GET UP TO $500 CASH BACK
From May 1 - May 31, 2023, bring in new money from another financial institution and receive cash back when depositing into your ASB personal savings account:
- Deposit a minimum of $100,000 into a personal savings account and receive $500 cash back* or
- Deposit a minimum of $50,000 into a personal savings account and receive $250 cash back*
ELIGIBLE SAVINGS ACCOUNTS
New money deposited in your savings account must be retained for at least 90 days to receive cash back.
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* Offer valid from 05/01/2023 to 05/31/2023, when 1) you deposit a minimum of $100,000 from another financial institution into specified savings accounts to receive $500 (or deposit a minimum of $50,000 from another financial institution to receive the $250 “gift”), 2) the minimum deposit amount to qualify for the gift (“eligible funds”) remains in your ASB personal savings account for a minimum of 90 days from the end of the promotion (08/29/2023), and 3) you opt-in and let us know of your intent to participate in this promotion by visiting one of our branches or by calling our Customer Banking Center. Eligible funds must post to the account within the campaign period. The maximum external transfer amount during online account opening is $2,500; remaining eligible funds from another financial institution must be deposited via branch, wire, or by ASB Online Banking via mobile deposit(s) or external transfer(s).
If customer is new to ASB, must not have a closed ASB personal savings account after 04/30/2021. Eligible personal savings accounts are existing or new Statement Savings, Tiered Savings, Money Market, or existing Supreme Savings and Premier Savings accounts. Moneyhune and Holiday Savings accounts are not eligible for this promotion; ASB does not currently open new Supreme Savings and Premier Savings accounts. Minimum to open a Statement Savings, Tiered Savings or Money Market account is $20. ASB will deposit the applicable gift amount into your savings account by 09/08/2023. If there is a withdrawal of the eligible funds from your account within 90 days from the end of this promotion (08/29/2023), you will not qualify for the gift. If a new Statement Savings, Tiered Savings or Money Market account was opened for this promotion and is closed within 180 days of opening, a $100 fee will be assessed.
Value of the gift is considered interest and may be reported to the IRS. Limit of one gift per customer and only one account per customer is eligible. Limit of one gift per customer for any 12-month period. One cannot combine this cash back offer with any other promotion. Fees could reduce the earnings on the account.
For Statement Savings accounts, ASB waives the $4.50 Monthly Service Fee when one maintains a $300 minimum daily balance per statement period. Annual Percentage Yield (APY) is 0.02%, effective as of May 1, 2023.
For Tiered Savings accounts, ASB waives the $5 Monthly Service Fee when one maintains a $500 monthly average balance per statement period. APYs are 0.00% for balances less than $5,000; 0.02% for $5,000 to $9,999; 0.02% for $10,000 to $24,999; 0.02% for $25,000 to $49,999; 0.03% for $50,000 to $99,999; 0.03% for $100,000 to $499,999; 0.03% for $500,000 to $749,999; 0.03% for $750,000 to $999,999; 0.03% for $1,000,000 to $2,499,999; 0.03% for $2,500,000 and over, effective as of May 1, 2023.
For Money Market accounts, ASB waives the $10 Monthly Service Fee when one maintains a $2,500 monthly average balance or a $1,000 minimum daily balance per statement period. APYs are 0.02% for balances less than $2,500; 0.02% for $2,500 to $9,999; 0.02% for $10,000 to $24,999; 0.02% for $25,000 to $99,999; 0.03% for $100,000 to $499,999; 0.03% for $500,000 to $999,999; 0.03% for $1,000,000 and over.
For existing Supreme Savings accounts, ASB waives the $4.50 Monthly Service Fee when one maintains a $300 minimum daily balance per statement period. APY is 3.00%, effective as of May 1, 2023.
For existing Premier Savings accounts, ASB waives the $4.50 Monthly Service Fee when one maintains a $300 minimum daily balance per statement period. APY is 0.20%, effective as of May 1, 2023.