4.20% APY
1 year
N/A
$1,000
Limelight Bank shines for its straightforward approach to CDs, offering a solid 4.20% APY with a minimum deposit of $1,000. This makes it accessible for many savers while ensuring their deposits are FDIC insured.
Pros:
- No monthly fees
- FDIC insured
Cons:
- Average APY compared to top competitors
Overall, Limelight Bank's Certificate of Deposit is an excellent choice for conservative investors seeking a reliable return, particularly those looking for a safe and straightforward savings option with a competitive 4.20% APY. Its low minimum deposit requirement makes it suitable for a wide range of savers aiming to grow their funds securely over the next year.
