Indymac Bank highest CD rates update.
Published by fanmoney November 7th, 2007 in Best CD RatesIndymac Bank is bank is running an 4 month 5.45% APY internet only CD Rates special. This CD requires a minimum deposit of $5,000 USD and if you have more than $250k, you will need to contact Indymac Bank to open high deposit CD accounts. This CD interest is compounded daily and will be paid in at maturity or reinvested into the account keeping the same rates. Like the usual Certificate of Deposits, it of course comes with a penalty for early withdrawal, and it is not available as a retirement account. Since this is an internet only special, it is available to every state in the United States. All you need is your Social Security Number, a Driver’s Liscense, and a second form of identification such as an passport.
For more information regarding this Certificate of Deposit from Indymac Bank, you can visit their homepage for more information.
This post serves as an update for the previous Indymac internet special of 4 month 5.75% CD
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Quick and easy to open. Super rates.
most intresting factor is compound interest and will be paid in at maturity
Some great rates and a low deposit.
This seems great but I would like to know if I was tied into the account for a long period of time as once the 4 months are up the rate may not be so good.
How often is this site updated?? Some of these postings are over 6 months old. In these times things completely change in hours. This is a great site but I think it should be updated more frequently