Open a Byline Bank Account Online

At Byline, we’re here to help you write your story no matter what chapter of your life you’re in. We have all of the services you need, online or in person, whenever you need them. With fast and easy online account opening in less than 3 minutes, we combine the advantages of electronic tools with the personalized service only a community bank can offer.

Checking and Savings Accounts

Freedom Personal Checking

All of the freedom with none of the fees.¹

Open Online

Statement Savings

Start that rainy day fund and earn interest with a low minimum monthly balance.²

Open Online

Money Market Accounts

Advantage Money Market

Earn 0.65% APY³ when you open with $25,000.

Open Online

Online Money Market

Earn 0.40% APY⁴ when you open with $5,000.

Open Online

Certificates of Deposit

Smart, dependable savings with competitive rates.

8 months⁵

0.15%

Annual Percentage Yield

Open Online

1 year⁵

0.10%

Annual Percentage Yield

Open Online

2 year⁵

0.50%

Annual Percentage Yield

Open Online

3 year⁵

0.60%

Annual Percentage Yield

Open Online

4 year⁵

0.70%

Annual Percentage Yield

Open Online

5 year⁵

1.00%

Annual Percentage Yield

Open Online

Features

Byline Bank Debit Mastercard®

By choosing a Byline Bank Debit Mastercard® to go with your Byline Bank account, you’re choosing fee-free ATM access to more than 55,000 Byline and Allpoint® ATMs nationwide. You’ll enjoy the security of Mastercard Zero Liability and the flexibility of Card Controls with the ability to make digital payments from mobile wallet apps like Apple Pay™, Samsung Pay™, and Google Pay™.

Ridiculously easy online and mobile banking.

Skip in-person visits with online and mobile banking where you can do the majority of your day-to-day banking securely from your computer or mobile device. You can schedule, track and pay bills, confirm account balances, transfer funds between Byline Bank accounts, pay friends through Zelle® and set up reminders and alerts. All at your fingertips.

Protecting you and your money.

At Byline, we’re committed to making sure your money and your private information remain secure. We will never call, email or contact you to request any confidential information, including your Social Security or account numbers, passwords or user ID, debit card PIN or online banking information. Never.

Business online account opening coming soon. Learn more:

Business Banking Commercial Banking

You work hard.
We work hard for you.

A neighborhood bank is a place where we know you. We’re the partner that helps you write your story. We don’t need to be the biggest bank; we just need to be the bank that fits your life.

When we come together, great things happen.

Byline. Banking Done Right

1. Freedom Personal Checking – $0 monthly maintenance fee or monthly minimum balance. $100 minimum to open. See Personal Deposit Account Agreement and Disclosure and Rate Sheet, for additional terms and conditions.

2. Statement Savings – $3 monthly service fee or $0 with $200 minimum monthly balance. $100 minimum to open. See Personal Deposit Account Agreement and Disclosure and Rate Sheet, for additional terms and conditions.

3. The Advantage Money Market Account (the “Account”) must be opened online. Interest rates are set at the Bank’s discretion and may change without notice. If your daily balance is $500,000 or less, the interest rate paid on the entire balance will be 0.645% with an annual percentage yield (“APY”) of 0.65%. No interest will be paid on that portion of your balance that is greater than $500,000. The APY for this tier will range from 0.65% to 0.32%, depending on the balance in the account. The interest rate and APY are effective as of September 10, 2021. The Account requires a minimum of $25,000 to open and a minimum daily balance of $25,000 to avoid a $25 monthly service fee. No monthly service fee will be assessed on the first statement cycle after account opening. Fees may reduce earnings. See Personal Deposit Account Agreement and Disclosure and Rate Sheet, for additional terms and conditions. For new customers, only residents of Illinois and Wisconsin are eligible to open accounts online.

4. The Online Money Market Account (the “Account”) must be opened online. Interest rates are set at the Bank’s discretion and may change without notice. If your daily balance is $500,000 or less, the interest rate paid on the entire balance will be 0.395% with an annual percentage yield (“APY”) of 0.40%. No interest will be paid on that portion of your balance that is greater than $500,000. The APY for this tier will range from 0.40% to 0.20%, depending on the balance in the account. The interest rate and APY are effective as of July 19, 2021. The Account requires a minimum of $5,000 to open and a minimum daily balance of $5,000 to avoid a $25 monthly service fee. Fees may reduce earnings. No monthly service fee will be assessed on the first statement cycle after account opening. See Personal Deposit Account Agreement and Disclosure and Rate Sheet, for additional terms and conditions. For new customers, only residents of Illinois and Wisconsin are eligible to open accounts online.

5. Rates and Interest
$5,000 minimum balance to open and earn APY on 8 month CD. $500 minimum balance to open and earn APY on 1, 2, 3, 4, 5 year CD. Rates and annual percentage yield (APY) are subject to change without notice. The annual percentage yield assumes that interest remains on deposit until maturity. An early withdrawal will reduce earnings. You must maintain this minimum balance to earn the annual percentage yield. The stated interest rate is fixed for the term of the Certificate and will be paid on maturity. Interest may be paid by check or transfer to another account, at your option. You will forfeit any accrued interest that has not yet been credited to your account, if the account is closed prematurely. We use the daily balance method to calculate interest on this account. This method applied a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit any noncash item (for example, checks).

Deposits
Deposits are accepted to all CDs during the grace period.

Withdrawals
You may not withdraw any principal from this Certificate before maturity without our consent, which may be withheld; if we permit such a withdrawal, you may have to pay a penalty as follows: A) Where the original maturity of the account is one year or less, the penalty will be forfeiture of 90 days interest on the amount withdrawn, at the nominal (simple interest) rate in effect during the term. B) Where the original maturity of the account is more than one year, the penalty will be forfeiture of 180 days interest on the amount withdrawn at the nominal (simple interest) rate in effect during the term. C) If the withdrawal is within 6 days after the date of first deposit, a minimum of 7 days of interest will be charged as a penalty. You must withdraw funds within the grace period to avoid being charged a penalty. Fees could reduce the earnings on the account.

Renewal
Unless you notify us in writing before the maturity date, or within the grace period, Certificates of Deposit will automatically renew on the maturity date. The grace period is ten (10) calendar days for CDs with a term greater than 31 days and is three (3) calendar days for CDs with a term 31 days or less. We can prevent automatic renewal if we notify you in writing on or before the maturity date that we do not intend to renew the account. Promotional Certificate of Deposits may renew into a different term. If you close your CD during the grace period, no accrued interest will be paid after the maturity date. We send you a Maturity Notice prior to renewal. Please read It carefully. We may change the type, term or other feature of your bank CD by giving you notice. If we make a change, we tell you about the change in the Renewal Notice. See Personal Deposit Account Agreement and Disclosure for additional terms and conditions.

Next door, and at your fingertips.

Checking and Savings Accounts

Freedom Personal Checking

Statement Savings

Money Market Accounts

Advantage Money Market

Online Money Market

Certificates of Deposit

0.15%

0.10%

0.50%

0.60%

0.70%

1.00%

Features

Byline Bank Debit Mastercard®

Ridiculously easy online and mobile banking.

Protecting you and your money.

Business online account opening coming soon. Learn more:

You work hard. We work hard for you.

Byline. Banking Done Right

You work hard.
We work hard for you.