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You are here: Home / Bank Rates / Milli Bank Savings Review: *Closing Down November 15, 2024*

Milli Bank Savings Review: *Closing Down November 15, 2024*

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Milli Bank Savings Review

Available nationwide, Milli Bank is offering 4.75% APY when you open a savings account.

Update 10/4/24: Milli’s closure will take effect on November 15, 2024.

About Milli Bank Savings

Meet Milli. They’re on a mission to help you spend smarter today and save more for tomorrow. They are here to help you balance the ‘right now’ with the ‘what if’ and ‘what’s next’.

Balance Requirement APY Rate
$0.01+ 4.75% APY

Milli Bank Savings Account Rate

  • Account Type: Savings Account
  • Interest Rate: 4.75% APY
  • Availability: Nationwide.
  • Minimum Balance: None
  • Maximum Balance: None
  • Credit inquiry: Hard Pull or Soft Pull? Let us know.
  • Opening Deposit: None
  • Monthly Fees: None
  • Early Termination Fee: None
Apply Now at Milli Bank

(FDIC Insured)

FEATURED BANK RATES
PROMOTIONAL LINKOFFERREVIEW
AlumniFi Credit Union Savings 4.75% APYReview
FVCbank Advantage Direct Savings 4.55% APYReview
Mission Valley Bank High Yield Savings4.27% APY + $500 BonusReview
Harborstone Credit Union Money Market 4.25% APY + $500 BonusReview
Western Alliance Bank High-Yield Savings 4.25% APY + $500 BonusReview
Paprika Capital Bank High Yield Savings4.22% APY + $500 BonusReview
Grand Bank Money Market 4.20% APY + $500 BonusReview
Live Oak Bank Savings 4.20% APYReview
CIT Bank Platinum Savings4.10% APY + $225/$300 BonusReview
mph.bank Money Market4.06% APY + $500 BonusReview
Upgrade Premier Savings4.02% APYReview
Liberty Savings Bank Savings4.01% APY + $500 BonusReview
Customers Bank High Yield Savings4.01% APY + $500 BonusReview
CIT Bank Savings Connect4.00% APYReview
Blue Federal Credit Union Money Market 4.00% APY + $500 BonusReview
Betterment Cash Reserve4.00% APYReview
Quontic Bank High Yield Savings 3.85% APYReview
SoFi Checking and Savings Account3.80% APY + $325 Bonus
Review
Valley Direct Online Savings 3.75% APYReview
Discover Bank Online Savings 3.70% APYReview
RBMAX High Yield Savings3.66% APY + $500 BonusReview
Discover Money MarketUp to 3.65% APYReview
State Exchange Bank High-Yield Savings3.10% APY + $500 BonusReview

Milli Bank ACH Capabilities and Limits

ACH Type Speed Daily $ Limit Monthly $ Limit Notes
Push ? ? ?
Pull ? ? ?

Editor’s Note:  Still many unknowns for ACH Limits from Milli Bank. I highly recommend to use SoFi or CIT Bank Savings as your HUB account for all ACH transfers.

How to Earn Rate

  1. Open a new account.
  2. Fill out your personal information – Provide your name, address, phone, email and social security number or Tax ID.
  3. Fund the account/transfer funds – Transfer funds electronically from an internal account here or an external account at another bank.
  4. Earn 4.75% APY on your deposits.

Why You Should Sign Up For This Account

  • Highest interest rate
  • Easy set up. Automatic transfer from your current bank
  • Achieve your goals
  • Free banking. No fees or minimums
  • 100% online. Always open
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Bottom Line

Check out this offer from Milli Bank and open an savings account to earn the high rate today!

Interested in Bank Bonuses? See our favorite banks including U.S. Bank, HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.

For more bank offers, see the complete list of Best Bank Rates!

Check back often to see the latest info on Milli Bank Savings Account.

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Filed under: Bank Rates

Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

About Danny Nguyen

Danny Nguyen has a keen sense in how to save and make money while being as frugal as possible. With this, he is committed to passing on this knowledge and skills to our readers. Outside of work, Danny enjoys helping and giving back to the community, reading, working out, and spending time with what matters most - family!

View all posts by Danny Nguyen

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Editorial Disclosure: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.