The Offer
- NASA federal credit union is offering some nice CD rates:
- 9-month CD with 3.55% APY
- 15-month CD with 3.75% APY
- 49-month CD with 3.85% APY
Anyone can join NASA credit union for no fee by joining the National Space Society.
The Fine Print
- $10,000 Minimum Deposit Required
Our Verdict
We’ve seen the credit union offer various CD specials in the past. In terms of short deposit length CDs, this is better than other options. Be aware that there will be a hard pull if you are now joining the credit union now as a new member. We’ll add this to our List of Best High Yield accounts.
Hat tip to reader Henry
Buy T-Bills instead. Better yield and you can buy through your Treasury Direct account or through your broker. Also no hard pull, and no early withdrawal penalty because T-Bills can be sold through your brokerage. I had a NASA account and found them quite difficult to deal with.
after 3 weeks of repeated requests from NASA…..i get this: (what a COMPLETE WAIST OF TIME!) Thank you for taking the time to complete your application for Membership with NASA Federal. Unfortunately, we are unable to approve your request. We understand it took time and energy to complete the application, so we want to provide information on why we are not able to help. You will receive an Adverse Action Notice in the mail which will explain the reasons we are unable to approve your request. Sincerely, Member Services
Was looking at some of the reviews online and it seems that customer service is nonexistent. Anyone with real experience with this credit union?
I’ve had no issues with them. But it seems like they might be swamped right now with this new promo. Their website is buggy though.
20 people in phone line in front of me fu
I saw no mention of early withdrawals… Anyone got any information? Never mind looks like a 6 month dividend penalty on the 15 month, and a 12 month dividend penalty on the 49 month.
Rate hike ain’t over. I’d wait to lock up my money in CD’s and stuff; more increase to go. They’re far from pulling back with inflation so far above 2%.
Exactly. I’ve been putting my money into 3 month CDs…2.4% ain’t too bad for that short amount of time. Plus the Fed chief said they are going to go after inflation aggressively.
Where are you getting 2.4% for 3mo CDs?
go buy 3 month US T-bill, it is 2.7%+ last check, can be purchase on Treasury Direct (every Monday)
or your broker
NASA needs money to send more people to the moon and back
NASA needs to send you to the moon and leave you there with your vapid comments
When Jack posts, you know Lok Hang Wong is sure to follow.