Offer at a glance
- Interest Rate: 5.00% APY
- Minimum Balance: $1,000
- Maximum Balance: $100,000
- Availability: Nationwide
- Hard/soft pull: No, YMMV
- ChexSystems: Unknown
- Credit card funding: None
- Monthly fees: None
- Insured: NCUA
The Offer
- Andrews Federal Credit Union is offering a special 7-month CD rate of 5.00% APY.
Anyone can join Andrews credit union by becoming a member of ACC: “Our field of membership includes Active Duty or Retired Military personnel (or their spouses, dependents or dependent survivors) of Joint Base Andrews, Joint Base McGuire-Dix-Lakehurst, and military installations in central Germany, Belgium, and The Netherlands; as well as over 200 employer groups throughout Maryland, Virginia and New Jersey. We also have nationwide membership eligibility through the American Consumer Council and anyone who lives, works, attends school or worships in Washington, D.C.”
The Fine Print
- Offered rate is accurate as of 11/04/22 and will be available through 12/02/2022.
- Minimum of $1,000 to open and maintain the account; account must be opened with new money (i.e., money not already on deposit at Andrews Federal Credit Union).
- Minimum of $1,000 to earn the advertised APY.
- Maximum balance allowed is $100,000.
- Penalties apply for early withdrawal. Fees may reduce earnings on the account. The credit union reserves the right to change offered rates at any time.
- Limit of 1 (one) 7-month Inflation Buster. Special Share Certificate per membership.
- At maturity, all 7-Month Inflation Buster Special Share Certificates will automatically renew at the 12-Month share certificate rate and term.
Our Verdict
This is the best CD rate around at the moment, though there are some others (as well as 26-week T Bills) which aren’t that much lower. Still interesting to see our first simple 5% account with no strings attached. We’ll add this to our List Of Best High Yield Savings Accounts.
