RBMAX: Savings Accounts & Rates

Savings rates updated: 8/15/2025

Mission statement: Banksparency aims to make RBMAX's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.

Note: Interest rates below are reported as APY, or Annual Percentage Yield

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Savings Overview

Max Interest Savings: 4.15% APY(Rank 34 out of 81 tracked HYSAs)

Minimum Deposit: $10 | Online Only

National Savings Interest Rate: 0.38% (as of 7/21/2025)

Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.

(Source: FDIC)

Bank Overview

Location: Louisville, Kentucky

Founded: 1981

Affiliation: RBMAX is a division of Republic Bank & Trust Company

Access to Branches: None

Deposit Insurance: FDIC Cert # 23627

BBB Rating: A+ (BBB Accredited)

App Store Rating: 4.8/5

Google Play Rating: 4.3/5

Website: Visit RBMAX

Our Take on RBMAX

Highlights

4.15% APY on Max Interest Savings account
No maintenance fee with electronic statements
$10 minimum deposit requirement
A+ BBB rating and accredited

Considerations

APY capped at $249,999.99
Online-only bank with no physical branches
No direct deposit requirement may limit some users
No other savings accounts with higher APY

Summary: RBMAX offers a competitive 4.15% APY on its Max Interest Savings account, requiring only a $10 minimum deposit and no maintenance fees with electronic statements. The account is online-only and has an A+ BBB rating, indicating strong trustworthiness. However, the APY is capped at $249,999.99, and there are no physical branches. Additionally, the lack of other higher APY savings accounts may limit options for savers.

Savings Account: In-Depth View

Savings Account Offered by RBMAX

Feature	Max Interest Savings
APY	4.15% (as of 8/15/2025)
APY Trend	Stable for the last quarter
Minimum Deposit	$10
Minimum Balance for APY	$0
FDIC-insured	Yes
Online Only	Yes
Bundled Account	No
Direct Deposit Required	No
Compound Frequency	Monthly
Maintenance Fee	$0 with electronic statements
Eligibility	United States
Note	The 4.15% APY is capped at $249,999.99, after which it drops substantially.
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for RBMAX

All calculations are based on APY.

Savings Product:

Max Interest Savings (APY: 4.15%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,630 (10.43%)
Total contributions: $13,000 (83.17%)
Initial deposit: $1,000 (6.40%)

Your total balance

$15,630.00

Effective APY: 4.15% (based on your deposit and contributions)

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

RBMAX Savings Rates Over Time

Historical APY Insights

Metric	Max Interest Savings
Latest APY	4.15 %
Trend	Sideways
Slope (bps/mo)	-0.0
Rate Changes / Mo	0.00
Days Since Last Change	167
High (-6 m)	4.15 %
Low (-6 m)	4.15 %
Draw-down from High	0.0 %
Volatility (CV)	0.000

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 6 months (regression slope).
Slope (bps/mo): Average monthly change; 10 bps = 0.10 pp.
Rate Changes / Mo: Typical number of APY moves per month.
Days Since Last Change: Recency of the latest APY adjustment.
High (-6 m): Highest APY in the last 169 days.
Low (-6 m): Lowest APY in the last 169 days.
Draw-down from High: How far today sits below the 6-month peak.
Volatility (CV): Coefficient of variation = stdev ÷ mean.

Why Track Savings-Account APYs?

See how quickly a bank reacts to Fed moves or competition.
Gauge “twitchiness” - frequent moves can annoy savers.
Spot if you're buying near a peak (draw-down) or riding a rise.
Slope (bps/mo) shows speed of change.
Volatility (CV) scales jumps by average level.

Compare RBMAX's Savings Account

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Carver Bank - 4.00% APY
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Chase Bank - 0.01% APY
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CIT Bank - 0.25-4.00% APY
Citibank - 3.50% APY
Citizens Access™ - 3.50% APY
Colorado Federal Savings Bank - 4.15% APY
ConnectOne Bank - 4.00% APY
Customers Bank - 4.23% APY
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Elevault - 4.60% APY
E*TRADE from Morgan Stanley - 4.00% APY
EverBank - 4.30% APY
Evergreen Bank Group - 4.25% APY
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Flagstar Bank - 4.00% APY
FNBO Direct - 3.25% APY
Forbright Bank - 4.25% APY
FVCbank - 4.35% APY
GO2bank - 4.50% APY
High Plains Bank - 0.23-3.82% APY
Jenius Bank - 4.20% APY
LendingClub - 3.20-4.20% APY
Live Oak Bank - 4.10% APY
Marcus by Goldman Sachs - 3.65% APY
My Banking Direct - 4.30% APY
MySavingsDirect - 3.75% APY
Neighbors Bank - 4.60% APY
Newtek Bank - 4.35% APY
OMB Bank - 1.00% APY
Openbank - 4.20% APY
Peak Bank - 4.35% APY
Pibank - 4.60% APY
PNC - 3.95% APY
Poppy Bank - 4.25% APY
Popular Direct - 4.05% APY
Presidential Bank - 4.00-4.50% APY
Prime Alliance Bank - 4.05% APY
Primis Bank - 4.20% APY
Quontic Bank - 3.75% APY
Rising Bank - 4.30% APY
ROGER - 4.12% APY
Salem Five Direct - 4.01% APY
Sallie Mae Bank - 3.90% APY
Santander Bank - 0.03% APY
SoFi Bank - 3.80% APY
Synchrony Bank - 3.80% APY
TAB Bank - 4.15% APY
TD Bank - 0.05-3.00% APY
The State Exchange Bank - 3.05% APY
TIMBR - 4.40% APY
UFB Direct - 4.01-4.21% APY
Upgrade - 4.02% APY
Valley Direct - 4.30% APY
Varo Bank - 2.50-5.00% APY
Wells Fargo - 0.05-2.51% APY
Western Alliance Bank - 4.30% APY
Zynlo Bank - 4.35% APY

Feature	RBMAX	Select a bank...
Product	Max Interest Savings	N/A
APY	4.15% (as of 8/15/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	Yes	N/A
Compound Frequency	Monthly	N/A
Minimum Deposit	$10	N/A
Minimum Balance for APY	$0	N/A
Maintenance Fee	$0 with electronic statements	N/A
Direct Deposit Required	No	N/A
Note	The 4.15% APY is capped at $249,999.99, after which it drops substantially.	N/A

Alternatives to RBMAX

Banks with Higher/Similar Savings APY

For a top list of the highest savings rates, see all HYSA top rates

Varo Bank

High-Yield Savings Account: 5.00% APY

Minimum Deposit: $0

Online Only

Direct Deposit: Min. $1,000/month

CIBC Bank USA

Agility™ High-Interest Savings Account: 4.02% APY

Minimum Deposit: $1,000

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Forbright Bank

Growth Savings: 4.25% APY

Minimum Deposit: $0

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Bright Savings: 3.90% APY

Minimum Deposit: $250

Eligible States: Limited (see details)

High-Yield Savings Premier: 4.30% APY

Minimum Deposit: $500

Online Only