Tag Archive: bank cd rates


Bank CD Rates at Ally Bank

Ally Bank has some of the best bank CD rates right now. Ally Bank’s rates are better than most banks but of course you can get higher CD rates banks that are smaller than Ally Bank.

Ally Bank’s best bank CD rate is on their 60 month CD account. The current interest rate is 2.37% with an APY of 2.40%, one of the best CD rates available right now.

Ally Bank’s 3 month certificate of deposit account rate is 0.54% with an APY of 0.54%. One of the highest CD rates right now. I recommend investing in shorter term certificates of deposit because interest rates are going higher this year.

Bank CD Rates at Ally Bank

3 months 0.54% APY 0.54%
6 months 0.94% APY 0.94%
9 months 0.95% APY 0.95%
12 months 1.22% APY 1.23%
18 months 1.29% APY 1.30%
3 years 1.78% APY 1.80%
4 years 2.03% APY 2.05%
5 years 2.37% APY 2.40%

Opening a CD account at Ally Bank is painless and easy. You can start the process on their website here: Ally Bank Application.

Bank CD Rates at Discover Bank

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%

Bank CD Rates April 01, 2011

Bank CD rates are listed below are from several national banks. These banks offer online CD rates at banks. While these rates might not be the best bank CD rates available they are higher than most rates.  These rates are higher than current savings rates at Discover Bank and other banks.

Discover Bank has one of the highest CD rates on 5 year certificates of deposit, the 5 year CD rate as of today April 1, is 2.27%with an APY of 2.30%. Discover’s short term bank CD rate on 3 month certificates of deposit is 0.55%.

Discover Bank CD Rates

3 Months Rate 0.55% Yield 0.55%
6 Months Rate 0.90% Yield 0.90%
9 Months Rate 1.00% Yield 1.00%
12 Months Rate 1.19% Yield 1.20%
18 Months Rate 1.29% Yield 1.30%
24 Months Rate 1.39% Yield 1.40%
30 Months Rate 1.49% Yield 1.50%
3 Years Rate 1.73% Yield 1.75%
4 Years Rate 1.98% 2.00%
5 Years Rate 2.27% Yield 2.30%
7 Years Rate 2.57% Yield 2.60%
10 Years Rate 2.96% Yield 3.00%

Bank of Internet is another bank offering some good rates on certificates of deposit. 5 year CD rates at Bank of Internet are 2.51% with an APY of 2.54%.  Slightly higher CD rates then Discover’s 5 year rate. 3 month to 5 month certificates of deposit earn a lower CD rate than Discover’s 3 month rate. Bank Of Internet’s 3 to 5 month certificates of deposit earn a CD interest rate of 0.35% with an APY of 0.35%.

Bank of Internet CD Rates

  • 3 to 5 Month Bank CD Rates 0.35% CD Yields 0.35%
  • 6 to 11 Month Bank CD Rate 1.14% CD Yields 1.15%
  • 12 to 23 Month Bank CD Interest Rates 1.40% CD Yields 1.41%
  • 24 to 35 Month Bank CD Interest Rate 1.71% CD Yields 1.72%
  • 36 to 47 Month CD Rates at Bank 2.03% CD Yields 2.05%
  • 48 to 59 Month CD Rates 2.26% CD Yields 2.28%
  • 60 Month CD Rates 2.51% CD Yields 2.54%