The Momentum Savings Account at Ridgestone Bank is available at a very impressive 2.50% APY. This rate is very rare to see these days; even more so because it can be earned for as little as $2,500. Here is a breakdown of the account’s rate tiers:
- 2.50% APY – balances of $2,500 to $49,999.99
- 1.00% APY – balances of $50,000 and over
- 0.25% APY – balances up to $2,499.99
In order to earn interest, you must also open a checking account and post a $100 transfer from it to your savings account. The rate is listed on the bank’s website; however, it may vary by location.
Other Terms and Conditions may apply to this offer – please contact the financial institution to review.
