Available for residents nationwide, Salem Five Direct eOne Savings Account is offering a 4.01% APY.
Update 2/28/25: The rate has decreased to 4.01% APY from 4.25%.
Salem Five Direct eOne Savings Review
Salem Five Direct is the online banking division of Salem Five Bank and shares the same financial history. Being an online account, Salem Five Direct is able to offer highly competitive prices. The account gives you access to online banking, eStatements, mobile banking, text alerts, and so much more.
I’ll review Salem Five Direct eOne Savings below.
Salem Five Direct eOne Savings Rate
To earn Salem Five Direct’s competitive rate, simply complete all the requirements. That’s all it takes and you’ll get to enjoy earning the competitive rate.
- What you’ll get: 4.01% APY
- Eligible account: eOne savings
- Credit inquiry: Hard Pull
- Where it’s available: Nationwide
- Opening Deposit: $100 minimum
- Monthly fee: None
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
Salem Five Direct eOne Savings Rates
- Open a eOne Savings account with an opening deposit of just $100
- Earn the 4.01% APY rate.
| Balance Requirement | APY Rate |
| $0.01-$1,000,000 | 4.01% APY |
Notes:
- External Transfers from your account are limited to $5,000 per transaction; $5,000 in aggregate per day; and $20,000 in aggregate per rolling 30 days.
- You may make a maximum of 3 external transfers from your account per day and a maximum of 25 external transfers from your account per rolling 30 days.
- There are no fees for incoming or outgoing external transfers initiated from your Online Banking account.
- All DIF member banks are also members of the FDIC. Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF).
- The combination of FDIC and DIF insurance provides customers of our member banks with full deposit insurance on all their deposit accounts. No depositor has ever lost a penny in a bank insured by both the FDIC and the DIF.
Salem Five Direct eOne Savings Features
- Earn an industry-leading rate with absolutely no commitment.
- Open with just a $100 deposit
- No minimum balance
- No monthly fees
- FDIC Insured to protect your entire balance
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Conclusion
Because this is a web account, you can manage everything online which is very convenient. You won’t have to worry about monthly fees either. In my opinion, this account is pretty nice however it does trigger a hard pull, so keep that in mind.
In addition to the rate from Salem Five Direct, 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.
However, if you’re not interested in this offer check out our Best Bank Rates for savings accounts and more!
