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- BrioDirect, the online banking arm of Webster Bank, offers a high-yield savings account and high-yield CDs1. It consistently has one of the best rates on the market for savings and charges no monthly fees. However, BrioDirect doesn’t have checking or money market accounts, and its CD rates mostly range from poor to middling12. If you prefer a bank with physical locations, you may want to look elsewhere3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.BrioDirect, the online banking arm of Webster Bank, offers two products: a high-yield savings account and high-yield CDs. It consistently has one of the best rates on the market for savings and charges no monthly fees. However, BrioDirect doesn’t have checking or money market accounts, and its CD rates mostly range from poor to middling.www.forbes.com/advisor/banking/briodirect-review/Overall BrioDirect is an online bank that offers CDs and a savings account. While the savings account earns a high yield, most of the bank’s CDs generally leave a lot to be desired. As such, those looking for a wide range of CDs offering high yields should look elsewhere. Moreover, BrioDirect recently discontinued its money market account.www.bankrate.com/banking/reviews/briodirect/BrioDirect Bank is a straightforward and simple way to park your money for savings. The interest rates are competitive, and there’s a low minimum to open an account. If you’re someone who isn’t keen on a digital-only bank and are more comfortable with an option that has physical locations, then it would probably be best for you to look elsewhere.www.investopedia.com/briodirect-bank-review-506…
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WEBJun 4, 2024 · BrioDirect Bank is a straightforward and simple way to park your money for savings. The interest rates are competitive, and there’s a low minimum to open an account.
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