M.Y. Safra Bank | Deposit Rates

M.Y. Safra Bank's rates are designed for clients to earn a high return on their deposits. As a bank headquartered in New York City and serving an international clientele, we seek to reward our customers with the best rates to reflect the trust and loyalty they show us.

Certificates of Deposit Accounts

Account Term*	Classic CD APY¹
30 Days**	1.00%
90 Days**	2.00%
6 Months	2.25%
9 Months	2.25%
12 Months	3.00%
18 Months	3.00%
24 Months	3.00%
36 Months	3.00%
48 Months	3.00%
60 Months	3.00%

Personal Checking and Savings Interest Rates

Balance**	Gold Checking APY²	Silver Savings APY²	Platinum Money Market*** APY²
$0 up to $4,999.99	0.05%	0.00%	0.00%
$5,000 up to $24,999.99	0.05%	2.51%	2.51%
$25,000 up to $49,999.99	0.10%	2.51%	2.51%
$50,000 up to $99,999.99	0.10%	2.51%	2.51%
$100,000 up to $249,999.99	0.10%	2.51%	2.51%
$250,000 up to $1,000,000	0.15%	2.51%	2.51%

For more information, or for rates on deposits over $1 million, please contact one of our Bankers.

All Rates Subject to Change Daily- Effective as of July 16, 2024.

Custom rates are available for Certificate of Deposit maturities in between the terms listed above.

1 APY = Annual Percentage Yield (APY) assumes monthly compounding of interest and that interest will remain on deposit until maturity.
* A substantial early withdrawal penalty may be imposed on funds withdrawn from a Certificate of Deposit account.
**N/A for IRA Accounts, where the term is minimum of 6 months.

2 APY = Annual Percentage Yield (APY) assumes monthly compounding of interest at the rate indicated for a full year.

*** Interest rate applied to entire deposit based on balance met. $100 Minimum balance is required to open Personal Checking, Savings, and Money Market Accounts. $5,000 Minimum balance is required to open High Yield Money Market.

Rates on checking, savings, and money market accounts may change after opening. Fees, if incurred, will reduce earnings on the account.
Please refer to the Account Disclosure booklet for terms, conditions, and any fees associated with the accounts listed above.