Business Premium Savings
2. Business Banking
3. Business Premium Savings
Donaldrufus Business Premium Savings is an account that gives your business the benefits of a current and savings account all in one package and also provides you with a high yield on your savings. It allows your business to save and transact at the same time and it’s the account for your business if you need to reduce your business banking service fees.
Account Features
- FREE Online Banking with Bill Pay and 24/7 access to your accounts
- Minimum operating daily balance of $100,000
- No maximum balance.
- FREE unlimited online bill payment
- Security coverage
- No Monthly Charges
- Attracts Interest
Interest Rates
| Deposit Amount | Interest Rate | APY |
|---|---|---|
| $100,000.00 – $249,999.99 | 1.00% | 1.00% |
| $250,000 – $499,999.99 | 3.00% | 0.07% |
| $500,000 – or more | 5.00% | 5.00% |
- $100,000 minimum required to activate account
- $100,000 minimum required to earn the stated interest
- Interest is compounded daily and earned on the daily balance based on a tiered-rate structure
- Maintenance service charge of $5.00 will be assessed when the average daily balance for the statement cycle falls below $100,000
- The APY may change after account opening
- Fees may reduce earnings
- Rates are subject to change at any time without notice
How To Apply
You can apply online for a deposit account quickly and easily. Our online application takes just a few minutes and is completely secure!
To keep the application process quick and efficient, be sure to have the following information available when you begin your online application:
- A scanned or soft copy of your passport photograph (Require for upload)
- A Valid Identification Number (i.e Driver’s License or International Passport)
All applicants must be at least 18 years of age.
Terms & Conditions
By signing (manually, or if approved by us electronically) an account application, signature card or other Donaldrufus Investment Bank form to open or request an account — or by otherwise opening or using an account with us or a product or service from us — you agree that you (and your heirs, successors, representatives and beneficiaries, if any) will be bound by our Terms and Conditions and all amendments that are in effect.
You can read of our Terms and Conditions at any time – just click here.