
If you're looking for a high interest savings account in Kansas City, you're in luck - some top options offer rates as high as 2.5% APY. This means you can earn more interest on your savings than with a traditional savings account.
The benefits of a high interest savings account in Kansas City are numerous. You can earn more interest, have easy access to your money, and even enjoy online banking and mobile deposit capabilities.
Some top banks in Kansas City offer high interest savings accounts with low or no monthly maintenance fees. This is a big plus for those who want to keep their costs low.
By choosing a high interest savings account in Kansas City, you can make your savings work harder for you.
Intriguing read: Kansas City Mortgage Rates
Benefits and Features
Easily transfer money between accounts with some high interest savings accounts, such as the Premier Money Market account, which is available exclusively to First Federal Bank checking accountholders.
You can earn competitive rates without tying up your money, and the more you save, the more you can earn. For example, the NASB Performance Savings account offers great rates and unlimited withdrawals in person.
To get started, you'll typically need to make a minimum deposit, such as the $2,500 deposit required to open the Premier Money Market account. Some accounts, like the NASB Performance Savings account, also offer free Online Banking and Mobile Banking services.
Here are some benefits and features to look out for in a high interest savings account in Kansas City:
- Earn competitive rates without tying up your money
- The more you save, the more you can earn
- Free Online Banking and Mobile Banking services
- Unlimited withdrawals in person
- No maintenance service charge when you keep a daily balance in your account
Save More, Earn More
You can earn more by saving more with competitive rates that increase with your balance. This is a great way to grow your money over time.
The NASB Performance Savings account offers high-yield interest rates, making your money work smarter. You'll also get unlimited withdrawals in person and free Online Banking and Mobile Banking with Mobile Check Deposit.
Here are some benefits of saving more:
- Quarterly statements unless EFT activity, then monthly
- Free Online Banking and Mobile Banking services
- Direct deposit
The Premier Money Market savings account also gives you the flexibility to access your funds easily, while earning high-yield interest. You can open this account today and start growing your money.
The more you save, the more you can earn, and the NASB Performance Savings account makes it easy to do so. With FDIC-insurance, great rates, and unlimited withdrawals in person, you can rest assured that your money is safe and accessible.
Deposit Rates
Deposit rates are a crucial aspect of any savings account. Rates are accurate as of 2/11/2025 and are subject to change without notice.
To earn interest, you'll need to meet the minimum balance requirements listed below.
The interest rates vary based on your account balance, with higher balances earning higher rates. For example, balances between $100,000 and $249,999.99 earn an APY of 0.80%.
Here's a breakdown of the interest rates and APYs:
Keep in mind that a $2,500 deposit is required to open the account, and a $2,500 minimum balance is needed to avoid a $10.00 monthly maintenance service charge.
Account Details
To open a high interest savings account in Kansas City, you'll need to meet the minimum requirements. The minimum balance to open is $1.00, which is a relatively low barrier to entry.
You'll also need to maintain a minimum monthly balance of $0.01 to avoid any potential issues. This is a small requirement, but it's good to be aware of it.
One of the advantages of this savings account is that there are no maintenance fees. This means you can save without worrying about extra charges eating into your balance.
Here's a quick summary of the account details:
Choosing the Right Account
If you're looking for a high-yield savings account, consider one that offers flexibility like the Premier Money Market savings account, which lets you access your funds easily.
This type of account can be perfect for those who want to grow their savings, and the more you save, the more you can earn with competitive interest rates.
High-yield interest rates are a key feature of these accounts, allowing your money to grow faster than a traditional savings account.
The Premier Money Market savings account is designed to help you grow your savings with its high-yield interest rates.
Suggestion: 5th 3rd Bank Money Market Rates
CommunityAmerica Credit Union
CommunityAmerica Credit Union is a great option for those in the Kansas City area looking for a high-interest savings account. They offer a variety of savings accounts with competitive interest rates, including their Advantage Savings account which earns a 2.50% APY.
CommunityAmerica Credit Union is a not-for-profit financial cooperative, meaning that any profits are reinvested into the credit union to benefit its members. This can result in better rates and services for members.
Their Advantage Savings account has a low minimum balance requirement of just $100 to avoid monthly maintenance fees.
Related reading: Health Savings Account Credit Union
Frequently Asked Questions
Which bank is paying the highest interest on a savings account?
The highest interest rate on a savings account is offered by Pibank and Zynlo Bank, both paying 5.00% APY. Check the details of these banks to see if they meet your savings goals.
Which bank gives 7% interest on savings accounts?
Unfortunately, no banks currently offer 7% APY on savings accounts, but you may find credit unions offering high rates on checking accounts with specific terms and conditions.
Sources
- https://www.ffbkc.com/bank/savings-accounts/premier-money-market/
- https://www.communityamerica.com/personal/bank/accounts/savings
- https://www.nasb.com/banking/solutions/savings/high-rate-savings
- https://www.nasb.com/banking/solutions/savings/performance-savings
- https://www.bestcashcow.com/savings-accounts/rates-mo-kansas-city
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