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WARNING
As of 9/18/2009 all SavingsLink accounts have been converted to
Bank of America Growth Money Market Savings Accounts. None of
the previous features of the SavingsLink Account are available.
The Growth Money Market Savings Account has a monthly fee of $10
unless a $5000 minimum daily balance is maintained for the entire
statement cycle or the account is linked to an Advantage or Preferred
Account.
The fee will be waived until the closing date of the first statement.
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*** The following is historical information that no longer applies. ***
Savingslink Rates (updated 6/30/2008):
3.65% APY $250,000
3.65% APY $100,000 - $249,999
3.65% APY $50,000 - $99,999
3.65% APY $10,000 - $49,999
3.00% APY < $10,000
Can link 5 external accounts.
FDIC insured. (Countrywide is a subprime lender.)
Routing Number: 056009110
No Quicken support past version 2004.
Link to Countrywide
1 (business) day ACH transfers! But must schedule 1 business day ahead, and let money rest at CWB for 5 business days before it's available to move out.
Although Countrywide used to do a hard pull for all apps, it has been reported by multiple users that this is no longer true. However, they query ChexSystems for each account (i.e., SavingsLink, each CD, etc.) even though their website and their employees say they don't.
) Citibank 4¾%.
