ShoreBank has lowered its Online High-Yield Savings Account rate to 1.95% APY from its previous rate of 2.15%. There are some definite perks to this account, even though the rate has dropped some (the rate is still very competitive, by the way).
Some continued benefits of the account include:
- 6 free transfers or automatic debits per monthly statement cycle
- Your transactions and statements are easily accessible since it is online.
- Link up to 6 bank accounts to your ShoreBank online high-yield savings account.
- FDIC insured
The minimum to open the account is still just $1 dollar and there are no monthly fees!
>> Savings Account Special Rates
Other Terms and Conditions may apply to this offer – please contact the financial institution to review.
