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Top savings account: Bank5 Connect – High-Interest Savings

Matthew Goldberg
Written by
Matthew Goldberg
Published on January 14, 2020 | 1 min read

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Courtesy of Bank5 Connect

The Bank5 Connect High-Interest Savings account earns a second-tier annual percentage yield (APY) according to Bankrate’s research. Currently, the savings account earns 1.85 percent APY.

However, the account scored well for its low minimum opening deposit and no monthly maintenance fee. You only need $10 to open a Bank5 Connect High-Interest Savings account.

You can request to receive an ATM card for your High-Interest Savings account.

Bank5 Connect is a division of BankFive.

They also offer a High-Interest Checking account that was named one of Bankrate’s Best Banks for Checking. Its CDs also offer a competitive APY.

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Written by
Matthew Goldberg Arrow Right Icon
Former Senior Consumer Banking Reporter
Matthew Goldberg is an award-winning writer who has been in financial services for more than 14 years. He uses his banking experience to help inform readers as they make important personal finance decisions.