Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
frontpage Posted by JoeS6345 • Jan 12, 2023
frontpage Posted by JoeS6345 • Jan 12, 2023

Navy Federal Credit Union Members: 15-Month Share Certificate

($50 minimum deposit)

5% APY

259 Comments 98,084 Views
Get Deal at Retailer
Good Deal
Save
Share
Deal Details
Navy Federal Credit Union is offering its Members: 15-Month Share Certificate at 5% APY with minimum $50 deposit.

Thanks to Community Member JoeS6345 for posting this deal.

Note: You must be a Navy Federal Credit Union member to participate in this deal. Click here for membership eligibility info and here for membership application. See Deal Editor's Notes for additional terms & conditions.

Editor's Notes

Written by StrawMan86 | Staff
  • About this deal:
    • Limit one Special 15-Month Certificate (Share Only) per member.
    • This offer, including the stated Annual Percentage Yield (APY), is effective as of January 9, 2023.
    • Navy Federal reserves the right to end or modify this offer at any time. Excludes IRA and ESA certificates.
    • The Special 15-Month Certificate (Share Only) has a $50 minimum balance and a $250,000 maximum balance. Additional deposits are allowed at any time, subject to the maximum balance.
    • Dividends earned are not included in the maximum balance allowed. Once the promotional rate is applied to a purchased certificate, it will remain in effect for the length of the product term. Penalties apply for early withdrawals from certificate accounts. Other restrictions may apply.
  • About this product:
    • A share certificate is similar to a certificate of deposit (CD) but is issued by a credit union rather than a bank. Like a CD, they're issued for a fixed period of time—generally between 3 months and 7 years. They also earn slightly higher dividends than other savings options. Another advantage of certificates is they provide a safe and secure way to grow your money, regardless of market fluctuations.
  • About this Credit Union:
    • Navy Federal Credit Union is federally insured by the NCUA. More info here.
  • Please refer to the forum thread for additional details & discussion. -StrawMan86

Original Post

Written by JoeS6345
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Navy Federal Credit Union is offering its Members: 15-Month Share Certificate at 5% APY with minimum $50 deposit.

Thanks to Community Member JoeS6345 for posting this deal.

Note: You must be a Navy Federal Credit Union member to participate in this deal. Click here for membership eligibility info and here for membership application. See Deal Editor's Notes for additional terms & conditions.

Editor's Notes

Written by StrawMan86 | Staff
  • About this deal:
    • Limit one Special 15-Month Certificate (Share Only) per member.
    • This offer, including the stated Annual Percentage Yield (APY), is effective as of January 9, 2023.
    • Navy Federal reserves the right to end or modify this offer at any time. Excludes IRA and ESA certificates.
    • The Special 15-Month Certificate (Share Only) has a $50 minimum balance and a $250,000 maximum balance. Additional deposits are allowed at any time, subject to the maximum balance.
    • Dividends earned are not included in the maximum balance allowed. Once the promotional rate is applied to a purchased certificate, it will remain in effect for the length of the product term. Penalties apply for early withdrawals from certificate accounts. Other restrictions may apply.
  • About this product:
    • A share certificate is similar to a certificate of deposit (CD) but is issued by a credit union rather than a bank. Like a CD, they're issued for a fixed period of time—generally between 3 months and 7 years. They also earn slightly higher dividends than other savings options. Another advantage of certificates is they provide a safe and secure way to grow your money, regardless of market fluctuations.
  • About this Credit Union:
    • Navy Federal Credit Union is federally insured by the NCUA. More info here.
  • Please refer to the forum thread for additional details & discussion. -StrawMan86

Original Post

Written by JoeS6345

Community Voting

Deal Score
+98
Good Deal
Get Deal at Retailer
Leave a Comment
To participate in the comments, please log in.

Top Comments

they have a calculator on their information page: https://www.navyfederal.org/makin...lator.html

$10,000 gets you $10,644 at maturity.

the sick part, if you click the show details tab.... the effing government is going to take aprox $205 of that in taxes when you file....
It's all members of the military and DoD + their families. Not just Navy.
I was told there would be no math.

258 Comments

Sign up for a Slickdeals account to remove this ad.

