Update 7/24/23: Offer is back now
Update 6/7/23: Offer ended early
The Offer
Andrews FCU is offering a 7.5 month CD with a special 5.75% APY interest rate.
Anyone can join by Andrews FCU by joining American Consumer Council for $8.
The Fine Print
Offered APY effective as of June 1, 2023 through September 30, 2023.
$1,000 minimum to open and maintain the account, and earn the advertised APY.
Maximum balance allowed is $250,000.
APY will remain in effect for the term of the share certificate but may change each time the share certificate is renewed. Penalties apply for early withdrawal. Fees may reduce earnings on the account.
The credit union reserves the right to change offered rates at any time.
Limit of 1 (one) 7.5 month special share certificate per membership (7.5 month term = 229 days).
Dividends are compounded and credited quarterly.
Deposits are insured up to at least $250,000.00 per individual depositor by NCUA. Visit mycreditunion.gov for more information on share insurance coverage.
Our Verdict
This now tops all rates for Best High Yield Accounts. The previous winner was NASA FCU who recently upped their top rate from 5.50% to 5.65%, and falls slightly short of this new 5.75% high from Andrews FCU.
Hat tip to readers Snowbird and Davis