Valley Direct Savings

Summary

Valley Direct High Yield Savings Promo Account provides a robust savings option for new customers seeking high yields with minimal hassle. With an APY of up to 4.55%* this account significantly outperforms many competitors and earns interest on any balances over $0.01. And there's only a $1 minimum deposit! Plus, they offer convenient 24/7 access through a mobile app.

*New customers only – cannot have had a deposit account at Valley or Valley Direct in past year. Existing customer savings account rate is 3.75% APY

Company Overview

Valley Direct, a digital arm of Valley National Bank, focuses on providing customers with high-yield savings options and easy-to-use banking services. With a commitment to customer-centric banking, Valley Direct combines modern technology with robust financial backing from its parent company.

MORE: What’s The Best Savings Account?

What Valley Direct High Yield Savings Does Best

The Valley Direct High Yield Savings Promo Account excels in offering high-yield savings accounts to new customers with an APY of 4.55%, far above the national average. With a low $1 minimum deposit requirement for their savings accounts, just $0.01 minimum to earn the advertised APY, and an absence of monthly fees make it accessible to a wide range of savers.

MORE: What’s The Best Savings Account?

Any Negatives?

While the Valley Direct High Yield Savings Promo Account offers great rates and no fees, it may not suit those who prefer in-person banking services, as Valley Direct operates entirely online.

Our Final Verdict: 0/10

The Valley Direct High Yield Savings Promo Account is an excellent choice for digital-savvy savers who want to maximize their savings with high interest rates and minimal fees. With the backing of Valley National Bank and FDIC insurance, it provides a secure and advantageous platform for growing your money.

GET STARTED