Explore the convenience and efficiency of the Armed Forces Bank High Yield Savings Account, designed to enhance your financial growth. This account offers a straightforward way to accumulate savings with a competitive interest rate of 0.03% APY on all balances. With a minimal initial deposit of $25 and a $100 minimum balance to avoid a monthly service fee, it's tailored for easy savings management. The unique 'Saving Cents' feature rounds up your debit card purchases to the nearest dollar, automatically transferring the difference into your savings, promoting effortless saving. Additionally, enjoy the flexibility of managing your account through robust mobile banking options. Note, that a $5 fee applies for paper statements, and early account closure within 90 days incurs a $25 fee. This account is FDIC-insured, ensuring your funds are secure up to the maximum legal limit.
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