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
Just saw on doc that Andrews Federal CU has a 9 mo 2.75% APY CD. Nice!
They took the online app down earlier today so I had to call in half way through. Took quite a bit of time but the app went through. Thanks!
Only two days offer? What is that CHICKEN WINGS? In which supermarket? And know that the rates are going up before the end of the year.
Thank you I cannot make it for those o days I wias thinking if I can live my shopping bag at the banks door to keep the line. Is that allowed.
Yes. Irony well deserved. CDs are instruments the bank use to raise capital. Of course the deal will suck for the customer’s savings. Thank god we have DoC. Great deals and great advice in the verdicts. See the phrase about balance transfers. Tells you right there how to play it.