OpenBank’s High-Yield Savings Account Offers 4.20% APY and Verizon Bill Credits
OpenBank has introduced a unique high-yield savings account that pairs a competitive 4.20% APY with monthly phone bill credits for Verizon customers. The account offers $5 to $15 in monthly credits for up to 12 months, depending on the savings balance. For a $10,000 deposit, this combination could yield approximately $540 in total benefits over a year.
The partnership between OpenBank and Verizon stands out in the crowded high-yield savings market by delivering both financial returns and practical utility. This dual-benefit approach could appeal to savers looking to maximize value beyond interest rates alone.