The current Charles Schwab CD rates are 0.20% for a term of 4 to 6 months. The Charles Schwab CD rates for a period of 7 to 9 months is 0.30% APY and the rates are 0.45% for a term of 10 to 18 months. The Charles Schwab certificate of deposit rates for a period of 1.5 years to 2.5 years is 1.25% APY. The best part of these CDs is that they are all insured by FDIC and backed by the guarantee of Charles Schwab. This guarantee takes a lot of importance in this current economic scenario. These interest rates coupled with the features that come with it make it an attractive investment option for many people.

Bank of America is one of the largest banks in the United States. It did face some turbulent times in recent months but has managed to stay afloat and expand its business. Bank of America offers a number of investment options and certificates of deposit constitute a popular option.

Bank of America CD rates for the fixed high yield CD are as follows. The bank requires a minimum investment of $5,000 for CD and $2,000 for IRA accounts.

CD rates at Bank of America for a one year high yield promotional CD are currently accrued at 0.80% APY for general CD and 1.05% APY for IRA investment.

The certificate of deposit rates for a standard investment of 1-year will yield 0.65% APY whereas the 6-month investment is calculated at 0.35%. An 18-month investment will yield 0.85% whereas a 2-year investment will return 1.11%. A 3-year investment return s an APY of 2.01% and a CD of 4-years will also yield 2.01%. A 5-year CD yields the highest APY of 2.51% but the bank also offers a 10-year CD with an APY of 3.51%.

IRA investments yield the highest APYs at 3.76% for a 10-year investment. IRA also yields 2.75% for a 5-year investment and 2.25% for a 4-year CD.

Bank of America imposes penalties on early withdrawals and this rule is applied across all investments, including IRA investments. The bank can also limit the total investment amount to be less than $500,000 under special circumstances.

CD rates at ING Direct are generally at or better than the market standards in the US. The bank has however managed to attract customers due to its multitude of investment options and good customer services.

The company offers a complete online solution to customers where they can open their accounts without any delays. The certificate of deposit rates at ING Direct are calculated while keeping the national economic and financial factors in mind. All the rates are valid as of January 30, 2010.

ING CD Rates for an investment of six months returns an APY of 1.15%. A 9-month CD also offers the same rates at 1.15%. A 1-year CD at ING Direct returns an APY of 1.60%. An 18-month CD returns an APY of 1.50% for a basic investment of $1,000.

ING certificate of deposit rates for a 2-year CD are estimated at 1.50%. They are the same for a 30-month CD at 1.50%. Three year CD also offers an APY of 1.50%. A 4-year CD offers an APY of 1.75%. A standard investment in a 5-year CD will also return an APY of 1.75%.

ING Direct CD rates are the highest for four and five years of investment. ING does not offer the best rates as compared to some other companies. The company offers plenty of investment options other than the certificates of deposit. CD rates are subject to change as per the changes in national economic outlook.

Midvale, Utah-based Ally Bank has introduced some of the highest profit margins on investments. Ally CD rates are applicable on any type of investment, irrespective of the balance amount. The bank does not ask for any minimum balance at the opening of CD accounts.

Ally Bank CD rates are following generally fixed rates in recent years and the bank has started giving these certificates with an APY of 1.84% for a 12-month term. CD rates at Ally Bank for a 3-month CD will have an APY of 1.00%. A 6-month CD will return 1.40% APY and 9-months CD will return 1.20%.

Ally certificate of deposit rates increase with longer terms of investments. A 2-year certificate will return an APY of 2.19% whereas a 3-year certificate returns 2.49%. All of these CDs are offered under the high yield investment option of the company. These investments have higher rates than market average.

The bank offers top CD rates for 4-year and 5-year certificates are 2.74% and 3.10%, respectively. Ally bank also offers no penalty CD with a relatively higher APY for a 9-month term at 1.24%.

