About Ken Tumin

Ken Tumin founded the Bank Deals Blog in 2005 and has been passionately covering the best deposit deals ever since. He is frequently referenced by The New York Times, The Wall Street Journal, and other publications as a top expert, but he is first and foremost a fellow deal seeker and member of the wonderful community of savers that frequents DepositAccounts.


Popular Posts

Bank Deals Blog: Nationwide Deals

Credit Human Ups 36-Month CD Rate
Deal Summary: 36-59 month CD, 1.00% APY, $500 minimum deposit.

Availability: Easy membership requirement

Texas-based Credit Human recently increased the rates on its CDs, adding between 5 and 15 bps. Of the nine CDs in the product line, the 36-59 month CD has the most competitive rate – 1.00% APY. The minimum opening deposit for any Credit Human CD is $1k, with no stated balance cap.

The 36-59 month CD is also available as an IRA CDs (Traditional, Roth, and CESA) earning the same APY, but with...

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Review of MapleMark Bank’s CD Ladders
Deal Summary: CD Ladders with CDs that range from 1-year (0.60% APY) to 5-year (1.10% APY), $25k minimum deposit for the overall CD Ladder.

Availability: Nationwide

In today’s world of low rates and high inflation, CDs have little appeal. Unfortunately, there aren’t many alternatives today for your “safe” money. In this type of environment, it can seem to make more sense to keep all of your “safe” money in liquid bank accounts while you wait for rates to rise. The problem is that it may be a longer wait than...

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Discover's Latest Bonuses For New Online Savings Accounts
Deal Summary: $150 or $200 bonus when opening a new Online Savings account, now through December 15, 2021.

Availability: Nationwide (internet bank)

Discover has been offering a $150 bonus or $200 bonus when opening a new Online Savings account since late 2017. (In early 2017, the bonus was only $100.) This current promotion runs through December 15, 2021, and is available to new customers only: existing or prior Discover savings customers are not eligible.

Bonus Requirements

  • Open a new Online Savings account by December 15, 2021 at this promo...
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Affinity Federal Credit Union Offers $150 Checking Account Bonus
Deal Summary: $150 Affinity Cash Back Debit bonus, available online to new members now through December 31, 2021.

Availability: Easy membership requirement

Now through December 31, 2021, Affinity Federal Credit Union (Affinity FCU) is offering a $150 bonus for new members who open an Affinity Cash Back Debit account. “New members” are defined as those who have never had an Affinity FCU membership. As stated in the fine print on the bonus promotion page, qualifying for the $150 bonus includes the following:

Affinity Cash Back Debit Account

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PenFed Credit Union Ups Long-Term CD Rates
Deal Summary: Money Market Certificates – 3-year (1.00% APY), 5-year (1.25% APY), and 7-year (1.50% APY), $1k minimum deposit.

Availability: Easy membership requirement

In July, PenFed Credit Union (PenFed), implemented modest rate increases (10 bps) on the majority of its Money Market Certificates (MMC). Last week, PenFed was a bit more aggressive as it raised rates on three of its long-term MMCs. While the 7-year MMC gained 40 bps, the 3-year and 5-year MMCs each added 15 bps. According to PenFed, these new rates are limited-time offers. The...

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Bank Onward Is New Online Division Of ConnectOne Bank
Deal Summary: Bo Savings, 0.65% APY, $250 minimum opening deposit.

Availability: Nationwide (internet bank)

Tomorrow’s Best Bank Rates Summary will feature a new rate-leading savings account from a new bank: the Bo Savings account offered by Bank Onward currently earns 0.65% APY on all balances. While there is no minimum balance requirement to earn the stated APY, opening a Bo Savings account requires a minimum $250 deposit.

Bank Onward is the new online division of ConnectOne Bank, which gives me some hope that the new Bo...

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Verdian Credit Union Adds 30-Month Bump-Up Jumbo CD Special
Deal Summary: 30-month Jumbo Bump-Up CD Special, 1.00% APY, $100k min deposit, one-time rate change.

Availability: Easy membership requirement through Dwolla; residents of all 99 Iowa counties and six southeast Nebraska counties.

The latest limited-time special offered by Iowa-based Veridian Credit Union (Veridian) is a 30-month Jumbo Bump-Up CD Special, earning 1.00% APY. The minimum opening deposit is $100k, with no stated balance cap. The 30-month Bump-Up CD Special is also offered as “non-Jumbo” CD Special earning 0.90% APY with a $1k minimum opening deposit.

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Hanscom Federal Credit Union Hikes CU Thrive Savings Rate
Deal Summary: CU Thrive Automated Savings Program, 5.00% APY, 12-month term, maximum deposits of $500 per month.

Availability: Easy membership requirement; active and retired military; federal employees in Massachusetts; 250+ SEGs.

At the beginning of the month, Hanscom Federal Credit Union (Hanscom FCU) raised the rate on its CU Thrive automated savings program to 5.00% APY. Deposits can only be made by monthly deposits of up to $500. With a 12-month term, the maximum deposit is $6k.

CU Thrive was added to the product line more than...

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Interior Federal Credit Union Boosts Long-Term Jumbo CD Rates
Deal Summary: Jumbo Share Certificates ($100k minimum) – 36-month, 1.01% APY; 48-month, 1.22% APY; and 60-month, 1.27% APY.

Availability: Easy membership requirement

It’s been more than two years since Interior Federal Credit Union (Interior FCU) had any blog-worthy rates to write about. That changed this week, following Interior FCU’s across-the-board rate increases on its Share Certificates and Jumbo Share Certificates. With rate increases ranging between 11-36 bps, Interior FCU’s long-term Share and Jumbo Share Certificates are the newest additions to this week’s CD Rates Summary. (The...

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NASA Federal Credit Union Ups 49-Month CD Special Rate
Deal Summary: Share Certificate Specials – 49-month (1.35% APY), 15-month (0.65% APY), 9-month (0.60% APY), minimum $10k deposit of new money.

Availability: Easy membership requirement

The majority of the NASA Federal Credit Union (NASA Federal) blog posts I’ve written in the past four years have been about its Share Certificate Specials (SCS), which continue to offer competitive rates. NASA Federal started the month by adding 20 bps to the 49-month SCS (1.35% APY), with both the 15-month SCS (0.65% APY) and 9-month SCS (0.60% APY) gaining a more...

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