Available nationwide, the Western Alliance Bank High-Yield Savings Premier account is offering 4.46% APY rate for all balances.
Western Alliance Bank High-Yield Savings Premier
Update 11/25/24: See why we recommend this savings 4.46% APY rate as of one of our top savings account!
1The annual percentage yield (APY) is accurate as of November 7, 2024 and subject to change at the Bank’s discretion. Refer to product’s website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY.
About Western Alliance Bank High-Yield Savings Premier
Year after year, Western Alliance Bank ranks high among the best commercial banks in the nation with more than $70 billion in assets, thanks to a combination of strong capacity, proven expertise and outstanding customer service. Western Alliance is a trusted, award-winning financial institution with experienced bankers who put customers first. Major accolades include being ranked as a top U.S. bank in 2022 and 2023 by American Banker and Bank Director.
| Balance Requirement | APY Rate |
| Min. $0.01 | 4.46% APY |
Western Alliance Bank High-Yield Savings Premier Rate
- Learn More at Western Alliance Bank
- Account Type: High Yield Savings Account
- Interest Rate: 4.46% APY
- Availability: Nationwide
- Minimum Balance: $0.01
- Maximum Balance: $250,000
- Credit inquiry: Soft Pull
- Opening Deposit: $500 minimum
- Monthly Fees: No account activity or maintenance fees
- Early Termination Fee: None
(FDIC Insured)
How to Earn Western Alliance Bank Rate
- Open a new account with a minimum opening deposit of $500.
- Fill out your personal information – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account/transfer funds – Transfer funds electronically from an internal account here or an external account at another bank.
- Earn 4.46% APY.
Why You Should Sign Up For This Account
- FDIC insured
- Open your account online in five minutes or less
- No account activity or maintenance fees
- Enhanced security by connecting one external account where money can be moved to and from
- Open with $500 minimum deposit
Bottom Line
Check out this offer from Western Alliance Bank and open a High-Yield Savings Premier account to earn the high rate today!
For more bank offers, see the complete list of Best Bank Rates!
For more, see our review on Western Alliance Bank here.
Check back often to see the latest info on the Western Alliance Bank High-Yield Savings Premier account.
How long has western alliance bank been paying 5.31% on their savings accounts?
And, is that rate due to be lowered shortly, since none of their offered CD’s come even close to that rate.
And although I didn’t see a caution or disclaimer, aren’t banks free to change their savings rates at will, while a CD does lock in the customer’s CD Rate at time of opening.
All the while a possible Fed rate cut could be around the corner.
Would appreciate replies from anyone, either firsthand knowledgeable or what you expect will happen?
And thanks for any and all feedbacks!
How long does a withdrawal transaction take?
This was the easiest sign up I’ve ever encountered. No hassles, no delays. The online account setup worked great. I did not have to unfreeze my credit files to apply. They did not overreach on data collection. Only the minimum required information was requested. I was allowed to name a beneficiary right in the sign up process. Before I applied, I asked their support about ACH limits. Apparently, there are none except that the maximum single transaction is $250,000. The entire response is below. I’ll see what happens when I try to withdraw $200K on a single day. There is only a minimum $500 deposit to open. It’s one of the best interest rates in the country. I just got started with Western Alliance, but I’m hoping I’ll have full access to my money without all the ACH games many other banks play.
RESPONSE FROM WESTERN ALLIANCE SUPPORT CONCERNING ACH LIMITS
Thanks for reaching out to the Savings Premier support team. The maximum ACH allowed in or out is $250,000. The account allows users to deposit up to $250,00, while the total balance is allowed to be over that limit due to interest accrued. There are no transactional count limits. Depositing funds into the account takes 5 business days to settle. Withdrawals occur much faster as there are no mandatory settle days on withdrawals.