Incredible Bank is offering a 12-month CD that has a blended rate of 2% APY. The first six months earn 1.75% APY and the second six months earn 2.25% APY.
Incredible Bank is offering a 12-month CD that has a blended rate of 2% APY. The first six months earn 1.75% APY and the second six months earn 2.25% APY. The 2% rate is the top 12-month CD rate. It's also significantly higher than most money market or savings account rates.
Key info about the CD includes:
First six months earns 1.75% APY. Second six months earns 2.25% APY.
$10,000 minimum deposit to open the CD. $10,000 minimum balance to earn the stated APY.
Maximum of $225,000 allowed to be invested in one or more IncredibleBank certificates of deposit.
The CD can only be funded via ACH
Incrediblebank.com, a division of River Valley Bank, is an internet only bank. River Vally Bank has $1 billion in assets. It is rated 4 out of 5 stars (Excellent) by Bauer Financial for its safety and soundness.
If you want a great CD, but not for very long, then the folks at CalFirst Bank would like to talk to you.
California First National Bank (NASDAQ: CFNB) in Irvine is offering a great rate on ninety day / three month CDs, 0.8 percent APY.
This puts California First National Bank's rate on the list at BestCashCow, joining a now three way tie with EverBank and Palladian Private Bank. You can get one of these by going to any California First National Bank branch or going to their website at www.calfirst.com. There is a minimum of a five thousand dollar deposit to buy a CD, and the deposit is FDIC insured.
Best of all, Bauer Financial rates it its highest rating, a five star "superior" rating.
Got twenty five thousand dollars? Want a free hundred? Get a CD with OneUnited Bank.
OneUnited Bank has a new deal waiting--a 2.40 percent four year CD.
Admittedly, this rate is just under the lowest on the BestCashCow four year CD lists, with Discover Bank offering 2.45 percent, but OneUnited is offering something extra. Open a new four year CD with twenty five thousand dollars or more, they'll throw in an extra hundred bucks after the first ninety days. The addition of this extra hundred dollars, essentially, is the same as adding .40 percent to the yield, and a 2.80 CD would land it in the top five, just under Hudson City at 2.85 percent.
Rates are subject to change daily, but OneUnited hasn't changed its rates since December of 2009. You can apply for this online at www.oneunited.com or hit a branch, and you've got until June 30th to open the account.
OneUnited is FDIC insured, but only has a two-star "problematic" rating from Bauer Financial.
BestCashCow is the most comprehensive bank rate site on the Internet. Since 2005, we have monitored savings account, money market account and Certificate of Deposit rates from over 8,000 banks and 7,700 credit unions to find and display the best offers for those looking to earn and save more. You can learn more about the company here.
BestCashCow is the most comprehensive bank rate site on the Internet. Since 2005, we have monitored savings account, money market account and Certificate of Deposit rates from over 8,000 banks and 7,700 credit unions to find and display the best offers for those looking to earn and save more. You can learn more about the company here.
