Webster Value Savings
Get the convenience and ease of a low-maintenance savings account, plus the opportunity to unlock higher interest rates. If you have a Webster Value Checking account or just want to start building your savings, opening a Webster Value Savings account is your go-to next step.
Key features and benefits of Webster Value Savings:
- The option to increase the interest rate when you start an automatic savings program and use combined statements or e-delivery of statements1
- Free ATM card for easy access to your money
- Convenient Online Banking and Mobile Banking2
- Greater peace of mind with FDIC Insurance
- Minimum opening balance of just $5
- Simple ways to waive the monthly service charge of $5
- 0.02% Annual Percentage Yield (APY)
Easy ways to make Webster Value Savings free:
Maintain a $300 minimum daily balance
Maintain a Webster Checking account with the same primary owner
If you’re under the age of 21 or age 65 or older, your fee is waived
Not sure which savings account is right for you?
Better interest rate is available when you have a combined statement and a monthly automatic transfer from your Webster checking account of $25 or more, or if you have eDelivery of your savings statement and a monthly automatic transfer from your Webster checking account of $25 or more.
Mobile Banking: You must be enrolled in Webster Online Services to use Webster Mobile Banking. Message and data rates may apply. Check with your mobile services provider for any charges that may apply for data usage on your mobile device.
Mobile App: Our app supports Android 2.2+ and iPhone/iPad iOS 4.3.5+. Apple, the Apple logo, iPhone and Apple Watch are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay and Touch ID are trademarks of Apple Inc. Android is a trademark of Google Inc.
Federal regulations limit the number of transfers and electronic payments from a savings account to a maximum of six (6) per calendar month from the following categories: preauthorized transfers, including overdraft protection; telephone transfers; and electronic transactions, including WebsterOnline transactions, Checks, Check Card payments to third parties, Automated Clearing House (ACH) transactions and wire transfers. A per item fee will be deducted from your account if you exceed this limit.
The Annual Percentage Yield (APY) is accurate as of 07/14/2017 and may change at any time without prior notice, before or after the account is opened. Fees could reduce earnings.