More Earnings Potential With High-Yield Savings
Saving when investing is a good thing. It’s a good time too to make good on those financial resolutions for next year by giving yourself the gift of superior savings. The more savings the merrier to celebrate.
Discover Bank has a shiny new savings for depositors. It’s 5.21% APY for a 5 Year CD and accounts are FDIC insured up to $250,000. You can make your savings simple. You can either automatically renew at maturity for the same term at the current rate or add more funds to your maturing CD. Either way, it’s more and more money for you.
If you are an AAA member, Discover Bank has a high-yield savings program exclusively for the benefit of AAA members. The exlusive benefits are high interest-rate earnings that surpass the national bank average. When it comes to CDs and IRAs, other benefits include no minimums to open an account, flexible maturities ranging from three months to five years, 24/7 online banking and the option of making electronic deposits to increase funds or fund a new account.
Another option is AAA and Discover Bank’s MMAs where no minimum initial deposit is required, but requires an average daily minimum balance of $1,500.00 beginning on the third statement cycle to avoid fees. Here’s the AAA link to get you started.
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