Update 9/29/20: Readers report in the comments that NFCU is currently waiving the checking account/direct deposit requirement on the EasyStart certificate which makes it much easier to get. The $25 bonus is no longer valid, from what I see. Updated below.
The Offer
Direct Link to offer | CD landing page
- Open a new Special EasyStart Certificate
with a qualifying direct deposit and checking account.Start with as little as $50 and watch your savings grow at the market-leading rate of 3.50% APY.Plus, you’ll get a $25 bonus in honor of Military Appreciation Month.
The Fine Print
- Limit one Special EasyStart Certificate and one $25 Special EasyStart Certificate bonus per member.
- The Special EasyStart Certificate has a $50 minimum balance and a $3,000 maximum balance.
- Additional deposits are allowed at any time, subject to the maximum balance.
- Certificate owner(s) age 18 and older must have Direct Deposit of Net Pay (DDNP) or payroll allotment and a Navy Federal checking account within 90 days of the certificate issue date. If these requirements have not been satisfied by the 90th day, your Special EasyStart Certificate dividend rate will be reduced to the prevailing dividend rate of the 12-month EasyStart Certificate for the remainder of the certificate’s term.
- To qualify for the $25 Special EasyStart Certificate bonus, certificate must be opened May 1, 2020 through June 1, 2020.
- If a Share Special EasyStart Certificate is opened, the qualifying bonus will be credited to your savings account, then transferred to the Share Special EasyStart Certificate. If either an IRA or ESA Special EasyStart Certificate is opened, the qualifying bonus will be credited to the IRA/ESA Special EasyStart Certificate in the form of a dividend and will not be reportable as a contribution.
- Account must be in good standing for credit to be processed.
- Bonus will be processed within 8 weeks of initial DDNP posting.
- Navy Federal reserves the right to end or modify this offer at any time. Penalty for early withdrawal. Members should consult a tax consultant or obtain legal advice regarding any tax implications related to the dividend. Taxes related to the bonuses are the member’s responsibility. Navy Federal does not provide tax advice. Other restrictions may apply.
Our Verdict
We’ve had this CD on our Best Savings Rates post already, but now there’s this $25 bonus which is an added little sweetener. NFCU membership is limited to military families.
