Centime Summer Promo: Earn a Powerful 3.50% Annual Percentage Yield

2 min

We're thrilled to announce that Centime now offers a powerful 3.50%† Annual Percentage Yield (APY) on our Centime Checking Plus* account! 

Why 3.50% APY is a Game Changer for Business Checking

For businesses with large deposits, earning 3.50%† APY is a significant advantage. Here’s why:

1. Maximize Earnings

Traditional business checking accounts offer minimal interest, leading to missed opportunities for growing your funds. With 3.50%† APY, your deposits work harder for you, generating substantial returns.

2. Inflation Hedge

High inflation can erode the value of idle funds. A higher APY helps counteract inflation, preserving your capital’s purchasing power and ensuring your money grows in real terms.

3. Strategic Financial Planning

Predictable and higher returns allow for better financial planning. Whether you're setting aside funds for future investments, expansions, or unforeseen expenses, knowing your money is growing efficiently provides a solid financial foundation.

4.Competitive Edge

Enhanced earnings can be reinvested into the business, giving you a competitive edge. Whether it’s upgrading technology, hiring talent, or expanding operations, the extra income can make a significant difference.

Simplify Deposit Diversification

In today's unpredictable financial climate, 3 out of 4 CFOs emphasize the importance of diversifying their deposits to mitigate the risk of bank failures and safeguard their funds beyond the $250,000 FDIC coverage limit**. However, manually diversifying across multiple banks can be cumbersome and time-consuming.

Centime Checking Plus* solves this problem by automatically diversifying your deposits over $250,000**, ensuring multi-million dollar FDIC coverage. Now, you can protect your funds without the hassle of opening and managing multiple accounts and banking relationships.

Take advantage of this incredible opportunity to earn 3.50%† APY with Centime Checking Plus and enjoy peace of mind with effortless, comprehensive deposit protection. This promotional rate is available through October 31, 2024. 

*Centime is a financial technology company, not a bank. 

*All banking products and solutions are provided by FNBO. Member FDIC.

**Deposit placement through ICS is subject to the terms, conditions, and disclosures in the applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi and ICS are registered service marks, and IntraFi Cash Service is a service mark, of IntraFi Network LLC.

†3.50% Annual Percentage Yield (APY) is a promotional rate good through Oct 31, 2024. After Oct 31, rate will adjust to current market rate. Deposit rates may change daily. Fees may reduce earnings.

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