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expired Posted by Hubbs1 • Apr 28, 2024
expired Posted by Hubbs1 • Apr 28, 2024

NASA Federal Credit Union: 9-Month High Yield Certificate of Deposit Account (CD)

($10,000 min. deposit) & More

5.50% APY

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Deal Details
NASA Federal Credit Union is offering 9-Month High Yield Certificate of Deposit Account (CD) at 5.50% APY with $10,000 minimum deposit.Thanks to community member Hubbs1 for finding this deal.

Also Available:
  • 49-Month High Yield Certificate of Deposit Account (CD) at 4.55% APY with $10,000 minimum deposit
  • 15-Month High Yield Certificate of Deposit Account (CD) at 5.40% APY with $10,000 minimum deposit

Editor's Notes

Written by megakimcheelove | Staff
  • About this deal:
    • A minimum of $10,000 of new funds brought from an external source required to open all special certificates. Early withdrawal penalties apply and may reduce earnings. 
    • Credit Union reserves the right to limit deposits into this special Certificate. 
    • This limited-time offer is subject to change at any time without notice. 
    • Special 49-month Certificate renews automatically to a standard 48-month term at the rate in effect at the time of renewal unless instructed otherwise. 
    • Special 15-month Certificate renews automatically to a standard 12-month term at the rate in effect at the time of renewal unless instructed otherwise. 
    • Special 9-month Certificate renews automatically to a standard 6-month term at the rate in effect at the time of renewal unless instructed otherwise.
    • Membership Eligibility Requirements Apply.

Original Post

Written by Hubbs1
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
NASA Federal Credit Union is offering 9-Month High Yield Certificate of Deposit Account (CD) at 5.50% APY with $10,000 minimum deposit.Thanks to community member Hubbs1 for finding this deal.

Also Available:
  • 49-Month High Yield Certificate of Deposit Account (CD) at 4.55% APY with $10,000 minimum deposit
  • 15-Month High Yield Certificate of Deposit Account (CD) at 5.40% APY with $10,000 minimum deposit

Editor's Notes

Written by megakimcheelove | Staff
  • About this deal:
    • A minimum of $10,000 of new funds brought from an external source required to open all special certificates. Early withdrawal penalties apply and may reduce earnings. 
    • Credit Union reserves the right to limit deposits into this special Certificate. 
    • This limited-time offer is subject to change at any time without notice. 
    • Special 49-month Certificate renews automatically to a standard 48-month term at the rate in effect at the time of renewal unless instructed otherwise. 
    • Special 15-month Certificate renews automatically to a standard 12-month term at the rate in effect at the time of renewal unless instructed otherwise. 
    • Special 9-month Certificate renews automatically to a standard 6-month term at the rate in effect at the time of renewal unless instructed otherwise.
    • Membership Eligibility Requirements Apply.

Original Post

Written by Hubbs1

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Top Comments

My application spent 3 weeks "in review" before I told them to close my application. Good luck to those taking a chance.
"The minimum deposit for high-yield certificates is $10,000 and funds must be available in an eligible
NASA Federal deposit account at time of opening"
Agreed, Robinhood isn't great IMO. Schwab's money market fund pays 5.25% currently, been stable at or above 5% for a long time now. No monthly fee, no minimum balance. EXCELLENT customer support. Easy to transfer $ to/from your reguar bank. Fairly easy to sign up (though Robinhood is admittedly slightly easier). You put money in by buying $1 shares of SWVXX thru a trading account. Interest is paid monthly, but you get a prorated amount if you invest for part of a month. Great place to park some cash without commitment, and interest rates aren't going to move much until end of this year at the earliest. Fidelity is another good option. $USFR (recommended by rkster09 in a previous comment) is another great option. Regardless of which trading platform, you'll have lots of good options, better than signing up for a credit union that might not accept your application.

Also, you can buy CDs from ANY bank thru Schwab, Fidelity, etc, if you really want to do a CD. You get to pick the bank (or more than one) with the best rate without signing up for an account with that bank.

On this deal, my two cents: the commitment of buying a CD for a 9+ month term at the minimum they're asking for here isn't worth the extra 0.15%, unless you're CERTAIN you can't do anything better with the $ for 9+ months.

144 Comments

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Apr 28, 2024
2,240 Posts
Joined Dec 2006
Apr 28, 2024
Type X
Apr 28, 2024
2,240 Posts

Our community has rated this post as helpful. If you agree, why not thank Type X

This rate is … out of this world…
1
32
6
Apr 29, 2024
1 Posts
Joined Apr 2009
Apr 29, 2024
richguy20002001
Apr 29, 2024
1 Posts
Funding is easy, but how you withdraw after the CD maturity
3
Apr 29, 2024
37,116 Posts
Joined Dec 2005
Apr 29, 2024
SnakePlisken
Apr 29, 2024
37,116 Posts
Quote from richguy20002001 :
Funding is easy, but how you withdraw after the CD maturity
Just transfer to your savings acct.
1
Apr 29, 2024
5,820 Posts
Joined Mar 2008

This comment has been rated as unhelpful by Slickdeals users.

