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.
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.