Offer at a glance
- Interest Rate: 6%
- Minimum Balance:Â $10,000
- Maximum Balance:Â $250,000
- Availability:Â IA only
- Insured:Â NCUA
The Offer
- Advantage Credit Union is offering 6% APY on 12 month CD.
- $10,000 minimum deposit
- $250,000 maximum
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Our Verdict
This is about 1.7% APY higher than the best current rates for a basic savings account rates. We’ve seen a few 5% APY 12 month CDs but this is the first 6% we have seen.
Hat tip to reader Chris

