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Free Mercedes-Benz when you open a $1M 5yr CD (1.2% APY)!!!

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Old 05-03-12 | 08:45 AM
  #1  
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Default Free Mercedes-Benz when you open a $1M 5yr CD (1.2% APY)!!!

Cars to choose from:
2012 SLK350
2012 E350
2012 ML350 SUV
2012 E350 Convertible



http://www.c1bank.com/mercedes-benz/

Enjoy!!
Old 05-03-12 | 11:11 AM
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slk or the ML costs the most!
Old 05-03-12 | 04:11 PM
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If only I had a million....lol
Old 05-03-12 | 05:18 PM
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Where did I put that Million dollar check I just had...
Old 05-03-12 | 09:26 PM
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Wow! Great read. Thanks for sharing.
Old 05-04-12 | 10:49 PM
  #6  
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shoot. Florida only.
Old 05-06-12 | 02:43 AM
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come on guys, read the fine print. they basically give you the 60k in interest up front that you would have earned over 5yr...When the term is up, you get your $1M back , not the $1,060,000 that would have earned.

If you had 1M around that you werent planning to use in 5yr, you could get a free Mercedes out of it, but hopefully you'd be smart enough to just spend your $60k cash up front and use the rest of the $940,000 to invest in something with better than 1.2%.
Old 05-22-12 | 03:41 AM
  #8  
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Originally Posted by djb5118
come on guys, read the fine print. they basically give you the 60k in interest up front that you would have earned over 5yr...When the term is up, you get your $1M back , not the $1,060,000 that would have earned.

If you had 1M around that you werent planning to use in 5yr, you could get a free Mercedes out of it, but hopefully you'd be smart enough to just spend your $60k cash up front and use the rest of the $940,000 to invest in something with better than 1.2%.
ya clearly the OP meant this was a great deal for citi bank.....
Old 06-14-12 | 03:23 PM
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its not citi... its c1 bank... and this is an awful way to lock up 1MM
Old 06-16-12 | 01:38 AM
  #10  
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funny thing about this is the bank can reinvest at 12% compounded interest.
Old 06-19-12 | 08:16 PM
  #11  
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I hate banks, plus im sure their making more than 10% return on your million per year...

Last edited by aristo2369; 06-20-12 at 01:09 AM.
Old 07-26-12 | 08:01 PM
  #12  
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If I had a $1M dollars, I wouldn't NEED this offer...
Old 07-26-12 | 08:07 PM
  #13  
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this, many other things you could invent in aand make more than what their offering

Originally Posted by djb5118
come on guys, read the fine print. they basically give you the 60k in interest up front that you would have earned over 5yr...When the term is up, you get your $1M back , not the $1,060,000 that would have earned.

If you had 1M around that you werent planning to use in 5yr, you could get a free Mercedes out of it, but hopefully you'd be smart enough to just spend your $60k cash up front and use the rest of the $940,000 to invest in something with better than 1.2%.
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