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Brilliant Bank offers a Surge Money Market Account, which provides an annual percentage yield (APY) of up to 4.40%. This account combines the features of a savings account and a checking account, allowing users to save for various financial needs while enjoying higher interest rates compared to traditional savings accounts. The minimum deposit required to open this account is $1,000, and it is FDIC insured, ensuring the safety of your funds up to $250,000.
Opening a broker account with Brilliant Bank is straightforward and can typically be completed in just a few steps:
Visit the Website: Go to the Brilliant Bank website to begin the account opening process.
Select Account Type: Choose the Surge Money Market Account as your desired account type.
Fill Out Application: Complete the online application form with your personal information, including your name, address, Social Security number, and banking details.
Fund Your Account: After your application is approved, fund your account with the minimum deposit of $1,000. You can transfer funds electronically from your existing bank account.
Access Your Account: Once funded, you can manage your account through the Brilliant Bank mobile app, which allows you to deposit and withdraw money conveniently.
By following these steps, you can easily set up your account and start enjoying the benefits of higher interest rates.
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