June 22, 2025 3:30 pm CDT
MoneysMyLife
SUBSCRIBE
  • Home
  • Bank Bonuses
    • Featured Bank Offers
      • BMO Bonuses
      • Chase Bonuses
      • Axos Bank Bonuses
      • KeyBank Bonuses
      • Live Oak Bank Bonuses
      • Upgrade Bonuses
    • Best Bank Bonuses
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing Offers
    • Best Crypto Bonuses (Free BTC & More)
    • Best Investment Research Tools
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Deals & Sign Up Bonuses
    • Best Referral & Sign Up Bonuses
    • Best Cash Back Shopping
      • Best Cash Back Shopping Bonuses
      • TopCashback $25 Exclusive Sign Up Bonus
      • Rakuten $30/$40 Sign Up Bonus
      • RebatesMe $45 Welcome Offer
    • Best Mattress Discounts & Coupons
    • Best Contests & Sweepstakes
    • Best Amazon Coupons & Deals
    • Best Freebie Deals
    • All Deals
  • Money Guides
    • Guide to Bank Bonuses
    • Guide to Investment Research
      • Guide to Seeking Alpha
      • Guide to Interactive Brokers
      • Guide to Investment Research Tools
    • Guide to Cash Back Shopping Apps
    • Guide to Student Loan Repayment Strategies
    • Guide to Get-Paid-To (GPT)
    • Financial Calculators
    • All Money Guides & Tips
No Result
View All Result
MoneysMyLife
  • Home
  • Bank Bonuses
    • Featured Bank Offers
      • BMO Bonuses
      • Chase Bonuses
      • Axos Bank Bonuses
      • KeyBank Bonuses
      • Live Oak Bank Bonuses
      • Upgrade Bonuses
    • Best Bank Bonuses
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing Offers
    • Best Crypto Bonuses (Free BTC & More)
    • Best Investment Research Tools
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Deals & Sign Up Bonuses
    • Best Referral & Sign Up Bonuses
    • Best Cash Back Shopping
      • Best Cash Back Shopping Bonuses
      • TopCashback $25 Exclusive Sign Up Bonus
      • Rakuten $30/$40 Sign Up Bonus
      • RebatesMe $45 Welcome Offer
    • Best Mattress Discounts & Coupons
    • Best Contests & Sweepstakes
    • Best Amazon Coupons & Deals
    • Best Freebie Deals
    • All Deals
  • Money Guides
    • Guide to Bank Bonuses
    • Guide to Investment Research
      • Guide to Seeking Alpha
      • Guide to Interactive Brokers
      • Guide to Investment Research Tools
    • Guide to Cash Back Shopping Apps
    • Guide to Student Loan Repayment Strategies
    • Guide to Get-Paid-To (GPT)
    • Financial Calculators
    • All Money Guides & Tips
SUBSCRIBE
No Result
View All Result
MoneysMyLife
No Result
View All Result
Home Bank Promotions

M.Y. Safra Bank Promotion: 13-Month No-Penalty CD Offer 4.05% APY [Nationwide]

John Huynh by John Huynh
April 21, 2025 1:27 pm CDT
in Bank Promotions
2
Earn a $300 cash bonus with BlueVine!
chase-total-checking-banner-300-2024

M.Y. Safra Bank has made a significant update to their savings product line with an enhanced 13-Month No-Penalty CD. This product now offers an Annual Percentage Yield (APY) of 4.05%, placing it competitively in the market.

Aimed at savers looking for both high returns and flexibility, this offer reflects a strategic move by the New York-based institution.

The offer is available nationwide.

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.

M.Y. Safra Bank Offer

The 13-month MYSB Direct Online No-Penalty CD stands out with its 4.05% APY. This rate applies to deposits of $5,000 or more, with the requirement that these funds be new to M.Y. Safra Bank.

An appealing aspect of this CD is the allowance for two penalty-free withdrawals, offering flexibility not commonly found in traditional CDs.

Rate last updated April 21, 2025.

>> OFFER LINK

TRENDING DEAL:

▶ GET UP TO 4.31% APY WITH THE UFB PORTFOLIO SAVINGS ACCOUNT

Additional Details

Key details of the 13-month No-Penalty CD include:

  • Minimum deposit: $5,000 of new money, not previously deposited with M.Y. Safra Bank.
  • Early withdrawal: Up to two penalty-free withdrawals are permitted. The third withdrawal will result in account closure.
  • Withdrawal restrictions: No withdrawal of the principal amount is allowed within the first six days of account funding or following a partial withdrawal.
  • Account balance requirement: A minimum balance of $5,000 is needed to earn the stated APY.

