Dedicated to Deposits: Deals, Data, and Discussion

5.75% 3-Month CD at a FL/TX/NY Bank (Commercebank)


Commercebank is offering a 5.75% APY 3-month certificate of deposit. The minimum is $1,000 with no maximum limit. It requires opening an Optima checking accout which is a free checking with no monthly fees or balance requirements. This special isn't listed at the bank's website. Credit for this find goes to the FW CD thread. I called for additional details and was told that this promotion starts today and will likely last at least 2 to 3 weeks.

The CSR mentioned that you must visit a branch to open this CD. It is available at all of the branches. The branches are located in Miami, Florida; Houston, Texas; and New York, New York. Their toll free customer support number is 1-888-629-0810.

The bank has been FDIC insured since 1979. It has a safe and sound rating of 3 out of 5 stars (performing) at