Originally Posted by raffy
Heritage Financial appears to be offering a 1 year, 4.06% CD AND providing frequent flyer miles for the transaction, according to an ad in the San Francisco Chronicle today (4/13).
I have not called the bank to confirm the details, since it was after business hours when I saw the ad, but for those that might be interested in pursuing this offer, the telephone number in the ads are:
San Francisco office 415/277-5493
Redwood Shores office 650/632-4434
Walnut Creek office 925/974-3567
A google search found a number of businesses with this name, however, none has offices in the Bay Area.
here is the ad:
http://personalshopper.sfgate.com/Ro...946&ad=1640153
(I don't know how long the newspaper keeps its ads online, so the link may go dead soon.)
The fine print says the company is not a bank, but the CD is issued by a bank.
Some general info about bank CDs sold through brokers is here:
http://www.fdic.gov/consumers/consum...00/BankCD.html
Many deposit-related FF-mile offers fall into 2 categories:
1. Lots of miles but bad interest rates.
2. Good interest rates but few miles.