Primis Bank is relatively unknown, but is sure to gather some new deposits with their and accounts (rate as of 1/31/23).
Premium Checking details:
- 5.03% APY as of 1/30/23.
- No minimum balance requirement.
- Open with just $1.
- Must open online.
- Free cashier’s checks and starter pack of checks.
- Free ATM rebates.
Primis Savings details:
- 5.03% APY as of 1/30/23.
- No minimum balance requirement.
- Open with just $1.
This is notable as it breaks the 5% barrier as a non-“rewards” checking account and there are no minimum debit card usage requirements. Found via . I don’t see any maximum limit on the APY either, but keep in mind that there is no rate guarantee on these checking and savings so the rate can change at any time in the future.
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