Offer value details
EverBank lists Performance Savings as its highest-yield savings account with a 3.90% APY for new accounts, no monthly maintenance fee, no minimum balance required, interest compounded daily, FDIC-insured positioning, and online or phone opening.
Qualification requirements
The official account summary lists a $0 minimum deposit required to open the account. The product page says users earn interest no matter the balance and that there is no minimum to open.
Fees and costs
The account summary lists a $0 monthly account fee, no waiver requirement, $0 NSF fee, $0 account closing fee, and $0 mobile check deposit fee. It also lists possible service costs including a $25 stop-payment fee and outgoing wire fees.
Availability
The account summary says Performance Savings is opened exclusively online or by calling EverBank's client solutions team. The product page says the account is available exclusively online and by phone, and EverBank, N.A. is listed as Member FDIC.
What to verify
- APY is variable, may change without notice, and is listed for new accounts only.
- The new-account APY may not apply to existing EverBank accounts.
- Outgoing domestic and international wire transfers, stop payments, and other services can create fees even though the monthly account fee is $0.
- EverBank's funds-availability policy can delay deposited funds, including larger check deposits and new-account deposits.
- Mobile check deposits are described as available up to $50,000 per day.
Confirm current provider terms
Rates, rewards, fees, qualification rules, eligibility, and deadlines can change. Review the provider terms before applying.