- Capital One is offering a 11 month 5% APY CD with no minimum deposit
This is better than the recent Chase offer of 4% 3 month CD, but some other basic savings rates are already above 5% APY and have the flexibility of being able to withdraw the funds without penalty. I guess this is a good deal if you know you want to lock the funds for that long and aren’t confident those basic savings rates will continue to rise – although probably an easy pass for most readers given the current market conditions are expecting further rate rises.
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