Flagstar Bank has been doing some really strange stuff with its 36-month CDs.
After cutting the return in half last month, the bank reversed course and announced a big increase this week to 2.35% APY.
Is there another bank in the country boosting the return on any certificate of deposit by almost a point in this lousy [...]
What’s Going On At Flagstar Bank?
FlagStar Bank Offers $100 Bonus or 2% APY for 12 Months on Interest Checking Account in Michigan, Georgia and Indiana
For residents of Michigan, Georgia and Indiana, FlagStar Bank has relaunched their S.M.A.R.T. checking account promotional bonus. The promotion is interesting, as it provides benefits for both high deposit and low deposit consumers. The offer has two options, the first is a $100 bonus and the second is a guaranteed interest rate of 2.0% APY on all balances up to $100,000.
FlagStar S.M.A.R.T
The requirements to qualify for both offers are the same, which are:
FlagStar’s Interest Checking Account: 2.0% APY for 1 year
FlagStar Bank brought back it’s infamous S.M.A.R.T. checking account this holiday season which is offering an interest rate of 2.0% APY on all balances up to $100,000. PLUS, they guarantee that the interest rate (2.0% APY) will remain for the next 12 months.
Read more »Best 3 year CD rates yielding 3.0% APY
You will be hard pressed to find 3 year CD rates yielding above the 3.0% APY mark (especially if you are looking for certificates of deposits available nationwide). The top 36 month CD rates in which we have come across over the course of November have come from either credit unions or national banks.
Read more »Best 5 year CD rates paying 3.80% APY
The best 5 year CD’s (certificates of deposit) which are nationally available are currently paying 3.80% APY. However, depending on where you live you may be able to find slightly better interest rates.
Read more »Flagstar Offers Most Savers Top CD Rate
If you don’t have a Flagstar Bank down the street, you can qualify for one of the best 36-month CD rates around.
Flagstar is paying 3.00% APY with a $500 minimum deposit to anyone who doesn’t live near one of its 180 branches in Michigan, Indiana and Georgia.
If you drive by a Flagstar office on your [...]
Flagstar Bank Offers Rate Guaranteed 2.00% Checking Account or $100 Bonus
The promotion is for Flagstar’s S.M.A.R.T Banking program, which locks you into a Interest Checking with a rate of 2% on balances up to $100K for 12 months. As an alternative, you can choose a $100 bonus. The offer has the following requirements:
- New interest-bearing checking account customers only
- Minimum opening deposit of $50
- Direct deposit of income of at least $250 per month
- Direct deposit must be established within first 60 days of account opening
Dow Hits 9,000 But CD Rates Continue to Fall
Still no good news for savers. CD rates took another bashing this week as banks continued to cut their rate offerings despite some tentative signs of economic recovery.
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