With our Holiday Savings account, you can automatically set aside funds every month.
Bring some joy to your holiday shopping by saving all year long. With our Holiday Savings account1,
you can automatically set aside funds every month. Then, at the beginning of November, we will
transfer the funds to your account, just in time for your holiday shopping.
$5 minimum opening deposit and monthly automatic transfer2
1. Important Notice: Federal regulation requires banks to limit the way withdrawals and transfers can be made from savings and money market accounts. During any calendar month, you may not make more than six (6) withdrawals or transfers (or a combination of such transfers and withdrawals) from a savings account or money market to another bank account of yours or to a third party if made by (i) preauthorized or automatic transfer (including ACH), (ii) telephone, fax, or email through a bank representative, (iii) check, draft, debit card, or similar order to a third party, (iv) telephone banking, online banking, or online bill payment, or (v) overdraft transfers. The monthly limit is based on when the transaction is processed, not when the check or item was written or authorized. If you exceed six (6) monthly withdrawals/transfers on more than an occasional basis, we may revoke your privileges on that account or we may convert your savings account or money market account to an eligible account allowing unlimited transactions. Deposits, transfers and withdrawals made in person at a branch or ATM, and automatic transfers to repay your South State Bank loan do not count toward the six (6) per month limit.
2. A minimum $5 automatic monthly transfer from a South State checking or savings account is required.
3. Interest paid at the end of the cycle on the last business day in October.
4. A $5 service charge will be charged for each withdrawal over 1 per cycle (Nov 1-Oct 31). Excludes annual distribution.