Radius Bank today introduced Radius Hybrid, a new personal bank account that delivers the conveniences of a no-fee checking account with the potential for high-interest earnings.
There is no monthly minimum balance required and any portion of the account balance over $2,500 earns up to 0.90% Annual Percentage Yield.
Clients can maximize interest earnings without having to play the game of transferring money back and forth between checking and savings. Radius Hybrid is a checking account that provides unlimited access to funds.
Radius Hybrid also offers the customer-centric features Radius Bank is known for providing its clients: a debit card with unlimited ATM fee rebates, no monthly fees, and industry-leading virtual banking services, such as intuitive online banking, mobile banking with features that include check deposit, bill pay and external transfers, and Radius Pay, the Bank’s mobile payment app.
They try to provide a simpler banking experience for their customers in response to their changing needs. The way we see it, we should make it easy for clients to save for the future while keeping money accessible for day-to-day transactions in an account that lets them bank anytime and anywhere.
The new Hybrid checking provides the best of both worlds — the power of saving and the freedom of accessing the money.
Secondly, a whole lot of bank accounts offer an allure of Overdraft Protection, in which case you sign yourself into a predicament that gives banks permission to charge you well-over $30 if you overdraw your account.
The additive beauty of this account is that they have an insanely transparent and friendly overdraft protection program that offers you overdraft protection line of credit and linked account overdraft protection on top!
Lastly, I’d like to point out that even if this checking account didn’t have a attractively rewarding APY, the account is still worth applying for simply because of affordability sake alone.
There are a variety of ways to make purchases with your Radius Hybrid account. First, you can pay bills and people using bill pay through your online banking account.
You can also pay with your phone and their free Radius Pay app linked to your Radius Debit Card. Finally (and probably most importantly), you can make signature and PIN-based purchases in stores and online with your Radius Debit Card.
Radius Bank Hybrid Checking Account Info:
- Register
- Account Type: Checking
- Interest Rate: 0.90% APY on $2,500
- Availability: Nationwide
- Expiration Date: None listed
- Credit Inquiry: Hard pull or soft pull? Let us know which you prefer
- Opening Deposit: $10
- Credit Card Funding: Yes
- Direct Deposit Requirement: None
- Monthly Fee: None
- Additional Requirements: Within two months after the account opening, you must meet and keep the requirements in order to keep the Radius Hybrid checking account or the account will revert to a Free Checking account
- Closing Account Fee: None
You can apply from your phone or tablet by just taking a picture of your Driver’s License and they’ll pre-fill your contact information for you. Easy and fast.
Radius Hybrid Checking Account Features:
- Free Online and Mobile Banking:
- Radius mobile app with mobile check deposit
- Free internal and external online transfers between your Radius Bank accounts and accounts at other financial institutions
- Direct deposit your paycheck or other income
- Free Bill Pay and e-Statements
- Customized alerts
- Link your free chip-enabled Radius Debit Card to Apple Pay TM, Samsung Pay, or Android Pay TM
- You can securely send money to anyone instantly with a phone or tablet
- Enjoy no monthly service fees, no minimum balance requirement after $10.00 to open, and free ATMs worldwide
- Free first order of checks
You can sign up today with Radius bank to enjoy all the benefits the bank has to offer.