What is the minimum balance required for a savings account?
The minimum balance required for a savings account at Real People Finance is $100. We believe in making saving accessible to everyone, which is why we have set the minimum balance at a reasonable amount. This allows individuals to start saving and earning interest on their money without needing a large initial deposit. By maintaining a balance of at least $100 in your savings account, you can enjoy the benefits of competitive interest rates and keep your account active. Whether you're saving for short-term goals or building an emergency fund, our savings account is designed to support your financial goals with a manageable minimum balance requirement.
Answered Nov 1, 2023
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