Checking & High-Yield Savings Accounts
Checking & High-Yield Savings Accounts
Loans for doctors, checking and savings accounts for everyone. Take advantage of the free checking and high-yield savings accounts online without the hassle.
Loans for doctors, checking and savings accounts for everyone. Take advantage of the free checking and high-yield savings accounts online without the hassle.
Banking Made Easy
Banking Made Easy
Our Panacea High-Yield Savings Account offers an excellent rate at 11x the national average3 – 4.00% APY2. Open your account in minutes with as little as $25.
Our Panacea Checking Account is designed with you in mind with free ATM use nationwide, no overdraft fees, and a custom debit card.
Best of all, our mobile apps and online banking provide maximum flexibility and convenience. If you want to speak with us, we’re always available 24 hours a day, 7 days a week.
Ready? You can open your account online in as little as 8 minutes.
High Yield Savings
High Yield Savings
- Available to everyone - doctors and non-doctors alike!
- 4.00% APY2 - 11x the national average3
- Open an account in minutes with as little as $25
- Fund your account for free!1
- FDIC insured4
100% Free Checking
100% Free Checking
- Available to everyone - doctors and non-doctors alike!
- FREE ATM use nationwide1
- FREE incoming & outgoing wires
- FREE checks
- FREE cashier’s checks & stop payments
- NO overdraft fees
High-Balance Deposits
High-Balance Deposits
- Insure balances up to $125 million!
- Insured Cash Sweep (ICS) Accounts protect deposits tied to each tax ID
- Protection backed by the FDIC and full faith of the federal government
- FDIC protects up to $250,000 per ownership category
- Learn how Panacea can help you secure up to $125 million per tax ID, for free
How ICS Works
FAQs
Our totally free checking and high-yield savings accounts are available to everyone! We want to share this product with people in every industry!
With a totally free Panacea Checking Account, you can use any ATM in the country and we'll reimburse you all the fees at the end of your statement cycle. It's totally free!
Our debit cards are on the VISA Network - accepted by 44 million retailers and in over 200 countries around the world. Take your card everywhere!
A high-yield savings account is a savings account that can offer a much higher interest rate than a typical savings account interest rate.
Panacea's High-Yield Savings Account differs because of no minimum balance, 24/7 support, FDIC insured and more! Current digital high-yield savings account rates have similar rates, but may require high minimum balances.
No! The minimum amount to open our online high-yield savings account is $25, and you will get our best rate on every dollar in your account, at any amount.
Our application process takes just 8 minutes, and we can have your account open and funded in as little as one business day. Start using your account today!
All of our accounts come with free overdraft protection.
A high-yield savings account can help you save money faster in a safe and accessible way. When your account earns a higher annual percentage yield, your money grows faster than a regular savings or checking account. Simple as that.
A high-yield savings account doesn’t come with the volatility of the stock market, so you’ll never lose any of your principal on a bad day. Instead, you’ll have a fixed interest rate, and your money will always be growing.
