Provident Bank is offering a 3.01% APY savings account rate. The 3.01% APY is a "Power Savings" account and applies to the first 90 days from when the account is opened. The savings account description is as follows after the initial 90 days:
- For any balance that is between $50 and $9,999.99 the account will earn a 1.75% APY.
- For any balance that is over $10,000 the account will earn 2.25%
The Great Savings Account Perks are:
- Easy FREE online access with no fees or charges
- No term for locking in the high interest rates
- The Savings Account is available nationwide
The Power Savings Account requires a minimum of $50 to activate the account. Any balance under $50 will not earn the interest rates mentioned above. This account is only available for consumers and not businesses.
For more savings account rates check our other great Rates on Go Banking Rates.