Offer at a glance
- Interest Rate: 6%
- Minimum Balance: $10,000
- Maximum Balance: $250,000
- Availability: IA only
- Insured: 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
looks like its dead.
Looks like 15k minimum now.
NFCU is offering 5% on a 15 month cd
limited amount of people qualify for NFCU.
Can this only be opened in person?
Details say can’t be opened online.
Limited to 19 specific counties in south central Iowa.