SmartSavings Direct Rate Lowers to 1.55% APY – Bank of American Fork in Utah

Posted in Local Banks , Rates , Savings Account

Bank of American Fork has lowered its SmartSavings Direct top tier rate to 1.55% APY. The previous rate was 1.60%. The current breakdown of tiers is as follows:

  • 1.55% APY – $250,000 +
  • 1.50% APY – $1,000 – $249,999.99
  • 0.50% APY – $10 – $999.99

A minimum opening deposit of $10 is required. No monthly maintenance fees apply. 3 withdrawals and 6 pre-authorized withdrawals allowed per month (account will be charged a fee for the exceeding limit).
The SaveSmart Direct account is available to Utah residents. Apply online today.

>> Savings Rates

Other Terms and Conditions may apply to this offer – please contact the financial institution to review.

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