Choosing an e-Savings Account:
e-Savings Accounts from AmTrust Direct: The Sharp Way to Save
When choosing a savings account, your main concern is getting the most return on your money. With this in mind, the smartest way to save is with an e-Savings account, which pays more interest than a regular savings account but with less risk to you than standard stock market investments. Unlike CDs, e-Savings accounts are liquid. They are ideal for you if you want the assurance of a no-risk investment but do not want your money locked into a CD. An e-Savings account with AmTrust Direct allows you to take advantage of high interest rate savings accounts with compound interest with no minimum balance requirements and no monthly fees. There is also no charge for making one-time or recurring transfers into or out of your e-Savings account.
When Shopping, Find Features that Fit You
Whether you are accumulating funds for retirement, vacation or a child’s college education, it’s imperative you understand your options when choosing a savings account. Looking for one of the highest interest rate savings account is no longer the only factor to consider. With countless choices available, it is important you decide on a safe, sound financial institution with a reputation you can trust, service you can count on, and options that fit your lifestyle.
Security is Essential
Make sure your online bank utilizes industry-standard technology and procedures to safeguard your information. Choosing a financial institution that is established, secure and trustworthy is crucial for your peace of mind. AmTrust Direct has nearly $17 billion in assets. It has over $1.4 billion in capital and its core tangible ratio is 7.6%. Its parent bank, AmTrust Bank, has a renowned reputation for being an industry leader in exceptional products and impeccable service. Furthermore, your e-Savings accounts are Member FDIC insured up to the maximum allowed by law.
Applying for Your Account Should Be Simple
In this age of technology, online choices can often seem overwhelming and complicated. But applying for an e-Savings account shouldn’t be. When you choose to apply for an e-Savings account with AmTrust Direct, you can do it online or by phone. You don’t need any special hardware or software and the only requirements are a valid tax identification number, United States driver’s license, United States postal address and a personal checking or savings account at a U.S. bank. Prefer to open an account by phone? Just call the Customer Contact Center at (888) 228-8146.
Access to Support is Vital
One hang-up that might keep you from taking advantage of the benefits of an Internet savings account could be the fear of not having access to a real person when you need one. Who do you turn to when you cannot drive into town and visit your bank teller? A quality online institution will give you access to help where even some traditional banks fall short. AmTrust Direct has an award-winning Customer Contact Center, allowing customers to open new accounts, get up-to-the-minute account information, ask questions, and submit requests and more.
Feel the Flow of Online Transfers
Much like a traditional savings plan, an e-Savings account allows you to transfer or withdraw each month. While some banks require a minimum balance and have minimum balance penalties, others fit a more conditional lifestyle and have no minimum balance requirements. An e-Savings account with AmTrust Direct has no minimum balance fee and, after initial minimum $1,000.00 deposit, you need maintain a balance of only $1.00 to earn interest. You shouldn’t have to worry about the hassles of switching financial institutions to take advantage of an e-Savings account. Your online financial institution should give you the option to link external bank accounts to your online e-Savings account so that it is easy and convenient to make transfers and get the full benefit of that higher APY. It is simple and convenient to set up funds transfers between your AmTrust Direct e-Savings account and accounts you hold at other financial institutions. With AmTrust Direct, you have the option of linking up to six external accounts to your e-Saving account. Additionally, with your e-Savings account, you can make up to six (6) external transfers per statement cycle without fees and make as many deposits as you would like – taking maximum advantage of one of the best interest rates on savings considering the fact that your money is liquid and there is no set time for withdrawal.