10% 12-Month CD at a Philadelphia Bank Continues ($1K Max)

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Abington Bank is still offering its special 10% APY 1-year certificate of deposit. The maximum deposit is $1K and it requires a new checking account. It's only available at the New Warrington Branch.

I had first reported it on August 13th. It's still being advertised in the Philadelphia Inquirer as of September 3rd. It's not listed at the bank's website.

As I mentioned in the previous post, you can think of this deal as a checking account sign-up bonus. The 10% 12-month CD for $1K results in about $45 over what you would earn in a market leading 1-year CD. The bank does offer a free checking account with no direct deposit requirements.

Comments
Anonymous
Anonymous   |     |   Comment #1
Does anybody know if you have to open this account in person, or can you open by internet? I am out of state. Ideally I'd like to open accounts for everybody in my family at that 10% rate. I wonder also if they limit the number of accounts per household.
Banking Guy
Banking Guy   |     |   Comment #2
I would guess it's probably an in-branch only offer.
10% 12-Month CD at a Philadelphia Bank ($1K Max).
Abington Bank is offering a 10% APY 1-year certificate of deposit. The maximum deposit is $1,000 and it requires a new checking account. This special doesn't seem to be listed at the bank's website. It was advertised in today's Philadelphia Inquirer. The ad is available online here. According to the ad, it's only available at the bank's Warrington branch which is in the northern suburbs of Philadelphia.

You can think of this deal as a checking account sign-up bonus. The 10% 12-month CD for $1K results in about $45 over what...

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