Judo Bank Personal Savings Account
Bonus rate
A High Interest at-call savings account with bonus interest rates if monthly criteria is met.
5.60%
a year, with bonus, up to
- Base rate up to
- 0.05%
- Introductory rate
- None
- Maximum balance
- None published
Rates by balance
| Balance | Base rate | Bonus | Total |
|---|---|---|---|
| $0 to $250,000 | 0.05% | +5.55% | 5.60% |
| $250,001 to $2,000,000 | 0.05% | +5.05% | 5.10% |
| $2,000,000 and over | 0.05% | None | 0.05% |
How to earn the bonus
Interest is calculated daily and paid monthly on your balance at a tiered interest rate.
Who can open it
- Age to open
- 18 and over
- Maximum balance
- None published
Who it's for
- Can be a Joint -applicant.
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
5.60%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
0.05%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- A higher rate. Up to 5.60%, above the typical 3.65%. On $10,000 that's about $560 a year.
Cons
- A low base rate. Only 0.05% in any month you miss the bonus conditions.
- Conditions for the bonus. Interest is calculated daily and paid monthly on your balance at a tiered interest rate. Miss them in a month and you earn the base rate.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 5.60%
- Bonus conditions
- None
- Most it pays
- 5.60%
- Bonus conditions
- None
- Most it pays
- 5.55%
- Bonus conditions
- None
