[Expired] [CA only] Credit Union of Southern California: 5% APY CD For 5 Months ($25,000 Maximum)

Update: New deal is from a different credit union, let me fix,

Update 11/10/19: Deal is back, $25,000 maximum this time. Hat tip to reader Pete D

Offer at a glance

• Interest Rate: 5% APY
• Minimum Balance: $1,000
• Maximum Balance: $25,000
• Deposit length: 5 months
• Availability: CA only
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Talks about filing out a form, so I doubt it
• Monthly fees: None
• Insured: NCUA

The Offer

Direct link to offer

• Credit Union of Southern California is offering 5% APY on a 5 month certificate. Minimum deposit is $1,000 and maximum deposit is $50,000

The Fine Print

• Limit one 5% APY share certificate per Member.
• Share certificate will automatically renew into a 6-month term fixed-rate share certificate upon maturity at the existing rate in effect
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Our Verdict

Looks like you need to visit a branch to deposit more than $5,000. Could be very useful for people that can max out that $50,000.

Hat tip to reader Donald B