Valley Direct Savings

Summary

Valley Direct Savings Account provides a robust savings option for those seeking high yields with minimal hassle. With an APY of up to 4.75%, this account significantly outperforms many competitors. It’s easy to open with just a $1 minimum deposit and offers convenient 24/7 access through a mobile app.

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

Valley Direct excels in offering high-yield savings accounts with an APY far above the national average. The low minimum deposit requirement and 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 Savings 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 Savings 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.

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FAST FACTS
  • Earn up to 4.75% APY with Valley Direct
  • Low $1 minimum deposit to open an account
  • Earn over 10x the national average with a high-yield savings account
  • Enjoy no monthly maintenance fees
  • Access your account 24/7 with the mobile app
  • FDIC insured up to $250k
SAVINGS ACCOUNTS
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