Bank5 Connect Comparisons

How does Bank5 Connect compare to other banks?

See how Bank5 Connect compares with the rest of the banks BankTruth has reviewed.

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BMO Harris Bank
Savings (Rate as of 6/10/2023)
APY 4.50%
Rate 4.40%
For APY $0
Monthly Fee $0.00
Checkbook No
Member FDIC Open a BMO online savings account in minutes
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Citizens Access
Savings (Rate as of 6/10/2023)
APY 4.50%
Rate 4.50%
For APY $1
Monthly Fee $0.00
Checkbook No
Member FDIC No fee online savings account with a great rate.
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OneWest Bank, FSB
Savings (Rate as of 6/10/2023)
APY 4.85%
Rate 4.74%
For APY $5,000
Monthly Fee $0.00
Checkbook No
Member FDIC No Monthly Fees. $5,000 balance required for highest rate.
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Texas Capital Bank, NA
Savings (Rate as of 6/10/2023)
APY 4.85%
Rate 4.74%
For APY $0
Monthly Fee $0.00
Checkbook No
Member FDIC 0 Monthly Acct Fees. No Balance Cap to Earn APY.
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SoFi
Savings (Rate as of 6/10/2023)
APY 4.30%
Rate 4.30%
For APY $0
Monthly Fee $0.00
Checkbook No
Member FDIC No fees, up to $2M FDIC coverage, earn high APY on all checking and savings balances, up to $250 bonus with qualifying direct deposit.
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Barclays
Savings (Rate as of 6/10/2023)
APY 4.00%
Rate 4.00%
For APY $0
Monthly Fee $0.00
Checkbook No
Member FDIC Savings accounts at 4.00% APY. A rate greater than 5x the national average.
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1 APY stands for Annual Percent Yield. It's different from Rate because it takes into account compounding interest for the year.

2 MMA stands for Money Market Account. It's a savings and checking hybrid, allowing you to earn interest and use checks 6 times a month.