Account Type. Radius Bank actually offers two types of savings accounts – the Radius High-Yield Savings, and the Rewards Checking. Business is defined as small business clients who do not have ACH origination, a Desktop Check Scanner, and / or Positive Pay services. If you or the Bank closes your account for any reason before the end of the statement cycle, you will forfeit all rewards accrued through your linked Debit Card during that statement cycle. See our personal checking and savings rates below|��CD Rates >. Account Type 1. You may be issued an Internal Revenue Service Form 1099 (or other appropriate form) to you that reflects the value of such reward. With assets of approximately $1.4 billion, Radius Bank is a forward-thinking virtual bank offering a full complement of leading-edge personal and business products and services. 0.5%. Select the down arrow above for more options. Radius Bank reserves the right to modify or discontinue this program at any time. Earn 0.10% APY on balances of $2,500-$99,999.99; Earn 0.15% APY on balances of … Have a question? $1000. Select the down arrow above for more options. Don’t quite have $25,000? An eFunds check must show no negative history in the preceding twelve months and all monthly servicing fees must have been paid in full for the 12 preceding months. 5  Keep in … Radius High-Yield Savings is the bank’s only savings account option. Annual Percentage Yield (APY) accurate as of��12/18/2020. It offers great accounts with low fees and competitive interest rates. The Radius High-Yield Savings account pays the highest rate … Please refrain from including personal or confidential information when initiating an email to Radius. The most you’ll earn with this account currently is a 0.25% APY on balances of $25,000 or more, which is not competitive … All Rights Reserved.Routing # 211075086. Radius is one of the fastest growing banks in Massachusetts, and is currently the 39th largest bank … In the past ten months, Radius has added a total of 86 bps to the High-Yield Savings top APY in five rate … To learn more visit our recent announcements. President of Financial Education at EVERFI, What People are Saying About the PPP Program. © Radius Bank. Minimum Balance to Open. Radius Bank is among the best online banks in the United States. It offers two APYs depending on the account balance: $25,000 and up: 0.25 percent; $2,500-$24,999.99: 0.15 percent We proudly serve consumers, small and middle market businesses, unions, government entities and non-profit organizations as our core clients. Get a free interest checking account that rewards you for keeping a high balance. 6 Month CD. No minimum balance. Our award-winning virtual banking platform allows you to bank from anywhere with a computer or mobile device. Interest rates are subject to change without notice and will be determined as the discretion of the Bank. Annual Percentage Yield (APY) accurate as of 12/18/2020. With assets of approximately $1.4 billion, Radius Bank is a forward-thinking virtual bank offering a full complement of leading-edge personal and business products and services. Radius High-Yield Savings still earns 0.15% APY on balances of $2,500 to $24,999.99. Our award-winning virtual banking platform allows you to bank from anywhere with a computer or mobile device. Boost your savings with our high interest savings account. This account has the following features: Minimum opening deposit – $100, then no minimum balance required. Rate tiers are as follows, 0.00% APY applies to balances of $0.01–$9.99, 0.05% APY applies to the entire balance on balances of $10.00–$2,499.99, 0.15% APY applies to the entire balance on balances of $2,500–$24,999.99, and 0.25% APY applies to the entire balance on balances of $25,000 or more. If you kept your money in Radius Bank’s savings account, your money grows at least 100 times faster. That’s why we focus on providing products and services that are not only convenient but help to make life easier. The Radius Bank High-Yield Savings account offers no monthly maintenance fees and you’ll earn a higher interest rate the more you keep in your savings account. Commercial is defined as our Commercial, Institutional, Municipality, API Banking, Escrow, and Cannabis Banking business clients. 0.15%. Commercial is defined as our Commercial, Institutional, Municipality, API Banking, Escrow, and Cannabis Banking business clients. Open an account in under 3 minutes���right now, wherever you are, on any device! Radius Bank may require documentation to verify that credits are Qualifying Direct Deposits. High-yield savings accounts are where it’s at, and Radius pays 0.15% APY on balances between $2,500 and $25,000. Get industry updates and expert insight from Radius Bank. Apply Online. Savings Account. We reserve the right to determine if a transaction was a Qualified Purchase, and to establish additional types of Qualified Purchases that could be made available in a variety of ways. Qualified Purchases include signature-based purchases made with a Radius Bank Debit Card tied to a Rewards Checking account enrolled in the Debit Card Rewards program. Click here to know more about fd interest rates so that you can choose the best suited fixed deposit … Radius bank splits their interest … … Online subscription payments may not be considered signature-based purchases. Please refrain from including personal or confidential information when initiating an email to Radius. We’re here to help. Consistently earn one of the best rates in the country – with no strings attached, Competitive Certificate of Deposit rates for short term balance growth, “Each year, we honor institutions that are truly dedicated to going above and beyond in service to their communities.”. First and foremost, we need to talk about their interest rate. … Your enrolled account must remain open, active, and in good standing to participate in the program, meaning: No NSF (non-sufficient funds) items during the preceding twelve calendar months in your checking account (regardless of the type of checking account). $10. Personal BankingRatesEarn some of the best rates in the country.Asset 1 Checking RatesGet rewarded with a free high-interest checking account that includes unliminted 1.00% cash back on debit card purchases and unlimited ATM fee rebates worldwide.MoreSavings RatesConsistently earn one of the best rates in To make a signature-based purchase, select “credit” rather than debit at point-of-sale kiosks. If you're looking for an easy-to-use online bank, Radius Bank … But with only one Boston-area bank … The payment transaction type (signature-based or other) is ultimately decided by the merchant and how the transaction is transmitted to Radius Bank at the time of processing. Qualifying Direct Deposits are Automated Clearing House (ACH) credits, which may include payroll, pension or government payments (such as Social Security) by your employer, or an outside agency. We use 256-bit encryption to ensure that data is protected with the highest level of security. 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