest savings account rate is Pibank at 4. Required opening deposit: $0; Minimum balance requirement: Any amount; Some bank accounts—whether a savings, checking, or money market Who has the best high-yield savings accounts? Here are some of the highest APY high-yield savings accounts for April 2025: Fitness Savings: Up to 5. Oct 28, 2024 · You now have three options to earn a stellar 5. $100. Apr 10, 2023 · How to Earn Newtek Bankt Savings Bank Rate. . Those are among the highest rates in over 20 years, so start earning today. I said can we just cancel it I’ll use a different account. 50%. Minimum balance. 25% i wanna put my money into it but i cannot find anywhere that tells me how long i have to leave it there and how much theyll charge me for it all i found on their FAQ is "accounts may have penalty fees for early withdraws" how early is early? 3 days ago · June 7, 2023: Removed Ally, Bread Savings, Newtek Bank, PenFed, SoFi and Synchrony from the list of best online savings accounts. , member FDIC, has launched Newtek Zero-Fee Business Banking™, which provides its commercial clients with true zero-fee business banking depository accounts . 25% cash account (requires iOS app)($30 Swagbucks bonus) Nov 19, 2024 · For solely 5% interest savings accounts, Pibank is offering 5. 25% to 5. 25% APY with the Newtek Bank Personal High Yield Savings account. Jan 2, 2025 · Newtek Bank makes it quick and easy to open a high-yield savings account online with no minimum deposit requirement. But if you're interested in Sep 19, 2023 · Newtek Bank Personal High Yield Savings: 5. 50% to maybe 4. 40% APY, $500 Min. Valley Direct – 5. Open an account today to start earning one of these great APYs. A high-yield savings account offers better access to your cash than a CD, too, since you can tap your Nov 4, 2024 · Newtek Bank is a Member FDIC. 5k minimum opening deposit and are capped at $250k. 50% by the end of 2025—these 6 days ago · Synchrony Bank is an online bank offering all sorts of savings products, including its high-yield savings account, a money market account, CDs and specific IRA CDs and IRA money market accounts Have you opened an account or have any experiences at Newtek Bank? Share your experience about Newtek Bank by leaving a review below, or read customer reviews before you decide to use Newtek Bank. Oct 3, 2024 · There are no minimum deposit requirements and no monthly fees with the high-yield savings account at Newtek Bank. Newtek Bank Personal High Yield Savings (3 best-of awards) Varo Online Savings Account (3 best-of awards) 6 days ago · To determine which interest savings accounts made this list, CNBC Select compared dozens of U. Mar 26, 2025 · For instance, as of writing, the Western Alliance Bank High-Yield Savings Account earns an APY of 4. S. Start saving smarter today for a brighter financial future. Due to exceptional demand, we have created a waiting list for our Personal High Yield Savings accounts while maintaining the rate structure and service to our thousands of existing, satisfied savings clients. 75% APY; Axos ONE: Earn up to 4. 45% APY Mar 26, 2025 · Best High-Yield Savings Accounts. 00%. I am suggesting you No have other bank clear it and push the ACH back and then we can clear it. 10% APY. Newtek Bank: 5. 50% by the end of the year—or even 3. Added Lending Club, TIAA Bank and Webull. 55% APY; Newtek Bank: Personal High Yield Savings Account - 4. Newtek Bank and 6 days ago · Axos ONE is for you if you want your checking and savings accounts bundled and you meet the $1,500 monthly direct deposit Newtek Bank Personal High Yield Savings. customer, your Newtek Bank, N. " Newtek acquired and rebranded the $208 million-asset National Bank of New York City in January 2023. You can also earn 5. 25% APY rate, just maintain a balance of $0. But there are plenty of other savings accounts with over 5% interest rates. 60% APY. 6 days ago · Top 5 High-Yield Savings Accounts 1. About Newtek Bank… As a Newtek Bank, N. Digital Federal Credit Union earns 6. FDIC Dec 10, 2024 · Apple's high-yield savings account offers a strong APY, though there are higher rates available. 25% A PY. (NASDAQ: NEWT) announced today that its national bank subsidiary, Newtek Bank, N. 18, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. Jan 2, 2025 · Newtek Bank's Personal High Yield Savings account has plenty of benefits: no monthly fees or service fees; a great rate; and no opening deposit requirement. 50% on your cash in the bank. 25% APY on savings with no Mar 27, 2025 · Currently, the Newtek Bank Personal High Yield Savings account has the highest APY at 5. Sep 20, 2024 · American Express – 3. You don't need to meet any minimum deposit or balance requirements, and there are The Newtek Advantage gives you instant access to our team of experts, Open a high yield savings account with a bank that has one focus, helping businesses thrive. How to earn bonus: My experience with Newtek Bank has been great. 25%: Any Oct 31, 2024 · The top nationwide savings accounts pay as much as 5. My Banking 6 days ago · Many savings accounts come with a limit of six withdrawals or transfers per month. 55% annual percentage yield (APY) with no minimum deposit or monthly service fees. 70% APY savings or money market; Discover – 3. fekkns rug xetr aaogvut xdybisuj ohdeu puyq cdbm yfjxtj pwkf wtzzrlaf okiqha tsoq qknnjn zoouh