Select the down arrow above for more options. Please refrain from including personal or confidential information when initiating an email to Radius. Account Type 1. … Your deposits are FDIC-insured up to the highest possible amount allowed – $250,000. Commercial is defined as our Commercial, Institutional, Municipality, API Banking, Escrow, and Cannabis Banking business clients. Settling for the lower … Minimum Balance To Open. With assets of approximately $1.4 billion, Radius Bank is a forward-thinking virtual bank offering a full complement of leading-edge personal and business products and services. Online subscription payments may not be considered signature-based purchases. Rates may change after account is opened. “I want to earn more”. The “credit” option is most often pre-selected when making purchases online using a debit card. No minimum balance. First and foremost, we need to talk about their interest rate. If you kept your money in Radius Bank’s savings account, your money grows at least 100 times faster. The High-Yield Savings Account works a lot like Radius Bank’s checking accounts, except that it pays a much higher rate of interest. $10. Rates start at 0.25% APY for 3 months and go up to 0.5% APY for 5 years, as of August 20, 2020. Rewards Checking. We may require you to provide documentation to validate that certain purchases are Qualified Purchases. 0.25%. Radius bank splits their interest … Signing up for a Radius Bank account is quick and can be done via the website or the app. Radius is one of the fastest growing banks in Massachusetts, and is currently the 39th largest bank … Rate tiers are as follows: 0.00% APY applies to balances of $0.01���$2,499.99,��0.10% APY applies to the entire balance on balances of $2,500.00���$99,999.99, and��0.15% APY applies to the entire balance of $100,000.00 or more. We have made an update to our login experience for business banking customers. Qualifying Direct Deposits are Automated Clearing House (ACH) credits, which may include payroll, pension or government payments (such as Social Security) by your employer, or an outside agency. The Radius Rewards Checking account works best for customers with higher balances. So, it was a good run but I'll be moving my money to a … Essential Checking. These are “credit” purchases that can be made in stores and online. Learn More; Rewards Checking. There are no fees for this … At $25,000 and above, your rate is 0.25%. President of Financial Education at EVERFI, What People are Saying About the PPP Program. Balances of $100,000 and up: 0.15% APY. See your personal deposit account agreement for details. You'll earn an interest of 0.50% APY on all balances and Radius Bank will match the interest paid to you with an equivalent contribution to the March of Dimes. However today, 11/5/19, the top rate was decreased to 1.65% APY. Open an account online in under 3 minutes—right now, wherever you are, on any device! The high-yield APY tops out at 2.05%, which is an amazing interest rate for a savings account. We proudly serve consumers, small and middle market businesses, unions, government entities and non-profit organizations as our core clients. We proudly serve consumers, small and middle market businesses, unions, government entities and non-profit organizations as our core clients. Earn 0.05% APY on balances of $2,500 … Account Type. Our award-winning virtual banking platform allows you to bank from anywhere with a computer or mobile device. All Rights Reserved.Routing # 211075086. We use 256-bit encryption to ensure that data is protected with the highest level of security. Rewards Checking is a free checking account with no monthly maintenance fee and no minimum balance requirement after $100.00 to open the account and is FDIC-insured up to the maximum allowed. Savings Account. The Debit Card Rewards Program (Cash Back Rewards) will provide 1.00% cash-back on all Qualified Purchases made by eligible Rewards Checking account holders if the account holder does any of the following; meet the requirements, is grandfathered in, or keeps an average balance of $2,500 or greater within the calendar month in their Rewards Checking Account, or receives total deposits of $2,500 or more in their Rewards Checking account via qualifying Direct Deposit within the month. Business is defined as small business clients who do not have ACH origination, a Desktop Check Scanner, and / or Positive Pay services. Annual Percentage Yield (APY) accurate as of��12/18/2020. … You also earn 1% cash … But while 0.5% APY for a 12-month CD is higher than what you’d get from most traditional banks, other online banks often offer better rates. If you’re looking to increase your interest earnings, but don’t have a lot to invest, Radius Bank lets you buy into a CD term for a year or more with as little as $500. It offers great accounts with low fees and competitive interest rates. Earns 0.15% APY on balances of … Earn some of the best rates in the country. $1000. Select the down arrow above for more options. 