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Update: They are getting ready to launch soon!
Sign up for a FREE Beam High Interest Savings Account: Earn 2-4% APY With No Fees! You can get on the waitlist now to get a spot once they go live.
Beam is a new high interest account that is FDIC insured and has no fees. They claim that they will offer users anywhere from 2-4% APY which would be some of the highest rates of any bank. According to their FAQ they have zero fees and will never charge any.
You can easily make unlimited transfers to and from your primary checking account within 1 – 2 business days. We do not charge fees on money transfers, and there is absolutely no minimum balance for using Beam.