HMBradley Savings Account earn up to 3% APY Up To $100,000 When You Save 20% Of Your Paycheck.
However, if you get someone to sign up using referral you now just straight to tier 1 (see below) which gets you 3% current quarter after they get your first direct deposit so you don’t need to wait.
Some are splitting direct deposits so they don’t have all of their paycheck going to HMBradley
Maximum of $100,000 is eligible to earn interest. There is no hard credit pull to open the bank account. Interest is paid monthly. All deposit accounts are provided by Hatch Bank, Member FDIC.
Rates can change.
Tier 1 earns 3% APY – requires saving 20% of deposits
· Tier 2 earns 2% APY – requires saving 15% of deposits
· Tier 3 earns 1% APY – requires saving 10% of deposits
· Tier 4 earns .5% APT – requires saving 5% of deposits
· If you save less than 5% of your deposits, you’ll earn 0% interest
Qualifications are quarterly, so open an account with qualified direct deposit now, save at least 20% of the deposits this quarter, and then wait for the beginning of the following quarter to deposit up to meeting $100,000 threshold.
They just raised more money. This time $18.25M – hopefully they will do well.
https://techcrunch.com/2020/11/24/hm...bank-business/
https://labusinessjournal.com/news/2...centric-banki/
Starting a conga for HMBradley to get 3% savings rate.
Here is my link:
hmb.to/signup?code=YIJZ1Q25
Here is more info I have found if interested. Becoming very popular due to the 3% rate. However, these other boards have VERY long referral threads. Figured it would be more beneficial to us to start our own.
HMBradley Savings Account: 3% APY Savings Rate On Up To $100,000 When You Save 20% Of Your Paycheck - Doctor Of Credit