There is another option for investment. The online saving account returns 1.50% variable APY for a multitude of investments and term limits. Ally Bank also offers CDs for the money market accounts. They offer a variable APY of 1.50% for these accounts. There are no monthly fees and minimum deposits for money market accounts and they follow the general terms of investment for other CD accounts.

Discover Bank offers 12 different terms ranging from 3 months to a period of 10 years. Rest assured, Discover Bank is FDIC insured promising safety and security to their customers.

Without further ado, here are the Interest CD Rates provided in Discover Bank according to the term: for 3 months the interest rate is at 0.75%, for 6 months the interest rate is at 1.00%, for 9 months it is at 1.20%, for 12 months it is at 1.84%, for 18 months it is at 1.88%, for 24 months and 30 months the interest rate is at 2.23%, for 3 years it is at 2.57%, for 4 years it is at 2.81%, for 5 years (the most popular chosen term in Discover Bank) the interest rate is at 3.25%, for 7 years it is at 3.39% and for the final term of 10 years the interest rate is at 3.63%.

Although the APY does not differ much from the Interest Rate, there is a slight difference which should be acknowledged. For terms of 3 months, 6 months and 9 months, the APY rates are exactly the same as the Interest rates. For the term of 12 months, the APY increases by 0.01% more than the Interest rate making it 1.85% instead of 1.84%. For 18 months, the APY is at 1.90%, for 24 months it is at 2.25%, for 30 months it is at 2.25%, for 3 years it is at 2.60%, for 4 years it is at 2.85%, for 5 years the APY is at 3.30%, for 6 years it is at 3.45%, for  7 years it is at 3.45% and at the final term of 10 years the APY is at 3.70% making a difference of 0.07% compared to the Interest Rate of the same 10 year term.

]]> http://www.top-cdrates.com/discover-cd-rates/feed/ 0 http://www.top-cdrates.com/chase-cd-rates-review/ http://www.top-cdrates.com/chase-cd-rates-review/#comments Sun, 22 Nov 2009 14:18:48 +0000 author http://www.top-cdrates.com/?p=105 It’s been a while since we here at Top CD Rates updated you on the latest with Chase Bank CD Rates. So we’ll look at them today and see what Chase CD rates have to offer you.

There are still six special terms with the top CD rates in Chase’s arsenal. These require a $10,000 minimum deposit to open and maintain and they auto-renew at the same term at standard rates.

For 7 months, the special is 0.50% APY (annual percentage yield), for 13 months it’s 1.01% APY, for 24 months 1.65% APY, for 30 months 2.00% APY, for 48 months 2.50% APY, and for 60 months the top CD rates are 3.00% APY.

Standard Chase certificate of deposit rates require a $1,000 minimum deposit to open and maintain, and are offered in five terms. These will auto-renew unless you specify otherwise.

Chase Bank CD rates for both 6 month and 12 month terms are 0.25% APY. For 18 months, the Chase CD rates are 0.75% APY. For both 24 and 36 month terms, the Chase certificate of deposit rates are 1.01% APY.

These standard terms are about national average, maybe somewhat below, and are definitely not the top CD rates available today. The specials that Chase Bank CD rates offers, however, are very good and worth considering for sure.

Chase Bank is, of course, FDIC insured to the fullest extent of the law. If any of these Chase certificate of deposit rates appeal to you, lock yours in today. Chase CD rates change often to match the current market.

By far, the most competitive of ING CD rates is their special “Added Value” offer on a 12 month certificate of deposit rates of 2.25% annual percentage yield (APY). That outclasses nearly every other ING Direct CD rates on the list.

A shorter-term six month offer at 1.55% APY is available, which is above the national average. The 9 month, by comparison, is at 1.15% APY. Other CD rates at ING Direct are the 18, 24, 30, and 36 month offers at 1.50% APY. 48 and 60 month terms give a 1.75% APY in ING CD rates.

