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Choice Financial 3.76% APY Savings Account

May 9th, 2009

Choice Financial is offering savings account rates set with a 30 day introductory rate of 3.76%. After the intro period is over, the rate continues to be very competitive. They’re offering 2.76% APY on balances from $5,000 to $25,000, 3.01% APY on balances from $25,000 to $100,000, and 3.26% APY on balances over $100,000. There’s a $5,000 minimum to open an account and a $2 monthly fee if your account falls below that level. There’s also a $50 penalty if you close your account in the first 90 days and a limit of 6 withdrawals per month.

When you open a savings account they issue you a $10 gift certificate and if you keep your account open for a year with at least an average balance of $500 they give you an additional $25 bonus gift certificate.

Choice Financial is also offering a 3.01% APY 13 month CD with a minimum deposit of $5,000. The early withdrawal penalty is 6 months’ interest. Additionally there’s no hard credit pull for opening an account and these accounts are available nationally.

Choice Financial is offering a health savings account with a 1.04% APY to 2.53% APY depending on your balance.

Choice Financial is located in North Dakota and has a strong 4 out of 5 star soundness rating from bankrate. Choice Financial is a FDIC insured bank.

Savings Rates

  1. lui
    October 23rd, 2009 at 23:04 | #1

    To open a new account I have to live in the state of North Dakota or any one can open a new account????

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