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Salem Five Direct

Read our in-depth review of Salem Five Direct.

If you're looking for bank promotions, you must check out these offers.

    eOne Savings Account

    • 1.91% APY
    • $100 Minimum Opening Deposit
    • No Minimum Balance Requirement
    • No Fees to Open or Maintain Account
    • FDIC Insured

    eOne Certificate of Deposit

    • Up to 2.00% APY
    • 12-month, 18-month, or 36-month
    • $10,000 Minimum Balance (Max $500,000)
    • No Fees to Open or Maintain Account
    • FDIC Insured

    eOne Checking

    • 0.25% APY
    • $100 Minimum Opening Deposit
    • No Minimum Balance Requirement
    • No Fees to Open or Maintain Account
    • Free debit card with cash back on all non pin-based purchases
    • Up to $15/month ATM fee reimbursement
    • FDIC Insured

Compare Promotions

    CIT

    Savings Builder High Yield Savings - 1.80% APY

    Earn up to 1.80% APY. Here's how it works: Maintain a minimum balance of $25k OR make at least a $100 minimum deposit every month.

    Discover

    Certificate of Deposit

    • 2.00% APY for 12-month term
    • 2.05% APY for 24-month term
    • 2.10% APY for 5-year term
    Chase

    Chase Sapphire℠ Checking

    • Enjoy a $1,000 welcome bonus when you join Sapphire℠ Banking. Within 45 days, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible personal checking, savings and/or investment accounts, (excludes any J.P. Morgan retirement accounts and CDs) and maintain that balance for 90 days.
    • Enjoy a new kind of banking experience
    • No ATM fees worldwide - down the street or around the globe
    • Perks that add up - relationship rates, special access and help when you need it
    • Open online
    • Email my upgrade code
    • Available in: AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KY, LA, MA, MD, MI, MS, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WI, WV
    HSBC

    HSBC Advance Checking - Up to $350 Cash Back

      Get up to $350 with a 2% Cash Back Checking Offer when you open a new HSBC Advance checking account and complete the following qualifying activities.
    • Open your new HSBC Advance checking account by March 1, 2020; and
    • Set up Qualifying Direct Deposits into your new HSBC Advance checking account; and then
    • Enjoy 2% Cash Back on Qualifying Direct Deposits into your new HSBC Advance checking account, up to $30 per month, during the first 12 calendar months after account opening — up to $350
    • You will automatically receive the 2% Cash Back in your new HSBC Advance checking account approximately eight weeks after completing that month's qualifying activities.
    • Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.
    Expires 3/1/2020
    Discover

    Online Savings Account - Earn 1.70% APY

    • No fees
    • No minimum opening deposit
    • No minimum balance required

Pricing information from published website as of 01/22/2020


Salem Five Direct Alternatives

    Chase

    Chase Sapphire℠ Checking

    • Enjoy a $1,000 welcome bonus when you join Sapphire℠ Banking. Within 45 days, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible personal checking, savings and/or investment accounts, (excludes any J.P. Morgan retirement accounts and CDs) and maintain that balance for 90 days.
    • Enjoy a new kind of banking experience
    • No ATM fees worldwide - down the street or around the globe
    • Perks that add up - relationship rates, special access and help when you need it
    • Open online
    • Email my upgrade code
    • Available in: AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KY, LA, MA, MD, MI, MS, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WI, WV
    Huntington

    Asterisk-Free Checking Account - $150 Bonus

    Open a Huntington Asterisk-Free Checking account online. Make total deposits of at least $1,000 within 60 days of account opening. Your bonus of $150 will be deposited in your Asterisk-Free checking account after all requirements are met and your account is open for 90 days. This offer is available to applicants residing in Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, and West Virginia.

    CIT

    Savings Builder High Yield Savings - 1.80% APY

    Earn up to 1.80% APY. Here's how it works: Maintain a minimum balance of $25k OR make at least a $100 minimum deposit every month.

    HSBC

    HSBC Advance Checking - Up to $350 Cash Back

      Get up to $350 with a 2% Cash Back Checking Offer when you open a new HSBC Advance checking account and complete the following qualifying activities.
    • Open your new HSBC Advance checking account by March 1, 2020; and
    • Set up Qualifying Direct Deposits into your new HSBC Advance checking account; and then
    • Enjoy 2% Cash Back on Qualifying Direct Deposits into your new HSBC Advance checking account, up to $30 per month, during the first 12 calendar months after account opening — up to $350
    • You will automatically receive the 2% Cash Back in your new HSBC Advance checking account approximately eight weeks after completing that month's qualifying activities.
    • Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.
    Expires 3/1/2020
    Discover

    Online Savings Account - Earn 1.70% APY

    • No fees
    • No minimum opening deposit
    • No minimum balance required

Articles on Salem Five Direct

    Salem Five Direct Review

    Are you tired of bank fees and meeting minimum balance requirements? Salem Five Direct may be the answer to your needs. They don't have minimum balance requirements on their checking and savings accounts and they offer high-yield APYs.

Recent Mentions

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    The best online savings accounts pay a good interest rate, are fully secured, and allow for flexibility. Find the best high interest savings accounts to consider.

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CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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