Onyx Private offers an exclusive unified premium banking and investments experience with a white-glove 24/7 concierge service with two membership options. Onyx is a membership-based platform that offers various services to its members. The platform offers two types of memberships: Basic and Premium. In this blog post, we will compare the two memberships and help you choose the best one for you.
Basic Membership:
The Basic Membership is a free plan that gives you access to a 1.47% APY Checking Account, along with high-yield investment accounts. Currently, you can invest in ~5% U.S. Treasury Bills, a ~3.91% Cash Sweep Account, and personalized Robo-Advisor Portfolios. You get free ACH transfers and pay only $10 per Wire transfer. You get multiple virtual debit cards and can add up to two people on a joint account. The minimum deposit is $100.
Premium Membership:
The Premium Membership is the highest level of membership offered by Onyx Private. With this membership, you get everything from the Basic Membership, plus access to a wide range of services, including a white-glove 24/7 lifestyle concierge to help with managing traveling, experiences, dining, and gifts. You also get 1-10% Cashback on all purchases and a sleek 17g black metal Debit Card. You may also add up to 4 people on your joint account. Moreover, Premium Members can take advantage of exclusive lifestyle benefits, such as free access to airport lounges and discounts on LifeTime fitness. The Premium Membership is perfect for those who lead a busy lifestyle and need assistance with a variety of tasks. The cost of the Premium Membership is $40 per month when paid annually. The minimum deposit is $500.
In conclusion, the choice between the Basic and Premium Membership depends on your lifestyle and needs. If you lead a busy lifestyle and need assistance with a wide range of tasks, then the Premium Membership is suitable for you. On the other hand, if you want to focus mainly on banking and investing, then the Basic Membership is more appropriate. Regardless of which membership you choose, Onyx Private offers excellent services that can help simplify your life and make it more enjoyable.
