Available nationwide, the MutualOne Bank Mo Premium Savings account offers 4.07 APY on balances of $20,000 or more.
MutualOne Bank Mo Premium Savings Review
MutualOne Bank is headquartered in Framingham and is the 46th largest bank in the state of Massachusetts. It is also the 928th largest bank in the nation. It was established in 1889 and as of June of 2022, it had grown to 91 employees at 3 locations. MutualOne Bank’s savings rates are 8X the national average, and it has an A health rating.
MutualOne Bank Mo Premium Savings Rate
To easily earn the competitive rate, start by opening a new account.
- Eligible account: Mo Premium Savings
- Credit inquiry: Hard Pull or Soft Pull? Let us know.
- Where it’s available: Nationwide
- Opening Deposit: $20K
- Monthly fee: None
- Early Termination Fee: Not listed
(FDIC Insured)
How to Earn Rate
- Open a new account with a minimum opening deposit of $20,000.
- Earn 4.07% APY.
| Balance Requirement | APY Rate |
| $20,000+ | 4.07% APY |
Notes:
- Preauthorized transfers from your Online Savings Account are limited to 6 each month, whether to other accounts you maintain with us or to third parties. ($10 fee per transaction over the limit of 6.)
- All transactions for this account are required to be conducted electronically, i.e. online, ACH, bill pay, ATM, and mobile.
- Online Banking and eStatements are required within the first 30 days of account opening.
- Can you link an external account? Yes. Once your account is established, you can link external accounts through the Bank’s online banking platform. There is no limit to the number of external accounts you can link.
- Are there fees for in/out transfers? No, they are fee-free.
- What are the dollar limits on transfers? $25k per transaction, per day, and a $100k aggregate total per 30 days.
- Any restrictions for ACH transfers that are initiated from another bank? None.
- Credit or debit card or U.S. checking or savings account to fund your new account(s).
 |
 |
Conclusion
If you’re looking to open an interest bearing account, this account offers a competitive rate.
Let us know about your experience with this bank and comment below.
In addition to the rate, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
