RateFlex

• 1

  Open Account

  Start with a Business Platinum Checking and add on the RateFlex Money Market with a $100,000 opening balance.

• 2

  Get Digital

  Sign up for Digital Services (if you haven't done so already) and select eStatements for your business accounts.

• 3

  Earn More

  Your RateFlex APY is based on your average daily balance per month. Earn the applicable RateFlex APY on balances of $100,000 to $5 million.

 

Account Details

• RateFlex is an add-on option only for Magnifi Business Platinum checking account holders
• $100,000 minimum opening balance required
• Your average daily balance for the month will determine the RateFlex APY you earn each month
• Higher RateFlex rates are available for balances of $100,000 up to $5 million
• Balances over $5 million will earn the applicable standard savings listed rate

RateFlex High-Yield Business Money Market Rates

Balance Tier	Annual Percentage Yield (APY)	Dividend Rate
$0 - $99,999	0.15%	0.150%
$100,000 - $499,999	2.50%	2.476%
$500,000 - $999,999	2.75%	2.720%
$1,000,000 - $2,499,999	3.00%	2.960%
$2,500,000 - $5,000,000	3.25%	3.200%
Above $5,000,000	0.15%	0.150%

APY = Annual Percentage Yield. RateFlex High-Yield Business Money Market requires a minimum opening balance of $100,000 and a Magnifi Business Platinum Checking account. RateFlex APY is determined by averaging the end-of-day balances in the RateFlex account for that month and applies to balances up to $5 million. A period means a monthly cycle. Balances over $5 million earn the applicable listed rate. RateFlex account funds must be new to Magnifi Financial. Government entities, schools, municipalities, and trust funds are not eligible. Rates and terms are subject to change at any time without notice. Other restrictions may apply. Not valid with any other offers. Insured by NCUA.