10% 12-Month CD at a Massachusetts Bank ($1K Max) - Update


Eagle Bank is offering a 10% 12-month certificate of deposit. The minimum is $100 and the maximum is $1K. It requires a new checking account with monthly direct deposit. A minimum $10 deposit is required to open the checking acocunt. The checking account has no monthly maintenance charges or minimum balance requirements.

This is offer is essentially a $45 checking account bonus offer. That's about the amount that you earn over a top nationally available CD on $1K for 1-year.

The bank has locations in the Massachusetts cities of Everett, Lexington and Medford.

Credit for this find goes Boston Money Guy who mentioned it in the finding deals post.

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10% 12-Month CD at a Massachusetts Bank ($1K Max)
Eagle Bank is offering a special 10% APY 12-month certificate of deposit. The maximum deposit is $1K and the minimum deposit is $100. This offer is only available to new checking account customers with direct deposit at least monthly into a new Eagle Bank checking account, which must be maintained. A $10 minimum deposit is required to open a checking account.

This special is essentially the same as a $50 checking account/direct deposit bonus. The 10% APY on $1K for one year results in about $50 over what you could get...

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