3-Month 3.95% 6-Month 4.00% 9-Month 3.90% 1-Year 3.80% 2-Year 3.50% 3-Year 3.65% 4-Year 3.75% 5-Year 3.85%
The current coupon rate for a certificate of deposit (CD) varies depending on the bank and the terms of the CD. It is the interest rate that the bank pays to the CD holder.
"Huntington" IS THE BEST BANK CD INTEREST RATE OFFERED IN DETROIT WHICH CANNOT BE COMPARED WITH THE OTHER BANK CD RATES
The rate of a bank cd varies based on several factors such as the length of the cd and the amount invested. The rate can be anywhere between .01% to 2%.
Bank of America has a great rate.
To get the highest rate CD, you'll want to put in as much money as possible for the longest term possible. which bank, georgia which bank in covington georgia
Bank of America currently has a promotional CD rate of .2%. This CD has a 12 month term. They also have a risk free 9 month CD at .14%. Finally, they have an 18 month CD with a rate of .15%.
Banco Popular has a 15-month CD with a CD rate of 2.50% APY available.
I would go with ING Direct CD.
Discover Bank currently offers a return of 3.7% on a minimum $2,500 investment for a 5-year CD rate.
It might be advisable when looking for banks to check out information available on the CD rates being offered by each bank before committing to a bank account. It is possible to check up on bank CD rates by viewing comparison sites online that might save time as well as bring in the best CD rate for your money. Sites such as Bank Rate offer information for those looking to get the best CD rate.
Of course the rate will vary according to the term of the CD. According to the Bank of America's rate sheet, for a new residential account with advantage checking, their 120 month CD has a rate of 3.70%. For existing customers an 18 month Opt-up CD with a $10,000 deposit will yield 1%.
GMAC Bank has the highest CD interest rate at 2.80%. GMAC Bank also has the highest rate on 12/3 at 3.75percent with a minimum of 500 deposited for a 6 month CD.