Free Money - $50 from Netbank for a 12 month CD

[This post is written and copyrighted by FIRE Finance (]

For Netbank customers - when you log onto your online account, click on "Your Special Offers" on the left frame. The details of the offer are as follows:

  • Open a 1 year Netbank CD of $2000 or more with new funds from another institution to get a $50 Visa Gift Card
  • Interest Rate on 1 year CD is 5.01% APY
  • Offer subject to change and may be withdrawn at any time. Expires 3/31/06.

We opened a 1 year CD with Netbank for $2k this week. With the $50 bonus the APY comes around to 7.51% !! Currently the best bet on CDs for a 1-year term (from Bankrate) is a $10,000 at 5.15% APY from Corrus Bank. No prizes for guessing who the winner is !!

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