Looking for some additional cash following the hectic Christmas season? Consider $3,500 by opening a savings account.
Many experts believe that the majority of people are better off with a high-yield savings account many are paying more than they have in over a decade; you can view the greatest savings rates you may qualify for here with few or no obstacles.
How To Get $3,500?
The Citi Savings Account, like many bank accounts today, offers a substantial sign-up bonus of up to $3,500 for opening a new account and completing necessary actions. It should be noted, however, that this item resides atop a lengthy bonus tier.
Existing Citi customers who enroll before January 9, 2023, are eligible to receive bonuses ranging from $40 for balances between $10,000 and $29,999 to $3,500 for accounts exceeding $1 million. And if the new account falls just one dollar short of the barrier, from $500,000 to $999,999, for example, the $1,750 bonus for the $1 million account is cut in half.
Chanelle Bessette, a banking expert at NerdWallet, asserts that enticing-at-first-glance offers such as this demonstrate the need of reading the tiny print.
Bessette advises that anyone considering transferring funds in order to receive a bonus should first study the terms.
Read more: Tax refund: IRS advises you to create protection pin to protect yourself from scams!
5 High-Interest Savings Account:
- UFB Best Savings:
- Bask Interest Savings Account:
- BMO Online Savings Account:
- CIT Bank Savings
- Citizens Access® Savings:
Now that you’ve fulfilled all of the conditions and have the $1 million on hand, what about the fees? Monthly service costs can range from $10 to $30, depending on the package selected, if account balances and required account activity are not maintained.
The last thing you want is for fees to eat away at your bonus and/or interest advises Goldberg.