TRENDING DEAL:

▶ GET A $300 CASH BONUS FROM KEYBANK BEFORE IT ENDS

About M.Y. Safra Bank

M.Y. Safra Bank, headquartered in New York City, was established following the sale of T. Rowe Price Savings Bank to financier and banker Jacob E. Safra in 2013.

This move was a response to evolving regulations in the banking sector.

The Safra family has a longstanding history in banking, dating back to the 19th century with global operations. M.Y. Safra Bank, named after Moise Y. Safra.

Our Take on the Offer

M.Y. Safra Bank’s 13-month No-Penalty CD is an attractive option for those seeking a balance between a high yield and flexibility.

The increase to a 5.00% APY makes it a strong contender in the current market, especially for customers looking for short-term, high-yield savings with some liquidity.

The bank’s solid reputation and historical background add to the appeal, making this offer a noteworthy consideration for savvy savers nationwide.

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.

Interactive Brokers Logo Click here to see why Interactive Brokers is the #1 brokerage for serious investors!

Related


Discover more from MoneysMyLife

Subscribe to get the latest posts sent to your email.

Tags: best cdm.y. safra bank
Tweet13Share21Share4Pin5SendShareSend
Amazon Prime Big Deal Days 2023 Amazon Prime Big Deal Days 2023 Amazon Prime Big Deal Days 2023
John Huynh

John Huynh

As a passionate advocate for financial wellness, I am dedicated to uncovering and sharing the top bonus deals to maximize your earning and savings potential. In my free time, I am a seasoned traveler, constantly creating itineraries for my next adventurous journey.

Comments 2

  1. Genevieve Caputo says:
    1 year ago

    Good morning,
    The link you have for M.Y. Safra Bank is a broken link. Below is the correct one https://www.mysafra.com/MYSB-Online-Offers

    Loading...
    Reply
    • John Huynh says:
      1 year ago

      Thank you for the update, Genevieve

      Loading...
      Reply

Leave a Reply Cancel reply

Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.

Your email address will not be published. Required fields are marked *

Newsletter

Get new posts by email:

Featured Articles

Seeking Alpha Discount and Free Trial Promo Codes

Seeking Alpha Discount – Biggest Sale of 2025 Exclusive Promo Code (Ends July 4)

June 11, 2025 7:07 am CDT

Best Checking & Savings Account Bonuses: Earn Cash With Top Bank Promotions

June 18, 2025 10:47 am CDT

*Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card and banking companies from which MoneysMyLife.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MoneysMyLife.com does not include all credit card and banking companies or all available credit card and banking offers. This content is not provided or commissioned by the bank advertiser. Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. This site may be compensated through the bank advertiser Affiliate Program.

© 2024 MoneysMyLife. All rights reserved.

  • About
  • Advertiser Disclosure
  • Disclaimer
  • Privacy
  • Terms
  • Contact
No Result
View All Result
  • Home
  • Bank Bonuses
    • Featured Bank Offers
      • BMO Bonuses
      • Chase Bonuses
      • Axos Bank Bonuses
      • KeyBank Bonuses
      • Live Oak Bank Bonuses
      • Upgrade Bonuses
    • Best Bank Bonuses
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing Offers
    • Best Crypto Bonuses (Free BTC & More)
    • Best Investment Research Tools
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Deals & Sign Up Bonuses
    • Best Referral & Sign Up Bonuses
    • Best Cash Back Shopping
      • Best Cash Back Shopping Bonuses
      • TopCashback $25 Exclusive Sign Up Bonus
      • Rakuten $30/$40 Sign Up Bonus
      • RebatesMe $45 Welcome Offer
    • Best Mattress Discounts & Coupons
    • Best Contests & Sweepstakes
    • Best Amazon Coupons & Deals
    • Best Freebie Deals
    • All Deals
  • Money Guides
    • Guide to Bank Bonuses
    • Guide to Investment Research
      • Guide to Seeking Alpha
      • Guide to Interactive Brokers
      • Guide to Investment Research Tools
    • Guide to Cash Back Shopping Apps
    • Guide to Student Loan Repayment Strategies
    • Guide to Get-Paid-To (GPT)
    • Financial Calculators
    • All Money Guides & Tips

© 2024 moneysmylife. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d