Pricing
Fees
Published defaults as of this schedule. An administrator can change a module setting, and the figure on the application you sign is the one that applies to that request. Deposit fees are not investment fees. Advisory and brokerage are not FDIC insured.
| Item | When it applies | Typical amount |
|---|---|---|
| Checking, monthly | Everyday checking, unless the setting changes | $0 |
| Savings, monthly | Savings account | $0 |
| Savings APY | Compounded monthly, on a released account | 4.20% |
| Business deposits | Monthly fee. Opening minimum $100. APY 1.50% | $15 |
| Internal transfer | Between your Newham Savings Pro accounts | $0 |
| External ACH | To another bank, when ACH is turned on. Reviewed at $10,000 or more. Daily combined limit $25,000 | $0 |
| Bill pay | Electronic payment, up to $10,000. Three business days of lead time | $0 |
| Person to person | Up to $1,000 each and $2,500 a day | $0 |
| Domestic wire | Outgoing, up to $100,000. After 3:00 p.m. local time, next business day. Held for a banker by default | $25 |
| International wire | Outgoing, up to $50,000, before any correspondent-bank charge | $45 |
| Overdraft item | Only if you opt in. At most 3 fees a day. Linked savings can cover up to $500 | $34 |
| Personal card | Purchase APR 19.99%. Cash back 1.50%. Travel rewards 2%. Starting limit $2,500 if approved | $0 annual fee |
| Card replacement | Replacement from card management. A limit review is answered in 5 business days by default | $0 |
| Credit builder deposit | The deposit is the credit limit. $200 to $2,500 | Your deposit |
| Personal loan | $1,000 to $50,000. Note rate 8.99% before risk-based pricing. Up to 60 months | $0 origination |
| Home loan | $50,000 to $2,000,000. Note rate 6.75%. Up to 30 years. Maximum loan-to-value 80% | See the application |
| Auto financing | $5,000 to $80,000 financed. APR 6.99%. Up to 72 months | See the application |
| Business credit | $5,000 to $250,000. Rate 8.99%. Term up to 60 months, or a revolving line | See the application |
| Brokerage commission | Online equity trade. Minimum to open $0. Not a deposit and not FDIC insured | $0 |
| Advisory | 0.75% a year of assets. Minimum investment $5,000. Not FDIC insured | 0.75% |
| Paper statements | If you ask for paper. Electronic statements are free and kept 24 months | $0 |
| Foreign exchange | Spread of 0.80% over the indicative mid-market rate, on conversions from $1 to $50,000 | 0.80% |
The figure on the application is the one that applies to that request. Module settings can change.