MySavingsDirect is an online-only bank and offers some of the best rates with their Online Savings and Online CD accounts.
Because it’s an internet-only bank, there are no branch locations and the headquarters is located at 5 East 42nd Street, New York, NY 10017.
READ MORE: WELCOME OFFERS FROM CHASE, BANK OF AMERICA, TD BANK, AXOS, AND BMO.
MySavingsDirect MySavings Account (Nationwide)
- Available nationwide
- Minimum to open: $1
- Minimum for APY: $1
- Maximum for APY: None
- Monthly fee: None
MyTerm CD Account Offers
CD accounts from MySavingsDirect have some of the best rates currently for certain term lengths.
- CD terms from 60 to 12 months available
- Minimum deposit balance is $1,000
- Interest is compounded daily and credit monthly
- Like other CDs, there is a penalty for early withdrawal
- Accounts are FDIC insured
MySavingsDirect 60-120 Month My Term CD
- Available nationwide
- Minimum to open: $1,000
- Minimum for APY: $1,000
- Maximum for APY: None
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.