Bank Logo

Popular Direct

5.15% Current APY

Historical APY


The Popular Direct High Yield Savings Account is an online-only savings account offering a competitive interest rate with no minimum balance requirement or monthly maintenance fees. Its primary feature is its high-yield interest rate, but it also has some limitations such as a maximum number of withdrawals per month, no physical branches or ATM access, potential translation fees for non-US transactions, and the possibility of interest rate changes. Despite these limitations, it has the added benefits of being FDIC insured up to $250,000 per depositor and having online and mobile banking access for easy management of your account.


  • Competitive interest rate
  • No minimum balance requirement
  • No monthly maintenance fees
  • Free online banking and mobile app
  • Federal Deposit Insurance Corporation (FDIC) insured up to $250,000 per depositor


  • Limit on the number of withdrawals per month
  • No physical branches or ATM access
  • Translation fees for non-US transactions
  • Interest rates may change at any time
  • May not be suitable for short-term savings goals because of the withdrawal limitations