Customers can earn the highest APY of 3% if they save at least 20% of their quarterly deposits. The APY decreases as the savings rate decreases, with a minimum APY of 1% for customers who save less than 5% of their quarterly deposits.To determine the savings rate, HMBradley looks at the average daily balance of the account over the previous quarter and divides it by the average of the total deposits made during that quarter. The savings rate is then used to determine the corresponding APY for the next quarter.HMBradley also offers a mobile app that allows customers to manage their accounts, track their savings rate, and set savings goals. The app provides insights and recommendations to help customers improve their savings habits.In addition to the variable interest rate, HMBradley offers other features such as no monthly fees, no minimum balance requirements, and unlimited ATM fee reimbursements worldwide.Overall, HMBradley aims to incentivize and reward customers for saving money by offering a variable interest rate that increases as their savings rate increases.

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