High Interest CD Rates
CD (Certificate of Deposit) accounts are the ones where money has to be deposited for a predefined fixed term. Moeny deposited will not be readily available for transactions like other savings accounts. This is a kind of long term investment. Banks compensate the patience by paying good interest rates on CD accounts. Money is really safe in these accounts due to FDIC insurance.
High Interest CD Rates in USA
EverBank Yield Pledge CDEverbank yield pledge CD has the following interest rates. Below tabulation shows the rates in APY against term.
| Term in months | APY |
|---|---|
| 3 | 0.95% |
| 12 | 1.49% |
| 36 | 2.20% |
| 60 | 3.47% |
Minimum balance required to open and activate a yield pledge CD is just 1500$.
Ally Bank High Yield CDAlly Bank's high yield CD accounts have the following annual percentage yield rates against term.
| Term in months | APY |
|---|---|
| 3 | 0.89% |
| 6 | 1.24% |
| 9 | 1.08% |
| 12 | 1.59% |
| 18 | 1.73% |
| 36 | 2.49% |
| 48 | 2.74% |
| 60 | 3.15% |
There is no initial balance and no monthly fees.
AIG High Yield CDAIG banks cd accounts get a maximum rate of 3.05% for 5 year term. Detailed tabulation of term vs APY is as follows
| Term in months | APY |
|---|---|
| 6 | 1.10% |
| 12 | 1.56% |
| 18 | 1.66% |
| 24 | 2.01% |
| 36 | 2.41% |
| 60 | 3.05% |
Amounts are FDIC insured up-to 250,000$.Credit of interests would be compounded and distributed monthly. This would be detailed in reports following each statement cycle.
American Express Certificate of DepositAmerican Express offers a rate of 2.00% APY for one year term. The amounts are FDIC insured. They also provide console for easy transactions. Generally there are no monthly maintenance fees associated.
Find the tabulation of interest rates.
| Term in months | APY |
|---|---|
| 6 | 1.00% |
| 12 | 1.50% |
| 18 | 1.65% |
| 24 | 2.00% |
| 36 | 2.25% |
| 48 | 2.50% |
| 60 | 2.95% |