Million Bucks - Deposit $1 Million And Receive A Free Mercedes

Do you come about for you to have got a cool $1 thousand lying around? If so, you should be serious about starting business relationship together with C1 Bank around Florida (formerly Community Bank). Customers adding which types of dough receive a free Mercedes under a unique promotion. And it's very little base, bare bones either.

Sound for a very great deal? Unfortunately, just like everything in such a life, there are many restrictions.

Restriction No. 1 is definitely that you're just allowed a couple Mercedes per household.

Number a couple of will be that, not like most CDs, you'll funds released by the end with five many years pertaining to just what everyone put in. As Chris Tutor over at things out, basically, that you're letting the financial institution keep an individual thousand cash in return for your $60,000 and also so Mercedes you get. Instead on the 1.2% APR normally compiled if your CD expires, you receive the vehicle way up front. The loan company is phoning this "pre-paid interest."

While it isn't as easy since it may well seem, when you have a million cash and so are on the market for just a Mercedes (and are now living Florida), the idea may not an undesirable move.

"In this kind of fascination rate environment wherever that personal training year CD has an APY associated with 1.20% it's awesome to switch the action with the fast satisfaction on the impressive Mercedes-Benz which our buyer will certainly own," C1 Bank CEO Trevor Burgess claimed throughout a touch release.

Follow Us

Newsletter