Indymac Bank is bank is running an 4 month 5.45% APY internet only CD Rates special. This CD requires a minimum deposit of $5,000 USD and if you have more than $250k, you will need to contact Indymac Bank to open high deposit CD accounts. This CD interest is compounded daily and will be paid in at maturity or reinvested into the account keeping the same rates. Like the usual Certificate of Deposits, it of course comes with a penalty for early withdrawal, and it is not available as a retirement account. Since this is an internet only special, it is available to every state in the United States. All you need is your Social Security Number, a Driver’s Liscense, and a second form of identification such as an passport.
For more information regarding this Certificate of Deposit from Indymac Bank, you can visit their homepage for more information.
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