3.25% Savings Account through Regal Financial Bank
Another outstanding savings account rate is being offered through Regal Financial Bank.
If you can recall, they are the ones that were offering the impressive 4.0% APY 1 year CD last month, which is no longer available. One thing to keep in mind is that the 1 year CD they were offering in February came with some strings attached and as far as I know there are no strings with this account, however I would still contact one of their representatives before opening. For the 1 year CD, BankVibe reader Ray pointed out that you needed two other accounts with them to qualify (a checking account and savings account).
Nationally, savings account rates sit at around 1.75% on average making this offer extremely lucrative in comparison.
Savings Account Details w/ Regal Financial Bank
- this rate is only good for balances between $2,501 and $250,000
- Rates are subject to change at anytime without notice
- Interest rate on this account is 3.20% (aka 3.25% APY)
If you have any questions about this rate you may email them to Info@regalfinancialbank.com
Also, if you have experience in banking with Regal Financial Bank please let others know by leaving a comment.
March 2nd, 2010 at 12:40 pm
3/2/10 Just clicked the link to Regal and savings accounts are at 1/2 % (0.5%) NOT 3.25% Boy, this Bankvibe is really outdated.