Step Savings Account Details
Apply for this account
| FDIC Certificate Number: | 1299 |
|---|---|
| Annual Percentage Yield (APY) with Direct Deposit: | 4.00% |
| Monthly Direct Deposit Minimum: | $500.00 |
| APY without Direct Deposit: | 0.00% |
| Maximum Balance that earns interest: | $250,000.00 |
| Early Paycheck? | Yes |
| Online Bill Pay? | |
| Pay Anyone? | Yes |
| Checks Deposits in App? | |
| Joint accounts available? | Yes |
| Limit on number of withdrawals per month: |
This account must be opened by 1 adult, then up to 4 family members may be linked including another adult. This account includes a Step Visa card which is designed to help build positive credit history for minors with no risk of overdraft. When the child turns 18, they can opt in for Step to report their positive credit history to the major credit bureaus.
To earn interest, a minimum direct deposit of $500 or more from a payroll provider or employer within each 30 day period is required.
BankMindful.com is an independent publisher and comparison service. The content on Bank Mindful is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. We do our best to keep information updated, however, numbers stated on this site may differ from actual numbers. We may have financial relationships with some of the companies mentioned on this website. BankMindful may not include all companies or all available products.