I wanted to wish everyone a Happy Thanksgiving. Thanks for all of your support this year. DA member Pearlbrown said it well in the forum:
Happy Thanksgiving to you and your family and to all in our deal-seeking community. May this holiday season bring all of us health and peace and prosperity and the time to enjoy them with our loved ones.
I thought it would be useful and interesting to look back at some of the bank deals this year that we can be thankful for. The bank deals may not compare to the good old days when it was easy to get 5% on savings accounts and 6% on CDs, but we should remember that things this year could have been worse. Here are a few of this year's bank deals that we can be thankful for (and they’re still active as of 11/27/2014):
- Chartway Federal Credit Union has been offering very competitive web certificates. The best ones are 2.52% APY for a 5-year term and a 1.51% APY for an 18-month term. Minimum deposit is $10,000. Chartway makes it easy for anyone to join (see review).
- Connexus Credit Union has been offering a 1-year step-up CD with a blended APY of 1.37%. Minimum deposit is $2,500. This CD allows for one penalty-free early withdrawal. Connexus makes it easy for anyone to join (see review).
- Service Credit Union has a Black Friday CD special with a 2.00% APY for a 15-month term. Minimum deposit is $1,000. The special is scheduled to end on the 28th. Service Credit Union’s membership has restrictions (see review).
- Institution for Savings Bank has a 20-month CD with a 2.00% APY. Minimum deposit is $500. This offer is only available in the bank’s market area which is around northern Massachusetts (see review).
I know some of these deals have issues, but let's focus on the positives today.
What deposit account deals were you thankful for this year?