FlyerTalk Forums - View Single Post - Questions on BankDirect, now Bask Bank (consolidated)
Old Jun 6, 2013 | 10:32 am
  #1771  
mikeef
FlyerTalk Evangelist
10 Countries Visited
20 Countries Visited
30 Countries Visited
20 Years on Site
 
Join Date: Aug 2001
Location: Finally back in Boston after escaping from New York
Posts: 13,684
Ally Bank offers a 5-year CD currently paying 1.5%. But you don't necessarily have to lock your money up for that long. The early w/d penalty is only two months' interest, which means that your break-even versus a 1% savings account is about 10 months.

Mike
mikeef is offline