Laugh at 2% Interest Rate and Get 5% instead

Wealth and Riches.info does its best to provide valuable information to its readers.

In these low interest to no interest times to have your cash stashed for a while, it’s quite challenging to find a decent return any more.  I have two recommendations that may help with that.

  1. Discover Certificate of Deposit (CD) * 2.50% on a 12-month CD with at as little as $2500. You can choose the term from 3 months to 10 years.  Go to www.DiscoverBank.com/EARN to get started. **Annual Percentage Yield (APY) is accurate as of 07/14/2019 and subject to change daily without notice. This offer applies to personal accounts only. A penalty may be charged for early withdrawal. The minimum deposit to open is $2,500. As of this blog post date:

3 months .35% APY   Interest earned $21

6 months .65% APY   Interest earned $81

9 months .70% APY   Interest earned $131

12 months 2.50 APY  Interest earned $625

All with at least $2500 deposit.

 

 

2.   Hanscom Federal Credit Union CU Thrive ) the credit union version of a CD) returns a fixed rate of 5% for its 12-month term with automatic transfers of $5 to $500  each month from your checking account.

The catch is you have to be a relative of someone that already is a member there, or associated with certain area businesses or a member of one of the community projects.

How to do it: Become a member of the Nashua River Watershed Assoc for $35.00. It will be well worth it and it’s for a good cause too.

Hanscom Federal Credit Union Home Page

To become a member of the Hanscom Federal Credit Union click here

 

 

Inspiring you to have more Wealth and Riches in every area of your life,

 

Dexter

 

 

 

 

Pin It
This entry was posted in money and tagged , , , , . Bookmark the permalink.

Comments are closed.