ANNUAL PERCENTAGE YIELD AND ACCOUNT TERMS DISCLOSURE
 
VELO by East West Bank
East West Premier Savings
 
Interest Rates
Daily Balance Interest Rate Annual Percentage Yield
$0.00 to $9,999.999
$10,000.00 to $24,999.999
$25,000.00 to $49,999.999
$50,000.00 to $99,999.999
$100,000.00 to $249,999.999
$250,000.00 to $499,999.999
$500,000.00 to $999,999.999
$1,000,000.00 to and above
Variable Rate Account
Your interest rate is variable and may be changed at any time, at our discretion and without prior notice.
Interest Accrual / Payment Frequency
Interest begins to accrue on the day you make your deposit, and is credited to your account on a monthly basis.
Interest Compounding / Computation
Your interest is compounded daily on an actual/365 day basis. We use the daily balance method, which applies a daily periodic rate to the principal in the account each day.
 
Additional Terms and Conditions
Minimum Opening Balance
$100.00
Monthly Maintenance Fee
Waived for Velo by East West Bank customers.
Age Requirement
Limited to individuals 18 years of age or older.
Transaction Limitations

Federal regulations limit you to a combined total of (6) withdrawals or transfers each calendar month or monthly statement cycle including, but not limited to, pre-authorized electronic transfers (such as ACH debits, overdraft protection and bill payments); transfers and withdrawals initiated electronically by phone, facsimile or computer; and check, draft, debit card, or similar order made by you and payable to third parties.

These limits do not apply to withdrawals made in-person at an East West Bank branch office, by mail or messenger, or at an ATM.

Please refer to the “Account Limitations” section of the East West Bank Deposit Agreement, which has been provided with this disclosure, for additional details.

ATM Access
Available when linked to a Debit Card that has a primary link to any non-money market personal checking account offered by East West Bank or Velo by East West Bank.
ATM Withdrawal Fees
There is no charge for using a proprietary East West Bank ATM.
East West Bank will not charge you for the first two non-proprietary ATM withdrawals per statement cycle, but will assess a $1.00 fee for each withdrawal thereafter. Additionally, 3rd party ATM usage fees may be charged to your account at the request of the provider operating the non-proprietary ATM.
Other Fees and Services
Additional fees may apply. Please refer to the East West Bank Fee Schedule, which has been provided with this disclosure, for additional fee information.