People First Bank Dream Fund
Bonus rate
A savings account that offers bonus interest in any month your account balance grows (not including interest credits)
5.55%
a year, with bonus, up to
- Base rate up to
- 0.01%
- Introductory rate
- None
- Maximum balance
- None published
Rates by balance
| Balance | Base rate | Bonus | Total |
|---|---|---|---|
| $0 to $100,000 | 0.01% | +5.54% | 5.55% |
| $100,000 and over | 0.01% | +4.39% | 4.40% |
How to earn the bonus
Applicable on balances up to $100,000 Applicable on the portion of the balance over $100,000
Who can open it
- Age to open
- Any
- Maximum balance
- None published
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
5.55%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
0.01%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- A higher rate. Up to 5.55%, above the typical 3.65%. On $10,000 that's about $555 a year.
Cons
- A low base rate. Only 0.01% in any month you miss the bonus conditions.
- Conditions for the bonus. Applicable on balances up to $100,000 Applicable on the portion of the balance over $100,000. 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
- 5.55%
- Bonus conditions
- None
- Most it pays
- 5.55%
- Bonus conditions
- None
- Most it pays
- 5.50%
- Bonus conditions
- None
