World Savings' New Promo: 5.16% 5-Month CD

World Savings just came out with a new internet CD promotion. The offer is a 5.16% APY 5-month certificate of deposit. The minimum deposit is $10K and the maximum limit is $100K. New funds only and it's not available at the bank branches.

As typical with World Savings promotions, it requires funds new to World Savings. If you let the CD renew, you'll likely get stuck with a low-rate 5 or 6-month CD. Currently, their internet 6-month CD pays only 3.51%.

This comes a day after the special 5.26% 6-month CD ended. The 5.26% CD was only available at the branches and wasn't advertised. The APY of the previous internet special was 5.01%.

Thanks to the reader who emailed me info on this new promotion!