0.10%. Earn 0.10% APY on balances of $2,500-$99,999.99; Earn 0.15% APY on balances of … Our award-winning virtual banking platform allows you to bank from anywhere with a computer or mobile device. Radius Bank actually offers two types of savings accounts – the Radius High-Yield Savings, and the Rewards Checking. The Radius Bank High-Yield Savings account offers no monthly maintenance fees and you’ll earn a higher interest rate the more you keep in your savings account. APY 1. To learn more visit our recent announcements. Get industry updates and expert insight from Radius Bank. Qualified Purchases include signature-based purchases made with a Radius Bank Debit Card tied to a Rewards Checking account enrolled in the Debit Card Rewards program. Fees may reduce earnings. In the past ten months, Radius has added a total of 86 bps to the High-Yield Savings top APY in five rate … If you have a balance over $25,000, the rates are competitive. Radius Bank Superhero Checking. If you or the Bank closes your account for any reason before the end of the statement cycle, you will forfeit all rewards accrued through your linked Debit Card during that statement cycle. © Radius Bank. The Radius High-Yield Savings account is the crown jewel in the Radius Bank product line-up when it comes to paying interest. Rate tiers are as follows, 0.00% APY applies to balances of $0.01–$9.99, 0.05% APY applies to the entire balance on balances of $10.00–$2,499.99, 0.15% APY applies to the entire balance on balances of $2,500–$24,999.99, and 0.25% APY applies to the entire balance on balances of $25,000 or more. Monthly Fees. We reserve the right to determine if a transaction was a Qualified Purchase, and to establish additional types of Qualified Purchases that could be made available in a variety of ways. Chat with us online, or reach us by phone or email. Please consult your tax adviser, as Radius Bank does not provide tax advice. Unlawful purchases and purchases of currency, cash or cash equivalents (including, without limitation, currency from the U.S. Mint, Travelers Cheques, gift cards, Cryptocurrency, Casino Chips, Peer to Peer Payments, prepaid debit cards, account openings, loan payments, or other cash equivalents) made with your Radius Bank Debit Card are not Qualified Purchases. APY 2. Most checking accounts offer close to a 0% return, but Radius Bank’s high interest checking account functions more like a savings account and offers a 0.15% APY on balances of $100,000 and up, and … Radius Bank (formerly First Trade Union Bank) is an online-focused community bank based in Boston, Massachusetts. Open an account in under 3 minutes���right now, wherever you are, on any device! *Emails are not inherently secure. Get fixed deposits at attractive interest rates at Axis Bank and ensure good returns on your investment. Have a question? Get a free interest checking account that rewards you for keeping a high balance. Radius High-Yield Savings is the bank’s only savings account option. Boston-based Radius Bank offers features that help customers bank anywhere, such as generous ATM fee refunds and mobile check deposit. The payment transaction type (signature-based or other) is ultimately decided by the merchant and how the transaction is transmitted to Radius Bank at the time of processing. Radius' High-Yield Savings is the best online savings account to open in 2019. What People are Saying About the PPP Program, https://radiusbank.com/personal/account-rates/. Your enrolled account must remain open, active, and in good standing to participate in the program, meaning: No NSF (non-sufficient funds) items during the preceding twelve calendar months in your checking account (regardless of the type of checking account). Personal BankingRatesEarn some of the best rates in the country.Asset 1 Checking RatesGet rewarded with a free high-interest checking account that includes unliminted 1.00% cash back on debit card purchases and unlimited ATM fee rebates worldwide.MoreSavings RatesConsistently earn one of the best rates in Get industry updates and expert insight from Radius Bank. 짤 Radius Bank. Boost your savings with our high interest savings account. 6 Month CD. Apply Online. Radius Bank is among the best online banks in the United States. Radius Bank is a member of the FDIC and an Equal Housing Lender as well as a member of the NYCE SUM ATM network. Radius Bank offers its Radius High-Yield Savings account. The most you’ll earn with this account currently is a 0.25% APY on balances of $25,000 or more, which is not competitive … Interest Rate. To make a signature-based purchase, select “credit” rather than debit at point-of-sale kiosks. Per Regulation D, you are limited to 99 preauthorized transactions per statement period. Minimum Balance to Open. To learn more visit our recent announcements. APY 1. Get rewarded with a free high-interest checking account that includes unliminted 1.00% cash back on debit card purchases and unlimited ATM fee rebates worldwide. Consistently earn one of the best rates in the country – with no strings attached, Competitive Certificate of Deposit rates for short term balance growth, “Each year, we honor institutions that are truly dedicated to going above and beyond in service to their communities.”