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[Please note: This page is part of the Chicago CD Rates archive. Most of these deals on this page are not current and no longer available. Please check the date of the post before getting too excited and driving to a bank an hour away. If you have any doubts whether the deal is available, contact the bank or credit union. For a list of more current rates, visit our homepage.]
CDs up to 5.25% at National City
National City Bank has a number of quite high CDs available right now: their 24-month CD is yielding 5.00% APY, and their 36- and 48-month CDs are returning 5.25% APY. The biggest requirement to this deal is that the depositor must have an existing National City personal checking or savings account, or open a new personal checking account (except Free Checking) or a Money Market Savings account with $1,500. One way I’ve heard to get around this is to first open a Free Checking account with $50 or $100 in deposits, then ask to open the CD (or come back the next day to open the CD). The CDs also have a minimum deposit of $10,000 and a maximum deposit of $250,000 per household. This deal is currently scheduled to last through September 13th.
National City has many branches throughout Chicagoland.
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