For those of you who are interested in making a higher APY rate, look no further! M.Y. Safra Bank is offering a wide selection of account rates and lengths to choose from. Looking for a short term solution? The bank has got you covered. What about a long term account? They have those too!
Right now, M.Y. Safra is offering a rather high CD rate of 2.70% APY 12-Month CD, 2.96% APY 36-Month CD, 3.06% APY 60-Month CD Rates on balances of $500, $750, $1,000 or more!. Simply, open an account with a $1,000 deposit and the rate is yours. No matter which rate you choose to open, you will gain access to the same range of features! If you are interested, I suggest you apply as soon as you can!
Editors Note: These CD rates apply only to those who open a MYSB account online.
M.Y. Safra Bank CD Summary
- Direct Link to Offer
- Account Type: CD account
- APY Rates:
Term | APY Rate | Minimum Deposit |
3-Month | 1.95% | $1,000 |
6-Month | 2.05% | $1,000 |
12-Month | 2.70% | $500 |
18-Month | 2.75% | $750 |
24-Month | 2.85% | $1,000 |
36-Month | 2.96% | $1,000 |
48-Month | 3.01% | $1,000 |
60-Month | 3.06% | $750 |
72-Month | 3.15% | $1,000 |
*Rates Effective As Of 04/09/2019
- Availability: Nationwide (Bank Locator)
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Minimum Balance Requirement: $500 – $1,000
- Additional Requirements: None
- Early Withdrawal Fee: Early withdrawal penalties may apply to certificates.
- Auto-Renewal: Not specified
M.Y. Safra Bank Best CD Rates
M.Y. Safra Bank has more flexible terms comparative to a majority of banks that we’ve written about, but it goes without saying that even with all of those flexible terms, a majority of the terms are highly un-competitive. Doesn’t mean this should dissuade you from getting a CD from M.Y. Safra Bank because they do have Share Certificates that rank pretty well on our compiled list of Best 6 or 9-Month CD Rates, Best 1-Year CD Rates, Best 18-Month CD Rates,Best 3-Year CD Rates in our nationwide section. Be sure to notice that rates do change variably, so if you’re interested in a M.Y. Safra Bank Certificate account, it may be a viable option to hop on these rates now while they last.
M.Y. Safra Bank CD Account Features
- Minimum Opening Deposit of $500 (1-Year CD), $750 (18-Month and 60-Month), $1,000 (Online)
- Choices — terms range from 30 days to 5 years
- Guaranteed rate throughout the term of your CD
- Interest is compounded daily and credited to your account monthly.
- The security of FDIC insurance
Conclusion
At the end of the day, M.Y. Safra Bank is a great option if you are a resident looking to start a new banking experience. With a range of short term or long term CD, there is definitely one that you could benefit from! Be sure to see their 2.70% APY 12-Month CD, 2.96% APY 36-Month CD, 3.06% APY 60-Month CD Rates and other rates!
You will be able to obtain some of the best rates available nationwide! Some information regarding this promotion is limited when it comes to the specific requirements needed to earn this great rate. Be sure to comment below any additional info we may have missed. However if you are not interested or looking for more options, be sure to browse our complete list of the Best CD Rates for all your savings needs!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
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