5.75% 4-Month Indymac Bank Internet CD Special

Aug 29, 2007 - 8:52 AM by Ken Tumin

Indymac Bank is now offering an internet special 5.75% APY yield on a 4-month CD. The minimum deposit is $5,000. Indymac also increased the 6-month internet CD yield to 5.70% APY. Previously, only the 5-month CD had this rate.

For more information on Indymac and these CDs, please refer to my Monday post.

Thanks to Mike who mentioned this new CD special in the finding deals post.

Tags: CD rates
In order of date posted. - Sort by votes
Anonymous

Anonymous - #1, Wednesday, August 29, 2007 - 12:58 PM

Though this is probably not significant enough to mention, I am bored and thought I would say that if the 5.60 APR rate is truly compounded daily as the website says, the actual APY is 5.759314089 which some banks might consider 5.76 APY


1
Anonymous

Anonymous - #2, Tuesday, September 25, 2007 - 9:00 AM

They already reduced this to 5.4% effective 9/24.


1
TonnyLy

TonnyLy (anonymous) - #3, Tuesday, July 15, 2008 - 11:51 AM

What’s up! Your blog is great but I hate banks. I had to deal with plenty of them and it did not work out. All the time there were troubles and I could not resolve them in my favor. From www.pissedconsumer.com I learned about this IndyMac Bank. At first, it seemed to be a good one, but later on I was disappointed. I should have taken into consideration those complaints I read about IndyMac Bank on www.pissedconsumer.com.


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Chase

Chase (anonymous) - #4, Wednesday, July 16, 2008 - 6:06 AM

Hello. What a great blog. Concerning IndyMac Bank which I happened to notice here I have to say – it is not that bad. However, on www.pissedconsumer.com the clients complain about the bank, I have to say that you have to listen to people’s experience but also it is good to run a risk and try it yourself. Who knows maybe you will be a satisfied customer.


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Boby

Boby (anonymous) - #5, Thursday, July 31, 2008 - 6:47 AM

Hello. I find your blog very interesting. I think that everyone had something to do with banks. It is hard to choose a good and reliable one. After so many banks I had to deal with I should say that Indymac Bank is the best one. I learned about it from www.pissedconsumer.com. Although the feedbacks about the company were not very positive I still ran a risk and went there.


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