Premier Savings Account

(New Customers and Online Only)

Premier Savings Account Banner Image

Saving your money is a GOOD choice. Growing your money is the RIGHT choice!  

 

Save with SBIC Premier Savings Account and grow your money faster! At State Bank of India (California), we focus on understanding you and your banking needs, whether it's earning interest, or assisting you in managing your money quickly and easily, with our 24-hr online banking, mobile banking and much more.

 

Premier Savings Account 

Features

Minimum Initial Deposit

$250

Monthly Service Charges

 $10 per month

Required Monthly Balance to Waive Monthly Service Charges

$250

Tiers

 

 TIERS  FROM TO  INTEREST RATE APY1 
Tier 1  $0.00 $1,000.00  0.15% 0.15% 
Tier 2   $1,000.01 $100,000.00  0.60%  0.60%
Tier 3  $100,000.01 And Above  0.15%  0.15%

 

Account Transactions Per Month and Transaction Fees

 Six; $10 fee will be charged for each transaction exceeding six per month

Monthly Statements

No charge for e-statements and $5 for paper statement

Online Banking

Included

Mobile Banking

Included

 

1APY refers to Annual Percentage Yield and is accurate as of 11/01/2023. Interest is compounded daily and paid monthly. Interest is calculated and accrued daily based on the daily collected balances in the account. The account requires a minimum opening deposit based on tier and APY and is listed above. Rates may change at any time without prior notice, before or after the account is opened. This is a tiered rate account. You will be paid the stated interest rate only on that portion of the daily balance within the specified tier. Fees could reduce earnings on the account. For further information about terms and conditions, see the Personal Banking Schedule of Fees and Terms and Conditions of Your Account, call toll-free 1.877.707.1995, or visit a location near you.

 

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