Discover Bank is advertising bank CD rates with terms ranging between 3 months and 120 months. 12 month bank CD rates monitorbankrates.com/cdrates are 1.19 percent with a bank CD yield of 1.20 percent. That rate is one of the highest CD rates available from any bank or credit union. Savings rates at Discover Bank are also around 1.19% right now.
Discover’s shorter term interest rates are also very high. 3 month CD rates are 0.55 percent with an APYof 0.55 percent. You probably can’t find CD rates at banks higher than Discover’s 6 month rate.
CD Rates Discover Bank
3 Months CD 0.55% Yield 0.55%
6 Months CD 0.90% Yield 0.90%
9 Months CD 1.00% Yield 1.00%
1 Year CD 1.19% Yield 1.20%
18 Months CD 1.29% Yield 1.30%
2 Years CD 1.39% Yield 1.40%
30 Months CD1.49% Yield 1.50%
3 Years CD 1.73% Yield 1.75%
4 Months CD 1.98% 2.00%
5 Years CD 2.27% Yield 2.30%
7 Years CD 2.57% Yield 2.60%
10 Years CD 2.96% Yield 3.00%