Deal has expired, for the best current savings rates click here.
Offer at a glance
- Interest Rate: 2.75%
- Minimum Balance: $1,000
- Maximum Balance: $250,000
- Availability: MA, NH, ME, VT and RI
- Hard/soft pull: Soft
- ChexSystems: Unknown
- Credit card funding: Up to $500 (this is a hard limit per application, doesn’t matter if you have two accounts in same application or not). Unclear if allowed on CD’s or not
- Monthly fees: None
- Insured: FDIC
The Offer
- HarborOne Bank is offering a 13 month CD offering 3% APY.
The Fine Print
- *Annual Percentage Yield (APY) of 3.00% assumes interest is left to compound to maturity for 14 months.
- APY is accurate only for 2 days from 7/17/18- 7/18/18.
- Offer available only for new money to HarborOne Bank, monies cannot be transferred from an existing account.
- A minimum of $1,000 is required to open; $500 for IRAs. Minimum balance to earn APY is $0.01. Personal accounts only.
- Maximum deposit of $250,000 per household. There may be a substantial penalty for early withdrawal.
- Federal penalties may also apply for early withdrawal on IRAs. Fees may reduce earnings.
- Limited time offer, subject to change without notice.
- Available only to residents of MA, RI, CT, NH, VT, ME.
Our Verdict
Lots of people have HarborOne accounts already from the previous $500 checking bonus and similar 2.75% APY for 13 month CD. This deal is a lot better than the basic savings account rates offering 2% APY. It’s also much better than other similar 12/14 month CDs available. If you don’t want to bother with a rewards checking account then this is definitely a good option. This also makes cards offering 0% APY/$0 balance transfer fees more attractive as well.
Hat tip to happ316
