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Save for your tomorrows with higher expectations.
Make your savings work harder.
5.70% Annual Percentage Yield (APY).
Maximize your savings
Earn more with a high yield savings account
High yield savings account
How it works
On the highway, going a little faster gets you to your destination much sooner. Learn how a slightly higher interest rate can help speed you toward your next savings goal or build up your emergency fund.
Calculate your High Yield Savings earnings.
See the difference for yourself. Compare our rates to your current bank’s account and see how much more you can earn with Fairvantage Bank.
FV Bank
5.70% APY
Interest earned: $BOA
0.04% APY
Interest earned: $Chase
0.02% APY
Interest earned: $National Average
0.46% APY
Interest earned: $Why choose a Fairvantage high yield savings account?
- FDIC insured deposits
- No monthly maintenance fee
- Exceptional customer service
- You earn interest on your CD at a fixed rate, no matter what happens with the market.
Have Questions?
Frequently asked questions
What is a high-yield savings account
A high-yield savings account is an account where you typically earn an interest rate that’s higher than the average rate found on a traditional savings account.
When comparing high-yield savings accounts, you’ll find the account’s rate of return listed as an annual percentage yield (APY). This is the rate of return you receive over a year, including compound interest, assuming the interest remains on deposit in the account.
When do deposits to a new high-yield savings account start earning interest?
Deposits begin earning interest from the moment they are received, but they will not be immediately available for withdrawal.
New account deposits must be through automated BitPay payments and received before 5 p.m. CT, on a business day (Monday through Friday, excluding federal holidays). Deposits received after 5 p.m. CT, or on a non-business day are processed on the next business day.
What is the minimum deposit to open a High-Yield Savings account?
A FV Bank Savings High-Yield Savings Account requires a $100 minimum opening balance.
How can FV Bank offer such great rates
Fairvantage Bank offers market leading rates on its savings accounts. Our focus on using advanced technology instead of physical bank branches lowers overhead expenses, enabling us to offer better rates and no fees, unlike traditional brick-and-mortar institutions.
Will I be charged a fee if my savings account falls below a certain balance?
To maximize your savings, we encourage you to maintain the $100 minimum balance in your savings account that was required at account opening. However, you won’t be charged a fee if you fall below the account opening minimum.