Everbank's MarketSafe Gold Bullion CD has been named one of the "Best New Products of 2005" by BusinessWeek. The highlights of the CD are as follows:
- Returns based on the Spot Price of Gold Bullion.
- Earnings potential for matured MarketSafe Gold Bullion CDs is equal to percentage of the Spot Price of the Bullion upside, where upside is based on the average of 10 semiannual pricing dates, according to the Product Calculation Rules described in the product term sheet.
- Guaranteed 100% protection of deposited principal.
- No account fees.
- 5 year term.
- $1500 Minimum.
- Available through May 16, 2006.
- FDIC-insured.
- High-yield cash account for early funding.
- Early withdrawal penalties apply. Please consult product term sheet and marketsafe terms and conditions for details.