This USAA deal is truly an unadvertised special. I’m a member and went online and even logged in there is no mention of it in the rates disclosure. Gave them a call and this rate applies for the first 6-months and is 5.17% plus and additional 1% for six months, bringing it to 6.17%.
USAA is a GREAT company and I cannot say enough good things about their services. Have had them for investments and insurance for years and always been impressed, to the point where I can honestly say that they are the best company I have ever worked with in my entire life, by far! This applies to insurance as well. It is widely known in military circles that USAA insurance is the best, perhaps a bit more expensive but absolutely no hassle on claims etc. You usually get paid more than your loss, and they never deny you a claim. I believe one reason for this is their primary clientele – military families and members. Generally stable, trustworthy etc., therby reducing risk. (they used to only accept military officers and SNCOs) I’m not sure if you can even join if you don’t have an affiliation right now?