Officially it's a 5% CD with a bonus of 2.5% bonus of the original deposit at the end of 7 months. New money only. 2k minimum to open, max of 200k
The offer starts 9/29/07
As far as the yield goes on the 7 month c.d. I was going on the math done by the posts I found on bankdeals.blogspot.com. They were coming up with 9.???%