Savers' Rewards A new online bank called HMBradley will reward its customers for good saving behavior, giving them an interest rate of 3% if they save a fifth of their income each month. CEO Zach Bruhnke: "Every challenger bank is the same and offer similar hooks like 'get paid early' or 'don’t pay a fee.' They're all focused on getting you to swipe your debit card, while we're after people who want to save." Fortune
An "online bank"? Never heard of it. Do they offer FDIC protection, and do they have zero-fee ATMs? I mean, do they even have cash on hand?
...HMBradley is not a bank. All HMBradley deposit accounts are opened by and held with a sponsor bank... All I needed to know. Thanks for the heads up, to STAY AWAY!