If you’re in need of a business CD, then there are some CD rates at ING Direct worth looking at as well. The shining star is again the 12 month certificate of deposit rates at 2.10% APY with others being the six month 1.55% APY. Then ING CD rates on 18, 24, 30, and 36 month offers are 1.50% APY.

For IRA retirement ING Direct CD rates, they are about the same as the business rates. The highlight is again the 12 month CD at 2.10% APY with the 6 month rate also shining at 1.55% APY.

ING Direct bank account (including CDs) are FDIC insured to the fullest extent of the law. If any of these certificate of deposit rates appeal to you, lock your rate in todya as ING Direct CD rates can change at any time.

We will compare current top CD rates first by term and then ranked by annual percentage yield (APY).

Specials in GMAC Certificate of Deposit
Current specials are the No Penalty CD which has a 9 month term and auto-renews for another 6 months at standard rates. With a 1.75% APY, one of the best CD rates at GMAC, the certificate allows you to withdraw or close the account once during its duration.

Terms and Best GMAC Bank CD Rates
Most of the offerings for GMAC Bank CD accounts are national leaders.

A 3 month term yields 1.25% APY while a 6 month term gives 1.65% APY. The 9 month standard, compared to the above special, gives a 1.60% APY.

One year gives 2.05% APY as another bonus compared to the 18 month yield of 2.00% APY.

Two years gives 2.30% APY, 3 years a 2.75% APY, and 4 years a 2.95% APY. The popular long-term 5 year term has a whopping 3.40% APY on it.

There are no minimum balances required to open or maintain these GMAC certificate of deposit accounts, so any amount you wish to deposit is good enough.

GMAC Bank (Ally Bank) is FDIC insured to the fullest extent and GMAC Bank CD accounts maturing before January 1, 2013 are eligible for extended $250,000 FDIC insurance.

As before, there are six special offers and five standard Chase certificate of deposit rates to consider. We’ll look at the specials first, as these usually have the top CD rates available.

These specials require a $10,000 minimum opening deposit and offer higher annual percentage yields (APY), but unlike many banks they do not have an auto-renew at lower rates you have to wait for. Let’s look at how these Chase CD rates are performing in the special offers right now.

The 7-month special offers a 0.75% APY, the 13-month a 1.15% APY, and the 18-month a 1.50% APY. The 24-month special offers a 2.00% APY, the 48-month a 2.50% APY and the 60-month a 3.00% APY. Those are some great rates for those terms, compared to other national offers.

The standard Chase Bank CD rates are not as spectacular, of course, but are competitive because they require only a $1,000 minimum deposit to open and they are at somewhat shorter terms. Both the six month and the 12 month terms in standard Chase certificate of deposit rates offer a 0.25% APY while the 18, 24, and 36 month terms offer a 1.01% APY.

Chase Bank is, of course, fully FDIC insured to the fullest extent of the law. The top CD rates you see here will not last long, so if any of these Chase Bank CD rates appeal to you, lock your Chase CD rates in today.

It’s a good thing we did, because Peoples United Bank certificate of deposit rates are extremely competitive in most terms. For this look, we’ll assume you have a relationship with Peoples United already. A couple of promotional offers are worth looking at first.

A 1 year term Plus CD offers a 1.75% annual percentage yield and requires a linked checking account and a $500 minimum deposit to open or it can be opened by mail for a $1,000 minimum at a 1.50% APY.

Other Peoples Bank CD rates worth considering are the 91 day short-term rate at 1.00% APY, a 6 month term at 1.25% APY, and 9 or 10 months at 1.35% APY. Definitely some top CD rates there.

For a one year or 15 month term, 1.75% APY is offered for Peoples United Bank CD rates. Their 2 year CD weighs in at 2.00% APY as well.

All Peoples United Bank certificate of deposit rates require a $500 minimum deposit to open. All Peoples United Bank accounts are FDIC insured to the fullest extent of the law.

If any of these top CD rates appeal to you, lock your Peoples Bank CD rates in today before they change. Rates do change often in today’s market.