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Ameriprise® Bank Savings Account
Strategically managing your cash is an important process in the journey to achieving your savings goals. Ameriprise Bank, FSB offers a digital savings account for individual or joint account owners. Ameriprise clients can apply for this savings account online at anytime. Once opened, make a minimum opening deposit of $100. See current Ameriprise Bank Savings Account rates
Grow your savings with us and enjoy up to a $500 bonus2
Here is how it works:
- Deposit New Money into your new or existing Ameriprise® Bank Savings Account by August 30, 2024. See the chart below for details.
- Maintain existing balance and New Money deposits in the Account through February 28, 2025.
- Receive either a $500 or a $200 bonus
Check out our competitive rates and get started:
Ameriprise® Bank Savings Account annual percentage yield ("APY") versus other savings accounts APYs for balances of $250,000.
Ameriprise Bank Savings Account rates
|
Account Balance6 |
Interest Rate6 |
Annual Percentage Yield6 |
|---|---|---|
| $0 - $4,999 | 3.20% | 3.25% |
| $5,000 - $9,999 | 3.20% | 3.25% |
| $10,000 - $24,999 | 3.20% | 3.25% |
| $25,000 - $49,999 | 3.20% | 3.25% |
| $50,000 - $99,999 | 3.44% | 3.50% |
| $100,000 - $249,999 | 3.92% | 4.00% |
| $250,000+ | 4.16% | 4.25% |
Printer-friendly savings account rate sheet
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Ameriprise Bank Savings Account features
Our savings account is digitally integrated to be viewed 24/7 alongside all your Ameriprise accounts on the secure site on ameriprise.com or on the Ameriprise Financial app.5
Make mobile deposits by logging into this savings account through the Ameriprise Financial app.5
Deposit or withdraw funds from this savings account using ACH transfers, internal Ameriprise transfers to and from other eligible Ameriprise accounts, domestic wire transfers, or by requesting an official check.6
Ameriprise Bank Savings Account is FDIC insured7 up to applicable limits.
This savings account has no monthly maintenance fees.8
Ameriprise Bank Customer Service Center is available from 7 a.m. to 6 p.m. Central time (CT) Monday – Friday for questions or support.
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Disclosures:
The content of this page is informational only. Ameriprise® Bank Savings Accounts are subject to approval. Other terms and conditions apply. The terms, conditions, fees and features of the Ameriprise Bank Savings Accounts may change. For terms and conditions of Ameriprise Bank Savings Account, please see Ameriprise Bank, FSB Deposit Account Agreement.
1If you do not have secure site access or have any questions, please contact Ameriprise Bank Customer Service Center at 800.862.7919.
To receive the $500 bonus (“Tier 1”), you must:
1) Deposit $25,000 or more in New Money (“Required Amount”) into your Ameriprise Bank Savings Account (“Account”) by August 30, 2024. “New Money” is money that is deposited into the Account directly from external accounts outside of Ameriprise Bank, FSB and its affiliates. Deposits made by internal transfers from any other Ameriprise accounts are not eligible for the Tier 1 bonus offer; AND
2) Through February 28, 2025, maintain a daily balance equal to or greater than your June 30, 2024 beginning balance plus $25,000 qualifying New Money. Withdrawals from the Account may affect your ability to earn the Tier 1 bonus offer.
To receive the $200 bonus (“Tier 2”), you must:
1) Deposit $10,000 or more in New Money (“Required Amount”) into your Ameriprise Bank Savings Account (“Account”) by August 30, 2024. “New Money” is money that is deposited into the Account directly from external accounts outside of Ameriprise Bank, FSB and its affiliates. Deposits made by internal transfers from any other Ameriprise accounts are not eligible for the Tier 2 bonus offer; AND
2) Through February 28, 2025, maintain a daily balance equal to or greater than your June 30, 2024 beginning balance plus $10,000 qualifying New Money. Withdrawals from the Account may affect your ability to earn the Tier 2 bonus offer.
You are eligible for only one of the bonus offers (Tier 1 or Tier 2); you cannot receive both.
Offers are only available to existing Ameriprise clients as of June 30, 2024 who have not received a savings bonus in the past 18 months.
You may make multiple deposits within the Offer Period to reach the Required Amount. To remain eligible, your Account must be open and in good standing at the time the bonus is credited to your Account. Limit one Bonus Offer per customer. A customer who is an owner of an individual Account and/or a primary owner of multiple joint Accounts will be limited to one Bonus Offer. If all Tier 1 or Tier 2 Bonus Offer requirements are met, the appropriate bonus will be credited to the Account by March 31, 2025.
