Comenity Direct Savings Rates and Review
Comenity Direct Savings Summary
Comenity Direct Best Savings Rates
The online savings account from Comenity Direct is overall one of the best savings rates and deal available right now. The minimum opening balance is only $100 and the maximum amount is $10 million but you probably want to stay below the FDIC insured limit of $250,000 for an account. If you deposit $25,000, keep that amount in the account for 12 months and the rate stays at 1.90 percent you will earn around $475 in interest. Since rates are always changing, you might want to compare rates online to make sure you are always getting the highest savings rates available.
Comenity Direct Savings Account Features and Benefits
You might not have heard of Comenity Direct since it's a relativity new bank which was created in 2018. The online bank is a division of Comentiy Bank, which has been in business for more than 30 years.
Comenity Direct offers a high yield savings account and many CD account terms to choose from. All accounts have high interest rates if you’re looking to open a new account. You can open a Comenity Direct savings account if you want access to your funds at anytime and still earn a higher rate than most savings rates available these days. If you don't mind locking up your funds in a CD account, you can earn an even higher interest rate. Overall, with Comenity Direct you are getting higher rates than the current national average rates available. You also are getting great features and benefits one would expect these days with online account. If you’re looking for more options, you can browse our list of Best Savings Rates to get the best deal.
Banking & Finance InformationPersonal Finance