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Posts: 16,896
Registered: ‎10-23-2007

Re: NFCU Cashrewards Visa Signature

[ Edited ]

RemyWinchester wrote:

Jdrillo - 

 

If you have $4000 (or anything up to that) sitting in a savings account earning no interest, you can "park" it into a certificate of deposit at Navy Fed for 1 year. 

 

You can't take money out of it for the year - but at the end of a year you will have earned $160 in interest for leaving $4K in there.   You will not find any better deal than that. 

 

 

FANTASTIC!!! Thank You - Printing to give my partner now!

 

*** Let me add though it looks like you have to have at least $300 Direct Deposit from work within 90 days of opening certificate and keep it going for the year of the certificate I think if reading correct to get the 4%.

 

Fico Scores: EQ 620, TU 675 & EX 703 (4-1-14)
Joint Cards: Navy NavCheck $15000, Discover iT $9000, Macy Amex $4000, Macy Store $3000, Macy Furniture $5800
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