Brio Direct Bank – 2.1% APY High Yield Savings Account

Update 1/5/2020: Rate has been reduced to 2.1% APY from 2.3% APY (not 100% sure when this change occurred).

Update 10/10/19: Rate has been reduced from 2.46% to 2.3% APY.

Offer at a glance

• Interest Rate: 2.3%
• Minimum Balance: $25
• Maximum Balance: $250,000 (FDIC limit)
• Availability: Nationwide
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Insured: FDIC

The Offer

Direct link to offer

• Brio Direct is offering 2.46% APY on their high-yield savings account.

Avoiding Fees

This account has no monthly fees to worry about

Our Verdict

This is the current highest basic savings account rate. I think this is a new offering, so not sure if the rate will remain competitive or not (always a concern when rate chasing). We also don’t know if it’s a hard or soft pull to open.