Deal has expired, the best current high yield rates can be found here.
Offer at a glance
- Interest Rate:Â 5% APY, 7 month CD
- Minimum Balance:Â $1,000
- Maximum Balance:Â None
- Availability:Â
- Live, work, worship or attend school in Forrest, Pearl River, Harrison or Hancock Counties or select census tracts in Jackson or Hinds County Mississippi.
- Live, work, worship or attend school in select census tracts in St. Tammany or Orleans Parish Louisiana.
- Insured:Â NCUA
The Offer
- Keesler is offering a 7 month 5% APY CD. Minimum balance is $1,000, there is no maximum balance.
The Fine Print
- Minimum $1,000 deposit required; must be opened with 50% new funds not on deposit with Keesler Federal.
- Offer valid for Consumer, Business, and IRA Certificates only.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Early withdrawal fees do apply.
Our Verdict
Obviously a great deal, it isn’t clear if you can sign up for the CD online (update: It’s an option during the sign up process). The downside is obviously that this is only a 7 month CD and it’s unlikely they will renew it. Still if you want to dump a lot of money into a CD then this is a great option. We will be adding this to the best high interest CDs.
Hat tip to Deposit Accounts
