| MainStay Savings Account | |
|---|---|
| Requirements | Minimum daily balance to open and earn interest each quarter ~ $2,500 |
| Benefits | Monthly maintenance fee ~ waived with daily balance of $2,500 or more
Higher yield than most savings accounts Interest is compounded and paid quarterly One withdrawal at no charge per quarter |
| Cost | Monthly maintenance fee with daily balance under $100 ~ $3
Excessive activity fee for each withdrawal/debit after 1 at no charge ~ $1 each |
