[MA only] Metro Credit Union High Yield Savings – 1.75% APY (Requires $25,000 Balance)

Offer at a glance

• Interest Rate: 1.75% APY
• Minimum Balance: $25,000
• Maximum Balance: None listed
• Availability: Must open in branch, all branches in MA [Branch locator]
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: $25, avoidable
• Insured: NCUA

The Offer

Direct link to offer

• Metro Credit Union has a high yield savings account. This account earns at a rate of 1.75% if you have a balance of $25,000 or greater.

The Fine Print

• Annual Percentage Yield (APY) based on daily balances for new accounts: 1.75% APY for balances of $25,000 or greater, 0.30% APY for balances of $10,000 to $24,999.99, and 0.25% APY for balances up to $10,000.
• $10,000 minimum opening deposit is required.
• Minimum withdrawal fee of $25 if withdrawal is less than $10,000.
• Low balance fee of $25 if at any time during the month the end of day balance falls below $10,000.
• NEW MONEY ONLY. Funds on deposit at
• Metro are not eligible for this offer.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

They charge a monthly fee of $25 if your end of day balance falls below $10,000 at any time during the month. There is also a minimum withdrawal fee of $25 if the withdrawal is less than $10,000.

Our Verdict

1.75% APY is the highest APY account (for basic savings anyway), but this account is pretty awful. Requiring a balance of $25,000 isn’t that bad, but the fee structure is awful. A $25 fee for having your balance drop below $10,000 is way too high and is made worse by the fact your charged a $25 fee for withdrawals under $10,000. I wouldn’t recommend this account to anybody. All America Bank will be offering 1.75% APY soon without the fees. Most people will be better suited to a rewards checking account anyway.