Bridgeview Bank of Illinois (IL) is offering a special 7.77% APY 7-month CD. The minimum is $2,500, and the maximum is $7,777.77 per household. It’s only for new customers, and a qualified checking account is required with direct deposit. Direct deposit must be established within 45 days or CD will be penalized by reducing the APY to 3.50%.

Qualifying checking accounts include Preferred, Premimum or Prime Checking. The Prime Checking is the best deal, but it’s only available to those over 50. The next best one is the Preferred Checking which only has a $500 minimum to avoid a monthly fee. The checking account must remain open for 6 months to avoid a $25 closing fee.

Branches are located in Chicago and several other cities in northeastern Illinois.

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