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3.5% Interest CD and More

May 15th, 2015 at 12:57 am

I found out Navy Federal Credit Union is offering 3.5% CD for military member this month. It is for 15 months for up to $7,500. We currently have $5K there already in a 12 month CD earning 5% through September. This new offer isn't as good, but it is much much better than a savings account or money market. Time to transfer some money over there.

If you are possibly eligible, make sure to read fine print, as I believe there is a Direct Pay or allotment requirement which I read there was no minimum for...$1 a month might just be enough.

I redeemed 600 Swagbucks for two $3 Amazon gift cards yesterday. The codes for them arrived today. I proceeded to use them to buy a DVD my daughter wants for her birthday. I only had to pay another $0.58. I will count the $6 as a snowflake and send that money to the credit card balance.

2 Responses to “3.5% Interest CD and More”

  1. FrugalTexan75 Says:

    Wow, that is a good deal if you are a member of the military.

  2. My English Castle Says:

    Excellent deal!

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