A $100 minimum deposit is required to open a new Account. The bonus will be reported as interest on IRS form 1099-INT and the recipient is responsible for any applicable taxes. Please consult your tax advisor; neither Ameriprise Bank, FSB nor its employees provide tax advice.
Other restrictions may apply. We reserve the right to modify or withdraw this Bonus Offer at any time without notice. If we determine that you have engaged in or plan to engage in abuse, gaming or fraud in connection with this Bonus Offer, you will not be eligible for this offer.
All Account terms, conditions, fees, rates and opening procedures apply. For details, please see the Ameriprise Bank, FSB Deposit Account Agreement, Ameriprise Bank Savings Account Consumer Pricing Disclosure and Rate Sheet available at ameriprise.com.
3Annual Percentage Yield (“APY”) is accurate as of 06/13/2024. Ameriprise® Bank Savings Account is a tiered variable-rate account. Each tier reflects the minimum and maximum daily ending balance required to obtain the applicable APY. Ameriprise Bank Savings Account balance tiers and corresponding APYs are: 3.25% APY on $0 to $4,999.99; 3.25% APY on $5,000 to $9,999.99; 3.25% APY on $10,000 to $24,999.99; 3.25% APY on $25,000 to $49,999.99; 3.50% APY on $50,000 to $99,999.99; 4.00% APY on $100,000 to $249,999.99; 4.25% APY on $250,000 or more. The rates in any tier may change in our sole discretion at any time without notice, before or after the account is opened. Fees could reduce earnings. Interest is compounded daily and paid monthly. Please see Ameriprise® Bank Savings Account Rates and Ameriprise Bank, FSB Deposit Account Agreement at ameriprise.com/disclosures for more information. The minimum deposit required to open an Ameriprise Bank Savings Account is $100.
4 The APYs of the banks’ savings accounts included in the chart are only for Wells Fargo Platinum Savings Relationship APY, Citi® Savings Citigold® Relationship Tier APY, Bank of America Advantage Savings Preferred Rewards Platinum Honors Tier and higher APY and Chase Premier SavingsSM Premier relationship APY for the balance of $250,000 and are obtained from each respective bank’s website as of 06/13/2024. The chart does not include Wells Fargo Platinum Savings, Citi® Savings, Bank of America Advantage Savings and Chase Premier SavingsSM account features, minimum balances, fees, banking options, terms, conditions and other APYs. The accuracy, timeliness and completeness of the APYs cannot be guaranteed. The APYs in this chart are for zip code 60601 in Chicago, Illinois. APYs may vary by city and/or state and do not account for bonus, special or promotional APYs. APYs for the savings accounts included in the chart are subject to change at any time. This chart does not include all savings accounts available in the marketplace.
The service marks and trademarks for Wells Fargo, Citi, Bank of America and Chase and their accounts are owned by each respective entity
5Eligibility requirements and restrictions apply. Wireless, message and data rates may apply. Please refer to Ameriprise Mobile Deposit Addendum, Ameriprise Bank, FSB Deposit Account Agreement and Mobile Deposit FAQ for information.
6 The number of transfers or withdrawals from an Ameriprise Bank, FSB savings account are limited to a total of six per monthly statement cycle (or each month if you have a quarterly statement cycle) from the following: preauthorized or automatic transfers, telephone or other electronic transmissions, online banking and mobile banking transfers. If the transaction limits are exceeded, fees will be applied, privileges on the account may be revoked or account may be closed. Please see the Ameriprise Bank, FSB Deposit Account Agreement and Consumer Pricing Disclosure for more details.
7For information regarding FDIC deposit insurance, please visit FDIC: Your Insured Deposits.
8For information about Ameriprise Bank, FSB savings account fees, please see the Ameriprise Bank, FSB Deposit Account Agreement and Consumer Pricing Disclosure.
9Annual Percentage Yield (“APY”) is accurate as of 06/26/2024. Ameriprise Bank Savings Account is a tiered variable-rate account. Each tier reflects the minimum and maximum daily ending balance required to obtain the applicable APY and interest rate. Rates are variable. The balance tiers applicable to Ameriprise Bank Savings Account and the rates in any tier may change in our sole discretion at any time without notice, before or after the account is opened. Fees could reduce earnings. Interest is compounded daily and paid monthly. Please see Ameriprise® Bank Savings Account Rates and Ameriprise Bank, FSB Deposit Account Agreement at ameriprise.com/disclosures for more information.
Ameriprise Bank, FSB. Member FDIC.
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