Savings Accounts

Customer Reviews & Ratings

Editorial Disclaimer: The editorial content on this page is not provided by any financial institution and has not been reviewed, approved or otherwise endorsed by any of these entities.

Advertiser Disclosure

2.73/5.0(Based on 7 Reviews )

EOne Savings - New Money Only From Salem Five Direct -Magnifymoney Review rating card
Rated 2.73/5 based on 7 customer reviews
$000.00 In stock
Product description: Customer reviews:
EOne Savings - New Money Only From Salem Five Direct - by Joseph, Feb 2, 2017
1.7/ 5stars
Be careful, although a good rate, it is only for the specified time. Also be warned, there is a $3 fee for every ACH movement of money out of the account -- something I have never experienced before.
EOne Savings - New Money Only From Salem Five Direct - by EG, Jun 14, 2017
1.9/ 5stars
Great rate. At the time I joined it was the best, but the $3 fee for every transfer out is buried pretty deeply in the paperwork and is insanely high in this day and age.
EOne Savings - New Money Only From Salem Five Direct - by Nicole, Jul 19, 2017
3.8/ 5stars
Great rate with a guarantee for a year at the time I opened. Was easy to open the account online and move money in. Very helpful customer service. There is a $3 fee to push money out to another financial institution but if you initiate the transfer from the other bank, Salem Five doesn't charge a fee so no big deal.
EOne Savings - New Money Only From Salem Five Direct - by Richard, Dec 1, 2017
4.7/ 5stars
It took longer than normal to open a account with this bank but I liked the 1.50% rate. Glad I read the previous review. What's the deal about transfer from your other bank from Salem to avoid the $3 fee. I agree - no big deal. Customer service is excellent when you chat online!! Hope to see the rate doesn't lower and that it increases!
EOne Savings - New Money Only From Salem Five Direct - by Robert, Dec 10, 2017
2.6/ 5stars
I won't B moving any money from my online bank to here even though there is a .25% differance
EOne Savings - New Money Only From Salem Five Direct - by David Shih, Jan 6, 2018
1/ 5stars
I've been a Salem Five customer for over ten years, and it's still my primary bank. But I am now moving accounts elsewhere. They changed online banking providers in November, and the new website is terrible. It takes more clicks and scrolling to pay and confirm a single bill. Editing recurring payments is a hassle. Account notifications (e.g. " a transaction over $1000 has posted to your account") used to be instantaneous, but now take more than a day. Other banks are making their websites and mobile apps easier. Don't mix up your Salem Five Direct accounts with regular Salem Five accounts. If you're at a Salem Five branch, use an ATM to make deposits: if a teller interacts with your eOne account, they'll charge you $6.
EOne Savings - New Money Only From Salem Five Direct - by Kap, Feb 13, 2018
3.8/ 5stars
I've had a Salem Direct account for close to 5 years, I started the account with a 1.5% rate but it dropped for a couple years and then when back up. I had to contact them to have my rate increased once it went back up to 1.5%. I wouldn't rely on them for day to day banking, they can be difficult to deal with. Moving money out takes a few days and most other task are slower than other banks. If you're looking strictly for a higher rate they really can't be beat but don't expect much else.

eOne Savings - New Money Only from Salem Five Direct

What our customers say...

Rate and Review

Your Rating:

Refresh Captcha
Rating Summary

5 stars

14%

4 stars

29%

3 stars

14%

2 stars

29%

1 star

14%

2.73/5.0

7 Reviews

Do you have a question?