Openbank Savings Account up to $180 Verizon Bill Credit & 4.40% APY for Verizon Wireless Customers

If you are a Verizon customer, you can get up to $180 off your wireless bill and earn a 4.40% APY when you open an Openbank High Yield Savings Account.

With this Verizon + Openbank Savings Promotion, you can get up to a $15 monthly credit toward your Verizon wireless bill for up to 12 months, or a total of up to $180 in bill credits in your first year.

You’ll get a $5 bill credit per month for an average deposit balance between $1,000 and $9,999.99, $10 per month for an average balance between $10,000 and $29,999.99, or $15 per month for an average balance equal to or greater than $30,000.

Plus, with an Openbank High Yield Savings Account, you can earn a 4.40% APY with a $500 minimum opening deposit and no monthly fees (rate may vary between locations).

Verizon + Openbank Savings Program

To get the Verizon + Openbank Bill Credits, your Verizon account must have an Openbank High Yield Savings Account opened through the Verizon + Openbank Savings Program that maintains a qualifying monthly average daily balance for all 12 months that you are eligible to earn the Verizon + Openbank Bill Credit.

• $5 bill credit per month for an average deposit balance between $1,000 and $9,999.99.
• $10 bill credit per month for an average balance between $10,000 and $29,999.99.
• $15 bill credit per month for an average balance equal to or greater than $30,000.

The monthly bill credit is available for up to 12 consecutive months from the date your deposit account is opened when you meet the monthly average account deposit balance.

The monthly average deposit account balance will be calculated on your deposit account statement date once every month and is mathematically derived as a daily average.

Eligible customers must have a mobile telephone number associated with a post-paid consumer wireless account offered by Verizon within the United States.

If you qualify for a Verizon + Openbank Bill Credit, the credit will be applied to your Verizon bill beginning within 2-3 Verizon billing cycles following the issuance of your initial deposit account statement.

If other individuals on your Verizon account also maintain Openbank High Yield Savings Account, the Verizon + Openbank Bill Credit will only be applied to the first 2 individuals to open a deposit account.

This means that a maximum of 2 Verizon + Openbank Bill Credits may be applied to any Verizon account, which means if you each maintain minimum $30,000 average balances, it will result in a combined bill credit of $30 monthly, totaling $360 over 12 months.

This Verizon + Openbank Savings promotion is offered exclusively by Openbank, a division of Santander Bank, N.A., and deposits at Santander Bank, N.A. and its Openbank division are combined for a maximum of $250,000 of deposit insurance from the FDIC per depositor for each category of account ownership.

The Openbank High Yield Savings Account is a variable-rate account and the rate applicable may change at any time without notice, and availability for this product will be based on the residential zip code entered when the account is opened within the online application process.

If you are a Verizon wireless customer, consider opening an Openbank High Yield Savings Account to get up to $180 in wireless bill credits over 12 months and earn a 4.40% APY on your deposit balance.