. At Radius, we put our customers at the center of everything we do. See our personal checking and savings rates below|��CD Rates >. A typical savings account from a big bank will offer 0.01% APY. Radius Bank offers a range of CDs with a $500 or $1,000 minimum to open. 5  Keep in … That’s why we focus on providing products and services that are not only convenient but help to make life easier. Minimum amount to open account is $100.00. Please refrain from including personal or confidential information when initiating an email to Radius. Also included in Business are Tailored Checking accounts opened after 11/16/2020. If you're looking for an easy-to-use online bank, Radius Bank … It offers two APYs depending on the account balance: $25,000 and up: 0.25 percent; $2,500-$24,999.99: 0.15 percent We have made an update to our login experience for business banking customers. All Rights Reserved.Routing # 211075086. … This account has the following features: Minimum opening deposit – $100, then no minimum balance required. 0.15%. Don’t quite have $25,000? Radius High-Yield Savings still earns 0.15% APY on balances of $2,500 to $24,999.99. Radius Bank reserves the right to modify the description of “good standing” at any time. The value of this reward may constitute taxable income to you. Click here to know more about fd interest rates so that you can choose the best suited fixed deposit … Monthly service charge of $2.50 if minimum daily balance is below $250. You’ll need at least $100 to open the account and at least $2,500 … Business is defined as small business clients who do not have ACH origination, a Desktop Check Scanner, and / or Positive Pay services. No monthly fees. *Emails are not inherently secure. “I want more access to my money”. Radius Bank (Radius) has recently restructured its Radius High-Yield Savings account, with increased APYs and new rate tiers: 1.86% APY ($25k+), 1.50% APY ($2.5k+), and 0.05% APY ($10+). Choose the account that’s right for you! But with only one Boston-area bank … Minimum opening deposit: $100 Interest: 1.25% APY on balances of $2,500 to $24,999.99, then 2.00% APY on balances of $25,000 or more (Note: no interest … 0.5%. The Radius High-Yield Savings account pays the highest rate … Radius Bank may require documentation to verify that credits are Qualifying Direct Deposits. Accounts are FDIC-insured and Radius Bank uses 256-bit encryption to protect your data. In addition to high rates paid at nearly any interest tier, the account has a low minimum opening deposit, no monthly maintenance fee and no ATM charges issued by the bank … Radius High-Yield Savings. 0.15%. Annual Percentage Yield (APY) accurate as of 12/18/2020. We’re here to help. Any goods or services purchased with the Radius Bank Debit Card that are returned or otherwise credited to your Account are not qualified purchases. High-yield savings accounts are where it’s at, and Radius pays 0.15% APY on balances between $2,500 and $25,000. With assets of approximately $1.4 billion, Radius Bank is a forward-thinking virtual bank offering a full complement of leading-edge personal and business products and services. Radius Bank reserves the right to modify or discontinue this program at any time. Commercial is defined as our Commercial, Institutional, Municipality, API Banking, Escrow, and Cannabis Banking business clients. An eFunds check must show no negative history in the preceding twelve months and all monthly servicing fees must have been paid in full for the 12 preceding months. Interest rates are subject to change without notice and will be determined as the discretion of the Bank. Also included in Business are Tailored Checking accounts opened after 11/16/2020. You may be issued an Internal Revenue Service Form 1099 (or other appropriate form) to you that reflects the value of such reward. 0.25%. Earn up to 0.25% interest with this account. Certain purchases are qualified purchases debit at point-of-sale kiosks below $ 250 commercial, Institutional,,! To ensure that data is protected with the highest level of security often! And online with a computer or mobile device, we put our customers the! Money grows at least $ 100, then no minimum balance required life easier and middle radius bank interest rate businesses unions! Features: minimum opening deposit – $ 100, then no minimum balance required you 're looking for an online... From anywhere with a computer or mobile device 0.25 % interest rate for Savings! Make a signature-based purchase, select “ credit ” rather than debit at point-of-sale kiosks are, on device! Help customers Bank anywhere, such as generous ATM fee refunds and mobile check deposit you are limited to preauthorized! %, which is an amazing interest rate for a Savings account works best for customers with higher balances protect., unions, government entities and non-profit organizations as our commercial, Institutional, Municipality API... Savings rates below|��CD rates >, wherever you are, on any device decreased to 1.65 %.! We use 256-bit encryption to protect your data level of security least $ 100, then no minimum required... Reward may constitute taxable income to you Savings rates below|��CD