Blue Hills Bank is currently offering residents of Boston, Massachusetts a generous 1.50% APY when you sign up and open a new Premier Money Market with a $10,000 minimum balance. For those who are not familiar with the current offer, all you would need to do is head on over to the new 87 Seaport Boulevard branch in Boston and open a new account while meeting the minimum balance requirement as well as the $25 minimum opening deposit. Once you have met the requirements above, you will be able to enjoy great features such as being able to earn one of the highest rates available nationwide as well as being fully protected and insured by the FDIC! For those who are currently interested, be sure to head on over to the new branch and start today!
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Blue Hills Bank Money Market Account Summary:
- Apply Now
- Account Type: Money Market Account
- Rate: 1.50%
- Availability: 87 Seaport Boulevard branch in Boston
- Expiration Date: None
- Soft/Hard Pull: Soft Pull
- Direct Deposit Requirement: None
- Additional Requirements: Listed below
- Avoid Monthly Fee: None
- Early Termination Fee: None
Blue Hills Bank Requirements:
- Must open account with at least $10,000 in deposit
- $25 opening deposit required
Blue Hills Bank Fine Print:
- 0.45% APY available when minimum daily balance is $3,000,000+; 0.05% APY is available when balance is $10 — $9,999.99
- Promotional 1.50% APY is available to new customers only or to existing customers who add between $10,000 and $2,999,999.99 in new-to-bank deposits into the Premier Money Market account at our Seaport branch; qualified existing customers must notify us at time of deposit if adding deposits to qualify for advertised APY
- A Blue Hills Bank personal checking account is required to open a Premier Money Market account and to obtain APY advertised, otherwise standard Premier Money Market rates apply
Conclusion:
At the end of the day, the current promotion through Blue Hills Bank is great for those who lives near the new Boston branch and would like to start a new banking experience. Not only are you able to earn one of the most attractive rates available, but you will also have a chance to take advantage of all the great features! Additionally, all the requirements are pretty simple to qualify for. However, this promotion is obviously very limited geographically. If you qualify, you might find this to be quite worthwhile. However, if you are not currently interested, be sure to check out our list of Best Deals in Reviews for all your banking needs!