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Earn 4.75% APY when you open a new account with qualifying deposit. No monthly maintenance fees.
no monthly service fee 4.75% $5,000 Check mark icon A check mark. It indicates a confirmation of your intended interaction.
High interest rate Check mark icon A check mark. It indicates a confirmation of your intended interaction. No monthly service fees con icon Two crossed lines that form an 'X'.
High minimum opening deposit BrioDirect does offer a competitive savings account rate. The BrioDirect High-Yield Savings Account is great if you have at least $5,000 to open an account. It also has no monthly service fee.
Must maintain at least $1 in account to earn interest Interest compounded daily and deposited monthly FDIC insured Business Insider's personal finance team compared BrioDirect to the best online banks and found it to be a standard offering. BrioDirect has one of the best high-yield savings accounts for earning a competitive interest rate, but if you're looking for any other type of bank account to open it won't be a good fit. BrioDirect used to offer CDs, but it is no longer offering any at the moment.
When reaching out to customer support, it also isn't clear whether CDs will be.