How long will it take to reach your savings goal(s)? We've created this tool for you to find out. Drag the sliders or manually type in the requested amounts to get started.
You will reach your goal in under 6 months. Please adjust the values
and try again.
It will take over 35 years to reach your goal. Please adjust the values
and try again.
You must enter a value for all fields before you can proceed.
Important information about procedures for opening a new account
To help the government fight the funding of terrorism and money laundering
activities, U.S. Federal law requires financial institutions to obtain,
verify, and record information that identifies each person (individual or
business) who opens an account. What this means for you: When you open an
account, we will ask for your name, address, date of birth, and other
information that will allow us to identify you. We may also ask for your
driver’s license or other identifying information.
There is a $5,000 minimum opening account deposit.
For Your Protection: Security Update
Effective January 2, 2019, Automated Clearing House (ACH) debits that
originate from external financial institutions, other than from the deposit
account that you have successfully validated through the “External Transfers”
function in Popular Direct Online Banking (the “External Account”), will
not be permitted during the first 70 calendar days after opening your
Popular Direct Ultimate Savings Account. During such 70-day period you will
only be permitted to complete online transfers from the External Account or
from your other Popular Bank accounts.
Please note, your Popular Direct Ultimate Savings Account will continue to earn
interest during this time.
All Popular Direct deposit products are offered by, and will be opened through, Popular Bank. Popular Bank is a Member FDIC institution and a New York state chartered bank. Processing services for all Popular Direct deposit products are provided by Popular Bank. All deposits with Popular Bank (including deposits through Popular Direct deposit products) are insured by the FDIC up to the applicable maximum amount allowed by law for each deposit ownership category. All balances for Popular Direct and Popular Bank deposits would be combined for purposes of determining FDIC coverage eligibility. For more information about FDIC Insurance coverage of deposit accounts, visit https://www.fdic.gov/deposit/deposits
This symbol provides notice that the preceding statement requires the user to read additional information.
1. The Annual Percentage Yield (APY) is effective as of and may be cancelled or withdrawn at any time and is subject to change without notice. Popular Bank, in its sole discretion, reserves the right to change or terminate this offer at any time. There is a $5,000 minimum deposit to open an account. If the balance on any day of the statement period is less than $500, a $4 fee will be assessed. Fees may reduce earnings.
The calculator is made available to you as a self-help tool for your independent use and it is not intended to provide investment advice. Popular Bank cannot and does not warrant or guarantee the applicability or accuracy regarding your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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