I've googled around and I am not finding much so I'm hoping you all know of some great not so well known bank or credit union that has an awesome rate!
I read somewhere on the forums that one credit union offers 7.0% apy on a checking account but it's only available in Washington so that is out...
I opened a CD with Cap1 at 2.30apy that's the highest rate I've saw... 60months is a long time though... Therefore I only deposited $500 and left the rest in my money market...
I imagine I'm just not looking in the right places...
Thanks in advance!
Here is the Savings database from Doctor of Credit - many great choices available here
NFCU actually has 2 CD specials going at the moment.
First is their 12mo 3% APY EasyStart certificate. The catch: max deposit is $3000. But there's only a $50 minimum to open it and you can add to it at any time, up to the maximum.
The other is their 17mo 2% APY certificate. $50min, $50k max, and you can add to it at any time.
2% isn't as high as some other banks but the term is much shorter than anything else comparable I've found. Since rates are going up, I definitely wouldn't want to lock-in for 5 years at barely over 2%.