Browse through the stories below to view current deals for Idaho banks or select an item from the menu bar above to view current rates in Idaho.
BBCN Bank has two good deposit deals. The first is a money market account special for consumers only. The bank is guaranteeing a 1.00% APY until 12/31/2014 for balances of $50,000 to under $1 million. The second special is a CD promotion for consumer and business customers. It’s a 12-month CD with a 1.10% APY. Minimum deposit is $50,000, and the maximum is $250,000 per customer. Both offers require new money to the bank. The promotion is scheduled to end when the bank’s deposit goal amount is met or on...Continue Reading
In today's interest rate environment, most all short-term CDs have rates under 1%. I found one exception at Xceed Financial Credit Union which has a special 7-month share certificate with a 1.00% APY. It’s also available in an IRA. Minimum deposit is $500. This special CD rate is listed on the credit union's rates page and in the credit union's news & events page as of 11/01/2013.
Xceed has a history of CD specials. I reviewed the last one in 2012.
The credit union has two features that make it convenient for...Continue Reading
Alliant Credit Union’s checking account called High Rate Checking has a long history of competitive rates and useful features. There’s another reason to consider this checking account. Alliant is offering a $50 bonus for open checking and meet the following two requirements by December 31, 2013:
We’re now seeing some large banks raising their long-term CD rates. The latest is Fifth Third Bank which is offering a special 4-year CD with a 1.50% APY. You can get a higher 4-year CD rate at a few internet banks and credit unions, but this 1.50% APY is competitive especially for large banks. There are also shorter-term CD specials: a 1.25% APY 38-month CD and a 1.00% APY 28-month CD. Minimum deposit is $5,000, and a new or existing checking account is required. These rates are listed in Fifth...Continue Reading
Today I came across another credit union that is allowing credit card purchases instead of debit card purchases to satisfy the requirements for its reward checking account. It’s Baxter Credit Union (BCU). Unfortunately, the credit union’s field of membership is limited, so not many will be able to join. Nevertheless, it’s good to see more reward checking options. Last year I reported on Southwest Airlines FCU’s reward checking account that allows members to use either debit or credit cards to satisfying the reward checking requirements.
BCU’s reward checking account is called...Continue Reading
Evergreen Bank Group has recently launched reward checking and savings accounts under the Kasasa brand. As is common for new Kasasa accounts, the rates and balance caps are a little disappointing. Nevertheless, they give those who live in the Chicago metro area another reward checking option. The reward checking account is called Kasasa Cash, and the linked savings account is called Kasasa Saver. The account details are listed in the bank’s Kasasa Cash page and Kasasa Saver page. A summary of the rates and features as listed at these bank’s...Continue Reading
First State Bank of Forrest is offering a reward checking account called Kasasa Cash, and it currently has a competitive rate and balance cap. The bank also has a linked savings account called Kasasa Saver, but the rate of this account is only 0.30%. So this post will focus only on the Kasasa Cash account. The Kasasa Cash account has the following rates and features as listed in the bank’s Kasasa Cash page as of 6/10/2013:
Rates and ATM fee refunds if monthly requirements are met:
I first reported on the reward checking account at The First National Bank of Dieterich in 2010. It’s called Prime Rewards Checking, and after over three years, the bank is still offering this same account. Rates have fallen, but they remain competitive. In addition, the bank has held the balance cap steady. The bank has also expanded who is eligible to open this account. Below are the rates and features of this account as listed in the bank’s Prime Rewards Checking page as of 5/31/2013:
Rates and ATM fee refunds if...Continue Reading
Citizens Bank and Charter One regularly have checking account promotions with nice bonuses. Both are brand names of RBS Citizens, N.A. Citizens Bank branches are primarily located on the east coast and Charter One branches are located in the Midwestern states of Illinois, Michigan and Ohio. Charter One is currently listing a bonus of up to $175. I can’t find a similar one at Citizens Bank, but when I called Citizens Bank at 888-411-7442, the CSR told me that this same $175 bonus is available. (see update below) However, he...Continue Reading
If you don’t want to lock your “safe” money up in long-term CDs, you probably won’t find short-term CDs appealing. Most CDs with terms under one year have rates that are lower than internet savings account rates. Every now and then you can find one that’s higher. That’s the case at Prairieland Federal Credit Union which is listing a special 6-month Jumbo CD with a 1.06% APY. Minimum deposit is $100,000. The rate and details are listed in this credit union’s promo page as of 5/8/2013. This is a limited...Continue Reading
Regions Bank is again advertising a checking account promotion in which you can earn $125. This is another big bank that lacks free checking so you'll have to be careful to avoid monthly fees. The offer requires a new customer open a LifeGreen Checking Account online with the promo code 125, have at least $500 in total direct deposits and at least 10 Visa check card purchases in the first 60 days. Offer is scheduled to end on 4/7/2013. The offer is listed in this Region's promotion page.
There's no mention...Continue Reading
Update 3/20/13: The 5-year and 3-year CD rates have fallen.
The 2 percent CD has become an endangered species. It's even hard to find these for terms of 7 years. This is why I was pleasantly surprised to see the rate hike at The National Republic Bank of Chicago. It just increased its 5-year CD rate from 1.61% to 2.02% APY. Its 3-year CD rate also had a big jump. That went up from 1.11% to 1.51% APY. Minimum deposit is $1,000. These rates are listed in the bank's rates page...Continue Reading