DollarSavingsDirect 4.00% 16-Month CD

DollarSavingsDirect, which I recently declared the leader of Savings Accounts, is offering up a 4.00% APY on a 16-month CD. There’s a fair chance that they will lower their savings rate due to the recent Fed cut, so if you want to lock in your 4% rate for 16 months, they’re letting you do it now.

To qualify for the Certificate of Deposit you must already had a DollarSavingsDirect Savings Account. You must deposit at least $1,000 into the CD. The early withdrawal penalty is 180 days worth of interest.

DollarSavingsDirect is an extension of Emigrant Bank and is FDIC insured. As always, I suggest staying under the FDIC limit of $100,000 when depositing money in any bank.

Related posts:

1. Mutual Bank 3.5% 16 Month CD
2. Dollar Savings Direct 2.25% 16 Month CD
3. Western FCU 4.05% 13 Month CD
4. H&R Block Bank 2% 6 Month CD
5. HSBC Direct 2.30% APY 12 Month CD
6. Appalachian Community Bank 2.5% 18 Month CD
7. One West Bank 2.15% 10 Month CD

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