5.32% 6-Month / 5.09% 3-Month CD at Merrill Lynch
May 23, 2006 - 8:56 AM by Ken Tumin
Merrill Lynch Bank is offering a 5.32% APY 6-month CD and a 5.09% APY 3-month CD. The certificates of deposit are FDIC insured. Both have a minimum deposit requirement of $25K. The funds must come from sources other than an existing Merrill Lynch relation. Offer expires June 16, 2006, 2pm EST. This special doesn't seem to be listed at Merrill Lynch's website. It advertised in today's Ventura County Star. The ad is available online here.
In February Merrill Lynch was offering a 5.06% APY 6-month CD and a 4.58% 3-month CD.
Since these CDs are not being purchased directly from a bank, there are more details. Refer to the ad's small print for all the details. Here are some of them: The CDs are sold by Merrill Lynch and held in brokerage accounts in which standard account fees may apply. The CDs are issued by Merrill Lynch Bank USA or Merrill Lynch Bank and Trust Co. Merrill Lynch limits the purchase amount of a single CD from any one Bank to $97K for six-month CDs and $98K for 3-month CDs. The limits for retirement accounts are $243K and $246K.
In February Merrill Lynch was offering a 5.06% APY 6-month CD and a 4.58% 3-month CD.
Since these CDs are not being purchased directly from a bank, there are more details. Refer to the ad's small print for all the details. Here are some of them: The CDs are sold by Merrill Lynch and held in brokerage accounts in which standard account fees may apply. The CDs are issued by Merrill Lynch Bank USA or Merrill Lynch Bank and Trust Co. Merrill Lynch limits the purchase amount of a single CD from any one Bank to $97K for six-month CDs and $98K for 3-month CDs. The limits for retirement accounts are $243K and $246K.
Featured Accounts
Useful Resources
Featured 1 Year CDs
Be the First to Comment
Post a Comment