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Business Savings Accounts

As the oldest and largest savings bank headquartered in Philadelphia, we’ve learned a thing or two about thinking ahead. With our savings account options, saving for your business is second nature.

Statement Savings Accounts

  • Business Statement Savings

    This account gives you the basics so you can get down to business. Start earning interest on balances of just $25 or more and get a statement each quarter so you can watch your savings grow.

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    Open for just $25

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    $5 monthly service charge waived if the $300 minimum daily balance is met

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    Online Banking

  • Preferred Business Statement Savings

    If you’ve got a Start GrowingSM Package or Professional Package, you can reap some extra rewards. We offer bonus interest rates on balances of $25 or more and give you a quarterly statement to help you keep track of your savings.

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    Open for just $25

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    $5 monthly service charge waived if the $300 minimum daily balance is met

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    Online Banking

Compare

Money Markets

  • Business Money Market

    If you’re looking for higher interest rates and access to your savings, this money market is a clear choice. It's just $1,000 to open and allows you to withdraw several times a month while getting tiered interest rates.

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    $15 monthly service charge waived if you maintain the $1,000 minimum daily balance requirement

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    Online Banking

  • Preferred Business Money Market

    Designed exclusively for Start GrowingSM Package or Professional Package customers, this money market account rewards you with higher bonus rates paid on 5 different tiers.

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    $15 monthly service charge waived if you maintain the $1,000 minimum daily balance requirement

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    Bonus tiered rates

Compare

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Business savings, simplified.

A complete breakdown of all our accounts.

  Business Statement Savings Business Money Market Preferred Business Statement Savings Preferred Business Money Market
Best if you want: Savings made easy Easy access to your money while earning higher rates Savings made easy for package customers Easy access to your money while earning higher rates for package customers
MINIMUM TO OPEN: $25 $1,000 $25 $1,000
MINIMUM DAILY BALANCE: $300 $1,000 $300 $1,000
MONTHLY SERVICE CHARGE: $5 monthly service charge waived if minimum daily balance requirement is met $15 monthly service charge waived if minimum daily balance requirement is met $5 monthly service charge waived if minimum daily balance requirement is met $15 monthly service charge waived if minimum daily balance requirement is met
EARNS INTEREST: Yes, on balances of $25 or more Yes, tiered rates Yes, bonus rates on balances of $25 or more Yes, bonus rates paid on 5 tiers
BASIC- ONLY BANKING: FREE FREE FREE FREE
OVER-THE-COUNTER WITHDRAWALS PER MONTH Unlimited* Unlimitedº Unlimited* Unlimitedº
REQUIREMENTS:     Only for Start GrowingSM or Professional Package customers Only for Start GrowingSM or Professional Package customers


Full Details

Less Details

*Transfers: pre-authorized, automatic, telephone or debit card to a third party are limited to six (6) per month.
ºTransfers: pre-authorized, automatic, telephone, debit card or check to a third party are limited to six (6) per month.

Run your business in real time.

Our electronic and online tools make it easy to bend and flex with the ever-changing needs of your business.

From the Learning Library

The right knowledge makes the difference.

We’ll help you plan rather than worry, prepare rather than react, with the latest ideas and strategies for your business.




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1818 Beneficial Bank Place
1818 Market Street
Philadelphia, PA 19103

888.742.5272
info@thebeneficial.com
The use of non-secure email is intended for general questions, inquiries and comments only. Confidential Customer information cannot be accepted electronically.


Routing No: 236075689
SWIFT Code: BENFUS33

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USA PATRIOT Act

To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you – When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license and other identifying documents.