Reviewed by lrcbob | July 26, 2024 |
Multiple roadblocks trying to set up a savings account with Jenius Bank and my application was ultimately declined, in spite of my multiple CDs among three banks, stock investments, eleven credit cards, and credits scores that have never been outside the 800s. I took my business elsewhere.
| Online Savings and Money Market Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Online Savings
|
4.80% | $0 | - |
Learn More
|
Jenius Bank is the new online division of SMBC, the large Japanese bank.
Its online savings rate had previously stood at 5.10% APY.
Jenius Bank, a division of Japan's Sumitomo Mitsui Bank, has lowered its online savings rate to 5.05% APY>
Jenius Bank has a D climate rating and is reviewed by BestCashCow here.
Despite committing to net-zero emissions by 2050 and the goals of the Paris Agreement, SMBC Group has failed to align its new policies with these goals. Its latest climate policy update lacks concrete action plans. SMBC has not yet disclosed meaningful short- and medium-term targets for emissions reduction nor have they revealed any meaningful measures taken to ensure that the bank is not financing fossil fuel supply expansion or its associated infrastructure, in line with the IEA's Net Zero Roadmap.
Updated March 31, 2024
Jenius Bank, a division of Sumitomo Mitsui Bank Climate Score Info: Saying that you are planting a couple of trees doesn't cut it when a bank's other actions are completely deleterious to the environment, and when it makes no meaningful effort to invest in renewable technologies.
Customer Reviews for Jenius Bank, a division of Sumitomo Mitsui Bank
lrcbob
July 26, 2024 |
Multiple roadblocks trying to set up a savings account with Jenius Bank and my application was ultimately declined, in spite of my multiple CDs among three banks, stock investments, eleven credit cards, and credits scores that have never been outside the 800s. I took my business elsewhere.
Is this review helpful? Yes:0 / No: 0
tjgarnett
March 2, 2024 |
Attracted to the rate, but not ready for prime time. I opened the account so they got all my personal info but I never funded.
Is this review helpful? Yes:1 / No: 0
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