Available to everyone. DollarSavingsDirect.com is offering a 16-month CD for a 2.25% APY rate. DollarSavingsDirect is a part of Emigrant Bank, although you have to sign up through the online site for their rates. There is also a 5-year CD available with an APY of 2.50%.
Here are some important deals to consider when opening an account with DollarSavingsDirect:
- $1,000 minimum deposit required to open a CD account and earn the APY
- You need to sign up for a savings account to open a CD
- You can fund the CD from an external deposit or via a savings account (slower)
- There is a 10 day grace period when the CD matures
Emigrant Bank has a weak financial rating from BauerFinancial but is FDIC insured.
***For more CD rates information, please visit with Go Banking Rates daily.***
Other Terms and Conditions may apply to this offer – please contact the financial institution to review.
