If you qualify and want a safe and secure savings account that is FDIC insured and has an extremely competitive high interest yielding rate then BofI Advisor has the right account for you. Investors can contact their financial advisor to help them open a new account; a BofI Advisor Select saving account offers all the conveniences of a completely online bank, without sacrificing all of the benefits of putting your money into savings.
Lately it is not even worth putting your money into savings, because the interest rates have dropped so low. BofI Advisor still continues to offer a competitive Annual Percentage Yield (APY) of 0.80% on accounts holding a balance of $10,000 or more. Even though the select savings account offers such a high interest yielding on savings, BofI Advisor still does not charge any monthly maintenance fees for maintaining a select savings account. There is also no account minimum, although only accounts holding a balance of $10,000 or greater earn any interest on their money in savings. There is an initial deposit of $10,000 for qualified clients for a BofI Advisor Select Savings Account. Included in having a select saving account is: simple transfer between your select savings account and any other BofI accounts you hold, a savings ATM card, and free online statements of your account activity. On top of all of this, interest is compounded every day that your BofI Select Savings Account has an account balance of $10,000 or more. Opening a select savings account with high interest yielding on your money is an easy and smart choice, so contact your financial advisor on setting up a high yield savings account.
Sign up for a BofI Select Savings account, and begin earning a lot of interest on the money that you save.