Savings Account Features Guide
| Interest Rate | |
| APY | 3.75% |
| Minimum Deposit Amount | $2,500.00 |
| Maximum Deposit Amount | $249,999.00 |
| Balance Requirements | |
| Minimum Opening Deposit | $2,500.00 |
| Minimum Balance to Avoid Fees | - |
| Minimum Required Balance | - |
| Fees | |
| Monthly Maintenance Fee | N/A |
| Foreign ATM Fees | N/A |
| Insufficient Funds Fee | $35.00 |
| Incoming Wires | $15.00 |
| Account Opening | |
| Open Online | Yes |
| Insured by | F.D.I.C. |
| Statements | |
| Paper Statements | Yes |
| Online Statements | Yes |
| Online and Telephone Banking | |
| Online Banking | Yes |
| Telephone Banking | Yes |
| Mobile Banking | Yes |
| Deposit Checks with Mobile Device | Yes |
| Free Bill Pay | Yes |
| Online Bill Payments Required | Yes |
Account Description
• Free Online and Mobile Banking
• Earn a higher rate on your savings
• Your money grows faster with daily compounding
• No monthly maintenance fee
• Get started with $2,500
• Available nationwide
Rate History
| Date | APY |
|---|---|
| September 03, 2025 | 3.75% |
| January 18, 2025 | 4.00% |
| November 18, 2024 | 4.30% |
| February 20, 2024 | 4.60% |
| December 22, 2023 | 4.90% |
| December 22, 2023 | 5.40% |
| November 13, 2023 | 4.90% |
| November 13, 2023 | 4.78% |
| August 20, 2023 | 4.25% |
Customer Reviews for Connectone Bank (7)
Rated 2.43 stars out of 5 - based on 7 reviews
Tomlensen
April 12, 2022 |
Opened account at the branch and discovered that I was only getting 0.20% and three months passed before I figured it out. Be careful with this one.
LeonardC
January 21, 2022 |
Rejected, called to ask why and was accepted. Has been fine since.
Cherie H
October 21, 2021 |
I was made to feel unimportant when I called with a question about transfers because of the small size of my money market account that I opened a couple of months ago.
Piers
October 13, 2021 |
I applied and was rejected. I had not known it was possible to be rejected for a savings account and I hope they didn't screw with my perfect credit. I will stay at Ally and earn 0.10% less.
Kassie
August 24, 2021 |
I went through the application and never heard back. I called after two weeks and they told me hat I was rejected for an account. Seems like a neat scheme to separate people from their personal information. Oh, and I live in New Jersey (4 miles from a branch).
DebbyZ
July 7, 2021 |
glad to have found this one.
ABZie01
June 16, 2021 |
One of the best online accounts that I have ever had. I really hope the rate holds at 0.65%!