Apr 29, 2024
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Apr 29, 2024
eatgreens20013
Apr 29, 2024
165 Posts

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"The minimum deposit for high-yield certificates is $10,000 and funds must be available in an eligible
NASA Federal deposit account at time of opening"
6
Apr 29, 2024
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Apr 29, 2024
Wildpir8
Apr 29, 2024
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Quote from Slickd3aler :
So that's $270 on $5000 in 9 months?
$202.50 since that's 3/4 of a year.
3
Apr 29, 2024
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Apr 29, 2024
itsssmeee
Apr 29, 2024
827 Posts

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My application spent 3 weeks "in review" before I told them to close my application. Good luck to those taking a chance.
10
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Apr 29, 2024
136 Posts
Joined Oct 2011
Apr 29, 2024
blackmarlin8
Apr 29, 2024
136 Posts
If you have treading account, just fund it and get $USFR.

USFR pays 5.30% Dividend every month.

No hassle to open new accounts/transfer money and lock money in CD. Also easy on tax filing to avoid additional 1099 etc.

https://finance.yahoo.com/quote/USFR/
5
Apr 29, 2024
1,690 Posts
Joined May 2004
Apr 29, 2024
rkster09
Apr 29, 2024
1,690 Posts
Quote from blackmarlin8 :
If you have treading account, just fund it and get $USFR.

USFR pays 5.30% Dividend every month.

No hassle to open new accounts/transfer money and lock money in CD. Also easy on tax filing to avoid additional 1099 etc.

https://finance.yahoo.com/quote/USFR/
Yield 5.31%
YTD Daily Total Return 1.95%
Beta (5Y Monthly) -0.01
Expense Ratio (net) 0.15%
Apr 29, 2024
1,690 Posts
Joined May 2004

This comment has been rated as unhelpful by Slickdeals users.

May 1, 2024
28 Posts
Joined May 2016
May 1, 2024
Plast8
May 1, 2024
28 Posts
Quote from rkster09 :
Just do a Robinhood Gold account for 5.25%.
No CD required.
- $5/mo Robinhood membership fee
1
2
May 3, 2024
3,332 Posts
Joined Dec 2017
May 3, 2024
DonkeyFinest
May 3, 2024
3,332 Posts
Quote from Plast8 :
- $5/mo Robinhood membership fee
Robinhood isn't as reputable as Vanguard, Charles Schwab etc.
There's no one to call if there's a problem.
1
Pro
May 3, 2024
1,002 Posts
Joined Jun 2011
May 3, 2024
Cheapskate27
Pro
May 3, 2024
1,002 Posts

Our community has rated this post as helpful. If you agree, why not thank Cheapskate27

Quote from rkster09 :
Just do a Robinhood Gold account for 5.25%.
No CD required.
Quote from DonkeyFinest :
Robinhood isn't as reputable as Vanguard, Charles Schwab etc.
There's no one to call if there's a problem.
Agreed, Robinhood isn't great IMO. Schwab's money market fund pays 5.25% currently, been stable at or above 5% for a long time now. No monthly fee, no minimum balance. EXCELLENT customer support. Easy to transfer $ to/from your reguar bank. Fairly easy to sign up (though Robinhood is admittedly slightly easier). You put money in by buying $1 shares of SWVXX thru a trading account. Interest is paid monthly, but you get a prorated amount if you invest for part of a month. Great place to park some cash without commitment, and interest rates aren't going to move much until end of this year at the earliest. Fidelity is another good option. $USFR (recommended by rkster09 in a previous comment) is another great option. Regardless of which trading platform, you'll have lots of good options, better than signing up for a credit union that might not accept your application.

Also, you can buy CDs from ANY bank thru Schwab, Fidelity, etc, if you really want to do a CD. You get to pick the bank (or more than one) with the best rate without signing up for an account with that bank.

On this deal, my two cents: the commitment of buying a CD for a 9+ month term at the minimum they're asking for here isn't worth the extra 0.15%, unless you're CERTAIN you can't do anything better with the $ for 9+ months.
Last edited by Cheapskate27 May 3, 2024 at 05:14 PM.
5
May 3, 2024
498 Posts
Joined Oct 2010
May 3, 2024
ChityWok
May 3, 2024
498 Posts

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who needs to lock in $$ for a term when can easily get similar return at vanguard money market, last time a while back was 5.28% and can withdraw anytime .....
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May 3, 2024
498 Posts
Joined Oct 2010
May 3, 2024
ChityWok
May 3, 2024
498 Posts
Quote from rkster09 :
Just do a Robinhood Gold account for 5.25%.
No CD required.
dumb. Robinhood is shady a f. never use trash, remember the problem when site crashed..... c'mon man. vanguard is 1000x better
1

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