Jan 12, 2023
4,535 Posts
Joined Mar 2005
Jan 12, 2023
thegman230
Jan 12, 2023
4,535 Posts
Any roundabout way to join?
3
4
Jan 12, 2023
1,514 Posts
Joined Oct 2008
Jan 12, 2023
Smoke1234
Jan 12, 2023
1,514 Posts
wish i was smart to understand all this
1
Jan 12, 2023
2,416 Posts
Joined Dec 2007
Jan 12, 2023
StephenCarboni
Jan 12, 2023
2,416 Posts
Quote from thegman230 :
Any roundabout way to join?
I believe any family member who is a veteran.
1
Jan 12, 2023
27 Posts
Joined May 2008

This comment has been rated as unhelpful by Slickdeals users.

Jan 12, 2023
150 Posts
Joined Nov 2008
Jan 12, 2023
richiexluu
Jan 12, 2023
150 Posts
Quote from Smoke1234 :
wish i was smart to understand all this
if you borrow $100 with a 5% APR, you will pay $105 dollars back to the lender you borrowed from. The lender will make $5 in profit.

If Navy Federal borrows $100 from you with the percentage that's posted, how much do you think you'll get?
5
Jan 12, 2023
1,817 Posts
Joined Apr 2004
Jan 12, 2023
jon2249
Jan 12, 2023
1,817 Posts
No loop hole on this one unfortunately. Been trying for a year
1
Jan 12, 2023
2,799 Posts
Joined Nov 2013

This comment has been rated as unhelpful by Slickdeals users.

Sign up for a Slickdeals account to remove this ad.

Jan 12, 2023
560 Posts
Joined Aug 2013
Jan 12, 2023
BluFalcon
Jan 12, 2023
560 Posts
Quote from AJDemineh :
Ahh wish this was public, instead of just navy. 5% is the goal for me
It's all members of the military and DoD + their families. Not just Navy.
Jan 12, 2023
754 Posts
Joined Jan 2007
Jan 12, 2023
noeffort
Jan 12, 2023
754 Posts
Check out brokerage CD's for your IRA. Paying 4% for 1 to 6 months.
5
Jan 12, 2023
3,904 Posts
Joined Dec 2006
Jan 12, 2023
gabrielh
Jan 12, 2023
3,904 Posts
Pretty good deal from a large Credit Union. Eligibility to be a member is pretty wide as well.
NFCU have 15 months CD (Credit Unions calls them "Share Certificates") for 5% APY up to 250k.

https://www.navyfederal.org/check...rates.html
1
Jan 12, 2023
14,130 Posts
Joined Dec 2015

This comment has been rated as unhelpful by Slickdeals users.

Jan 12, 2023
3,904 Posts
Joined Dec 2006
Jan 12, 2023
gabrielh
Jan 12, 2023
3,904 Posts

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

Quote from Defensivetackle99 :
So if I for example put $1000 today, I would get 5% profit which is $50.0015 month from now?
What do you mean month from now? It's annual percent yield locked for 15 months. So your $1000 will get you $63 profit
1
1
Pro
Jan 12, 2023
9,806 Posts
Joined Feb 2017
Jan 12, 2023
OnePlus7pro
Pro
Jan 12, 2023
9,806 Posts
Quote from gabrielh :
What do you mean month from now? It's annual percent yield locked for 15 months. So your $1000 will get you $63 profit
I'm hoping people are just kidding but this is the same stupid type of replies that popped up yesterday when this deal was posted.
3
Jan 12, 2023
3,904 Posts
Joined Dec 2006
Jan 12, 2023
gabrielh
Jan 12, 2023
3,904 Posts
Quote from OnePlus7pro :
I'm hoping people are just kidding but this is the same stupid type of replies that popped up yesterday when this deal was posted.
Ouch I searched before posting I guess since it doesn't have Navy Federal in the title it didn't show up.
And yeah I wonder how ppl dont understand basic interest rates/math looking at the questions above. Hopefully just kids browsing SD lol.
3

Sign up for a Slickdeals account to remove this ad.

Jan 12, 2023
872 Posts
Joined Nov 2010
Jan 12, 2023
luniz97
Jan 12, 2023
872 Posts
Quote from OnePlus7pro :
I'm hoping people are just kidding but this is the same stupid type of replies that popped up yesterday when this deal was posted.
If you put in 100k, you will have 106,136.77 by the end of 15 months.

Popular Deals

View All

Trending Deals

View All