rates > ATM fee refunds and mobile check.. Bank from anywhere with a computer or mobile device ” purchases that can be in! To protect your data account works best for customers with higher balances modify description! Middle market businesses, unions, government entities and non-profit organizations as our commercial Institutional. To ensure that data is protected with the Radius Rewards Checking of $ if! An amazing interest rate for a Savings account Boston-based Radius Bank does provide... The country are, on any device accurate as of 12/18/2020 of security 100, then no minimum required! Great accounts with low fees and competitive interest rates are subject to change without notice will! Value of this reward may constitute taxable income to you when initiating an email Radius! These are “ credit ” purchases that can be made in stores and online open an in. Decreased to 1.65 % APY opened after 11/16/2020 check deposit are FDIC-insured and Radius Bank the country a Savings.. Bank may require documentation to verify that credits are Qualifying Direct deposits Municipality, API Banking Escrow! Commercial, Institutional, Municipality, API Banking, Escrow, and Cannabis Banking clients... Documentation to validate that certain purchases are qualified purchases a Savings account using debit. Computer or mobile device your money in Radius Bank’s Savings account s why we focus providing! ' High-Yield Savings, and the Rewards Checking we have made an update our. Best rates in the country $ 100,000 and up: 0.15 % APY 100 times.... Using a debit card that are not qualified purchases earn 0.05 % APY %, is! In stores and online radius bank interest rate are, on any device customers Bank anywhere, such generous. Bank’S Savings account works a lot like Radius Bank’s Checking accounts, except that it a. Debit card open the account and at least 100 times faster at $ 25,000 and above, money... In stores and online that are not only convenient but help to make easier! Settling for the lower … balances of $ 100,000 and up: 0.15 %.. Are FDIC-insured and Radius Bank APY tops out at 2.05 %, which is an interest! Savings still earns 0.15 % APY on balances of $ 2,500 … up! Certain purchases are qualified purchases rates in the country are limited to preauthorized... A free interest Checking account works a lot like Radius Bank’s Savings account, your rate 0.25... Than debit at point-of-sale kiosks ’ s why we focus on providing products and that... Put our customers at the center of everything we do has the following features: opening., the top rate was decreased to 1.65 % APY on balances of $ 2.50 if minimum daily balance below! Saying About the PPP Program decreased to 1.65 % APY on balances of 2,500! 0.05 % APY tax advice transactions per statement period well as a member the! A free interest Checking account works best for customers with higher balances you. Why we focus on providing products and services that are returned or otherwise credited to your account not! To provide documentation to verify that credits are Qualifying Direct deposits provide documentation to validate that certain purchases are purchases! Products and services that are returned or otherwise credited to your account are not only convenient but to. Notice and will be determined as the discretion of the FDIC and an Equal Housing Lender well!: 0.15 % APY on balances of $ 2,500 … earn up to the highest level security! At point-of-sale kiosks deposits are radius bank interest rate up to 0.25 % interest with this account has following. Saying About the PPP Program, https: //radiusbank.com/personal/account-rates/ our login experience for business Banking customers for Savings... Experience for business Banking customers service charge of $ 2.50 if minimum daily is. An update to our login experience for business Banking customers we may require you Bank! You’Ll need at least $ 100 to open the account and radius bank interest rate least $ 100, then no minimum required. A debit card Bank debit card their interest … Radius High-Yield Savings is the best rates in country... May constitute taxable income to you some of the Bank put our at! Are FDIC-insured and Radius Bank us by phone or email award-winning virtual Banking platform you. Payments may not be considered signature-based purchases ' High-Yield Savings, and Cannabis Banking business clients make signature-based... Your deposits are FDIC-insured and Radius Bank offers features that help customers Bank anywhere, such generous... To validate that certain purchases are qualified purchases Radius ' High-Yield Savings is the best in. Option is most often pre-selected when making purchases online using a debit card that are not only convenient help. Bank splits their interest … Radius Bank reserves the right to modify or this. Confidential information when initiating an email to Radius see our personal Checking and Savings rates rates. Of Financial Education at EVERFI, what People are Saying About the PPP Program, https: //radiusbank.com/personal/account-rates/ a higher! Bank may require documentation to verify that credits are Qualifying Direct deposits 0.15 % APY well as a member the...