Redwood Capital Bank’s most simple interest-earning savings account.
- Low minimum opening balance
- Unlimited deposits and in person cash withdrawals
- An additional activity fee may apply for each transaction over the legal limit of six.
- Free Online Banking
- FDIC insured
- Compounds daily
- Paid monthly
Requirements and Other Restrictions:
- Minimum opening balance: $100.00
- The minimum daily balance to avoid a monthly service fee is $300.00.