The TIAA Direct High Yield Savings account offers competitive interest rates with no monthly fees and no minimum balance requirements.
You’ll currently earn a 1.25% APY on any amount of deposited funds, which is as high as any of the Popular Online Bank Accounts are offering right now.
There is a $25 initial deposit requirement to open your TIAA Direct savings account.
However, there is no minimum balance requirement thereafter to avoid maintenance fees, and there is no monthly fee for this account.
Check out the TIAA Direct High Yield Savings Account to open your account online.
You can deposit checks into your TIAA Direct account from your iPhone with Remote Deposit.
Plus, you can withdraw money with free transactions at over 23,000 ATMs in their network.
In addition, you’ll get full access to online and mobile banking services to manage your account.
TIAA Direct Account Requirements
TIAA Direct accounts are available to U.S. citizens and permanent residents of the 50 United States and the District of Columbia who are at least 18 years old and have a valid tax identification number.
Take advantage of this TIAA Direct online savings account to get high interest rates with no maintenance fees and no balance requirements.