WebBank High-Yield Savings Account, Earn 1.51% APY Nationwide

Update 3/16/2020 – Rate lowered to 1.51% APY.

Update 11/1/2019 – Rate lowered to 1.95% APY.

Update 8/12/2019 – Rate lowered to 2.20% APY.

WebBank has a High-Yield Savings Account that offers one of the best rates for large amounts of money. And it doesn’t require any monthly activities. Open a WebBank High-Yield Savings Account and earn a 2.50% APY. The offer is available nationwide. Here’s the details of the offer:

  • No monthly fee $1,000 minimum balance
  • $500,000 initial funding limit
  • Initial funding must be via electronic funds transfer
  • FDIC-insured

WebBank High-Yield Savings Account

Offer Terms

  • The stated Annual Percentage Yield (APY) is current as of 05/22/2019 and may change at any time without notice.
  • If your account balance falls below $1,000 minimum balance amount, your Savings Account will be closed and the balance of the funds remaining in the Account will be returned to you in a manner deemed appropriate by us.
  • Service fees may apply for outgoing wire transfers and paper statement requests.
  • FDIC-insured up to $250,000 per depositor per ownership category.
  • Available nationwide

Guru’s Wrap-Up

This matches the best rate available fo large amounts with no monthly activities required. You can check other high yield accounts here.

Account Details

  • Offer Page
  • APY: 2.20%
  • Min/ Max Amount: Minimum $1,000. Maximum $500,000 or maybe more.
  • Inquiry Type: Soft
  • ChexSystems Pull: Yes
  • Credit Card Funding: No
  • Requirements: None
  • Monthly Fee: No


Let me know if you come across any other high interest account? Email me, so we can share it with other readers!

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