Deposit Account Terms and Current APYs

Customers with HMBradley Deposit Accounts opened with New York Community Bank, a division of Flagstar Bank, N.A. (NYCB) are eligible to earn the following annual percentage yields (APYs) in accordance with the Deposit Account Agreement & Disclosures

APYs accurate as of 01/26/2023:

Level 1

2.00% APY

Customers who open an HMBradley Deposit Account with NYCB will earn 2.00% APY.

Level 2

3.00% APY

Customers who make a qualifying direct deposit of at least $500 per month to their NYCB deposit account and also maintain positive monthly cash flow (meaning that monthly deposits exceed monthly withdrawals, not including HMBradley Credit Card payments) will earn 3.00% APY in the following month.

Level 3

4.00% APY

Customers who make a qualifying direct deposit of at least $500 per month to their NYCB deposit account, maintain positive monthly cash flow (meaning that monthly deposits exceed monthly withdrawals, not including HMBradley Credit Card payments), and also spend $500 per month on their HMBradley Credit Card will earn 4.00% APY in the following month.

Interest rates and APYs may change any time after the account is opened. We do not pay interest on account balances above $250,000. Any fees may reduce the APY earned on the account. A minimum deposit of $100 is required to open an account.

HM Bradley, Inc. (HMBradley) is a financial technology company, not a bank. Deposit accounts provided by New York Community Bank, a division of Flagstar Bank, N.A., Member FDIC. Accounts are insured up to $250,000 per depositor. The HMBradley Mastercard Credit Card is issued by Hatch Bank pursuant to a license from Mastercard, Inc. and may be used everywhere Mastercard debit and credit cards are accepted. Certain restrictions may apply. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.