First Tennessee Bank is offering a rate bonus of 0.15% on a new certificate of deposit. This bonus rate offer however is not for everyone. The 0.15% rate bonus is offered exclusively to First Tennessee checking customers. So, if you are one of these checking customers of the bank then this offer is for you.
If you are contemplating of opening a new certificate of deposit and have not decided which bank you will trust your money with then this offer may be the right choice. You will not only get the current standard CD rate at the time of account opening but you will also get a rate bonus of 0.15%.
All you need to do is:
1. Print out the page of the bonus rate offer by visiting the First Tennessee website.
2. Bring it to the nearest First Tennessee bank near you. This offer is not available for CDs opened online.
3. Open a new certificate of deposit for a term of 12 months or more.
4. And, ask for the rate bonus.
First Tennessee will automatically add the 0.15% CD bonus rate to the standard CD rate in effect on the time of account opening. You can also continue receiving the rate bonus on a renewing CD but you must contact one of the bank’s financial representatives within seven (7) days of your renewal date.
Grabbing this offer will make your money grow faster and money is secured since it is covered by FDIC insurance.
If you have been monitoring First Tennessee’s bank deals in previous months, you will recall that it offered a bonus rate of 0.20%. This time, its bonus rate offer for a new certificate of deposit dropped to only 0.15%. But, no matter what, this bonus rate will still make a decent return of your CD investment. And, you can also continue receiving the bonus rate with a renewing CD.