Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Why Many Savers Are Not Looking Forward to the Kentucky Derby

Saturday, May 1, 2010 - 1:53 PMCommonwealth Bank & Trust Company - Details
The Kentucky Derby is scheduled for later today, and that's important for many savers even those who may not be interested in horse racing. Why? Last year Commonwealth Bank & Trust Company guaranteed 4.50% APY for up to $25K on its reward checking account, Extreme Checking, through the Kentucky Derby 2010. Some may have feared the rates would soon be slashed. Apparently, it's not going to be that bad. A reader reported that he was told the rate will fall to 4.00% starting on May 15th.

So it continues to be a good deal. Unfortunately, it's only available for residents of Kentucky, Ohio and Indiana. Please refer to my account review for more details.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708
1. Thursday, May 13, 2010 - 9:33 AM
The website now shows the drop to 4%
AnonymousAnonymous2,282 posts since
May 9, 2010
Rep Points: 3,959