Personal Savings Account Comparison Chart
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Key Benefits |
Lets you build over time |
Better rates as your money grows; easy access to your money |
Premium rates for higher balances and greater access to your funds |
Grows your savings faster with rates competitive with short-term CDs and money market funds |
For young investors just starting out; Simple, affordable savings |
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Minimum Opening Deposit |
$50 |
$50 |
$50 |
$50 |
$10 |
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Monthly Service Fee
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No service fees for balances of $250 or more; or $4 with a lower balance |
No service fees for balances of $1,000 or more; or $8 with a lower balance |
No service fees for balances of $5,000 or more; or $10 with a lower balance |
No service fees for balances of $25,000 or more; or $20 with a lower balance |
No minimum balance requirements |
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Tiered Interest Structure |
No |
Yes |
Yes |
Yes
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No |
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Minimum Balance to Earn Interest |
$100 |
$1,000 |
$1,500 |
Interest earned on all positive balances |
Interest earned on all positive balances |
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Monthly Business Transactions |
2/ $2 fee per additional transaction1 |
61 |
61
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2/ $2 fee per additional transaction1 |
2/ $2 fee per additional transaction1 |
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Y |
Y |
Y |
Y |
Y |
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Y |
Y |
Y |
Y |
Y |
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|
Y |
Y |
Y |
Y |
Y |
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Y |
Y |
Y |
Y |
Y |
1Regulations limit the number of withdrawals or transfers from a savings or money market account to six per month by pre-authorized transfer, automatic transfer or telephone transfer
2Account holders enrolled in Cadence Online Banking may opt to receive secure e-statements at up to three email addresses.
3Mobile Banking is free from Cadence but fees may apply from your mobile service provider.
We also offer competitive rate CDs with flexible terms and guaranteed rates of return, along with the security of being FDIC insured.
Visit a local Cadence Bank branch to discuss your options and begin your banking relationship with us.
If you have questions regarding an existing banking account with Cadence, contact Cadence Customer Service.
