From Savings, Checking and Money Market accounts to Certificates of Deposit and IRAs, a great rate can be found at Ion Bank. Don’t spend time shopping around. Instead, find optimal interest for all of your savings or investment needs. Interest rate and APY1 are based on tier or term.
Deposit Rates as of Tuesday, February 12, 2019
Ka-Ching! Savings Accounts2
Minimum Balance to open $0.00
| Rate Type | Interest Rate | APY1 |
|---|---|---|
| Tier I Minimum Balance to earn APY $50.00 - $2,499.99 |
0.15% | 0.15% |
| Tier II Minimum Balance to earn APY $2,500.00 - $49,999.99 |
0.40% | 0.40% |
| Tier III Minimum Balance to earn APY $50,000 - Over |
0.60% | 0.60% |
Certificates of Deposit
Minimum Balance to open and earn APY $500.00
| Rate Type | Interest Rate | APY1 |
|---|---|---|
| 3 Month Certificate |
0.25% | 0.25% |
| 6 Month Certificate |
0.70% | 0.70% |
| 7 Month Certificate* |
1.98% | 2.00% |
| 9 Month Certificate |
0.80% | 0.80% |
| 12 Month Certificate |
1.59% | 1.60% |
| 18 Month Certificate |
1.79% | 1.80% |
| 24 Month Certificate |
2.18% | 2.20% |
| 30 Month Certificate |
2.08% | 2.10% |
| 36 Month Certificate |
1.59% | 1.60% |
| 48 Month Certificate |
1.64% | 1.65% |
| 60 Month Certificate |
2.18% | 2.20% |
IRA Accounts
Minimum Balance to open and earn APY $500.00
| Rate Type | Interest Rate | APY1 |
|---|---|---|
| 3 Month Certificate |
0.25% | 0.25% |
| 6 Month Certificate |
0.70% | 0.70% |
| 7 Month Certificate* |
1.98% | 2.00% |
| 9 Month Certificate |
0.80% | 0.80% |
| 12 Month Certificate |
1.59% | 1.60% |
| 18 Month Certificate |
1.79% | 1.80% |
| 18 Month Variable Certificate |
2.72% | 2.75% |
| 24 Month Certificate |
2.18% | 2.20% |
| 30 Month Certificate |
2.08% | 2.10% |
| 36 Month Certificate |
1.59% | 1.60% |
| 48 Month Certificate |
1.64% | 1.65% |
| 60 Month Certificate |
2.18% | 2.20% |
Passbook & Statement Savings
Minimum Balance to open $50.00
| Rate Type | Interest Rate | APY1 |
|---|---|---|
| Tier I Minimum Balance to earn APY $50.00 -$2,499.99 |
0.10% | 0.10% |
| Tier II Minimum Balance to earn APY $2,500.00 - $49,999.99 |
0.25% | 0.25% |
| Tier III Minimum Balance to earn APY $50,000 - Over |
0.35% | 0.35% |
Health Savings Account
Minimum Balance to open $0.00
| Rate Type | Interest Rate | APY1 |
|---|---|---|
| Tier I Minimum Balance to earn APY $50.00 -$999.99 |
0.05% | 0.05% |
| Tier II Minimum Balance to earn APY $1,000.00 -$4,999.99 |
0.20% | 0.20% |
| Tier III Minimum Balance to earn APY $5,000.00 and Over |
0.25% | 0.25% |
Preferred Checking
Minimum Balance to open $50.00
| Rate Type | Interest Rate | APY1 |
|---|---|---|
| Tier I Minimum Balance to earn APY $50.00 -$999.99 |
0.05% | 0.05% |
| Tier II Minimum Balance to earn APY $1,000.00 -$9,999.99 |
0.10% | 0.10% |
| Tier III Minimum Balance to earn APY $10,000.00 and Over |
0.15% | 0.15% |
Money Market Accounts
Minimum Balance to open $1,000.00
| Rate Type | Interest Rate | APY1 |
|---|---|---|
| Tier I Minimum Balance to earn APY $9,999.99 and under |
0.10% | 0.10% |
| Tier II Minimum Balance to earn APY $10,000.00 -$49,999.99 |
0.25% | 0.25% |
| Tier III Minimum Balance to earn APY $50,000.00 -$249,999.99 |
0.35% | 0.35% |
| Tier IV Minimum Balance to earn APY $250,000.00 and Over |
0.40% | 0.40% |
1 Any annual percentage yields (APY) provided above assumes interest will remain on deposit until maturity or for one year for accounts with maturities of less than one year. Interest will be compounded and credited monthly. Withdrawals and fees could reduce earnings on an account. Certificates of Deposit and IRA accounts may have a penalty imposed for early withdrawal. Rates are subject to change without notice. Interest rates on variable rate accounts may change after the account is opened. Account disclosures provided at the time an account is opened will provide additional information.
2 Minimum of one non-PIN Debit MasterCard® transaction of more than $50.00 per statement cycle is required to be eligible for the Ka-Ching! Savings Account interest rate. The Ka-Ching! Savings Account interest rate may revert to the Statement Savings Account interest rate if the minimum transaction requirement is not met. Requires an Ion Bank Personal Checking Account and valid Ion Bank Debit MasterCard, Health Savings Accounts, Money Market accounts and Business accounts are not eligible to participate.
*Maximum deposit is $250,000. No business or municipal accounts.
