bank rates

IndyMac Bank 5.35% 4-Month Internet CD

IndyMac Bank has an attractive 5.35% 4-Month Internet special CD account. This is a special Internet promotion, so it is not available in local brick & mortar branches. Also note that there is a $5,000 minimum deposit to open an account.

Interest is compounded daily and paid or reinvested into the account monthly or at maturity.

Because of the recent brutal federal reserve rate cuts, interest rates on liquid funds like money market and savings accounts have been dropping like flies, making certificates of deposits a more attractive alternative.

Click here for details on IndyMac’s 5.35% APY CD

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Comments (4)
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4 Existing Comments
  1. Andy said:
    on November 16th at 02:36 am

    I found a pretty cool credit Card offer. A Free MP3 Audio/Video Player with 25 downloads.

    http://sonycard.sony.com/sonygateway/gateway.asp?offerlink=iklipzmp3

  2. Bankaholic.com said:
    on November 16th at 04:09 am

    Thanks for sharing Andy! Nice deal

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