Cutting-edge savings solutions.
With innovation and convenience.
Business Savings Account Options
Your business savings account plays a vital role in your banking and financial strategy. At Luminate Bank, we understand the significance of your savings goals, which is why we offer a diverse range of account options tailored to meet your specific needs.
Luminate Radiant Savings
This includes a large network of surcharge free ATM's.
Interest Bearing 5.00% APY*
(Rate is current as of 9/5/2023)
Requires a minimum of $100 to open
No minimum balance fees
Luminate Brighter Savings
This includes a large network of surcharge free ATM's for those who also have a Luminate Checking account.
Requires a minimum of $100 to open
No minimum balance fees
Interest bearing at 3.04% APY
Money Market Business Savings
This account allows for higher balances.
Requires a minimum of $1,000 to open
Minimum balance of $1,000 to avoid a $10 monthly minimum balance fee
Interest bearing up to 2.78% APY
Tiered Rates
>$0.01 1.75% (1.76% APY)
>$10,000.00 2.00% (2.02% APY)
>$250,000.00 2.50% (2.53% APY)
>$1,000,000.00 2.75% (2.78% APY)
*Annual Percentage Yield (APY) for Luminate Radiant Savings on daily balances. No Minimum Balance. APY is accurate as 5/5/2023. Rates are subject to change. Fees could reduce earnings on the account. Contact Luminate Bank for current market rates. Consumer & Business accounts.
What do you get with your savings account?
Easy Ways to Save
Ready to start saving money instead of seeing your account balance drop? We can help!
Custom Alerts
Set up custom alerts so you always know what your savings account is doing and you'll never be surprised.
Mobile Deposit
Access your savings account any time and anywhere with our online banking and mobile app!
Privacy & Security
There's no need to worry about your funds when they're safe and secure with Luminate Bank.
Treasury Management
Our treasury management system provides you with the flexibility and scalability needed to manage cash flow efficiently, helping you increase profits and minimize risk. It also offers a range of features such as secure online banking solutions and sophisticated analytics to provide actionable insights into your business. With our treasury management system, you can take control of your finances so that you can make informed decisions for the future success of your business.
Have a question or concern for our team?
We're ready to help!
COMPANY
Luminate Bank
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