In this blog, we aim to bring to you the top CD rates of different banks and today we will turn our attention to the CD rates of Flagstar Bank. Flagstar Bank of Troy Michigan is a pioneer in paperless banking and is ranked highest in customer satisfaction survey. They are dedicated to maximum possible service. The Flagstar bank CD rates are highly competitive. They have high yield and guaranteed returns with attractive range of maturity.
They have many kinds of CD schemes. First is the Smart Choice fixed which is a CD for 12 months. The interest is fixed at 1.5% APY. In you want a variable rate, then you can choose Smart Choice Variable. The Flagstar CD rates for this scheme is 1.35% APY. Next is the 6 months Internet scheme where the interest rate is 1.25% APY while for the 12 months Internet scheme, the bank CD rates are 1.55% APY.
For the 18 months Internet scheme, the Flagstar certificate of deposit rates are 1.40% while for the 24 month Internet scheme Flag Star bank CD rates are 1.60%. The 36 month internet interest rate is 2.35%, the 48 months Internet rate is 2.35% and the 60 months Internet interest rate is 2.61%.
These good CD rates also come with penalties for early withdrawal and you should keep this in mind while planning. A minimum of $500 is required to open an account. Deposit terms from 180 days to 60 months. Automatic transfer of the interest could be done to any savings account or express checking or money market account. Automatic renewal of deposits could be opted and 24 hours phone and internet banking is available. Above all the main feature is all deposits are FDCI insured.
This blog focuses on the top CD rates offered by many banks and in that series, we will discuss the First Niagara bank CD rates. First Niagara Bank certificate of deposit rates are competitive and guaranteed by the bank as well as insured by the FDIC for any term chosen. The term of CDs vary from 7 days to 10 years to give customers a wide range of flexibility. The minimum CD amount can be as low as $500. The interest earned could be withdrawn or kept in the account for future growth, according to the customer’s convenience. For an 18 month IRA (Individual Retirement Account) account any amount could be added at any time to reach the retirement goal.
First Niagara Bank CD rates scheme, eCD carries an interest rate of 1.15% APY for 30 months and the minimum amount required to open an account is $5000. Besides, they have many schemes that are beneficial for its customers.
There is a scheme called the Belief Baker Bundle that has many different categories. The first category is the Value bundle where overdraft up to $400 is available without the necessity to maintain any minimum balance. No interest is paid under this scheme. The
second is Preferred bundle where an average combined balance of $5000 is required, Interest is paid on a balance of $2500 and overdraft for up to $700 is given, according to eligibility of the customers.
The next one is Prestige Bundle where premium interest rates are paid and highest level of benefits and discounts are offered. To avail this, a combined average balance of $25000 is required and an overdraft of $700 is available according to eligibility.
All these schemes are available with no limitations on transactions, no requirement of minimum balance and free online banking and billing facility. These bank CD rates and features are quite competitive.
Today we are reviewing the current top CD rates offered nationally so that you can more easily find the best CD rates available. Certificates of deposit are a good investment right now given the fact that they offer steady returns. They are also the best investment option because they have fixed maturity dates and people can earn significant profits over extended periods of time. The following is a list of the top CD rates for one, three and five year CDs.
The best CD rates for a one year CD are offered by Sallie Mae. They are offering an APY of 1.55% with no minimum deposit requirement. Bank of Internet USA is offering an APY of 1.54% with a minimum deposit requirement of $1,000. Harris Bank and Discover Bank are currently offering an APY of 1.50% with a minimum deposit requirement of $1,000 and $2,500, respectively.
If you are interested in a three year CD, Bank of Internet USA is offering an APY of 2.42% with a minimum deposit requirement of $1,000. Sallie Mae is currently offering an APY of 2.40% with no minimum deposit requirement. TriState Capital Direct currently offers an APY of 2.35% with minimum deposit requirement of $100,000.
If you are searching for high CD rates then do consider investing in the five year CDs. Nationwide Bank is currently offering an APY of 3.05% with a minimum deposit requirement of $500. Astoria Federal Savings offer the second best rate with an APY of 3.05% and the same deposit requirement of $500. EverBank is currently offering an APY of 3.04% and a minimum deposit requirement of $1,500. Customers can opt for these institutions because of the lucrative rates that are way above market average.
At topcdrates.com, we always discuss about the top CD rates available in the market. We hope this information helps you to make better choices when it comes to your investments. In this article, we will have an in-depth review of Fifth Third Bank CD rates.
Fifth Third bank offers two kinds of CDs, namely Standard CD and 529 CD. The standard CD requires a minimum opening balance of $500 and the minimum term period is 7 days. 529 CD us a tax-free CD that helps you to save for the educational expenses that you may incur in the future.
Fifth Third CD rates for a term of 7 days to 6 months is 0.05% APY for balances between $5000 to $25000. The rates are 0.10% for balances between $25,000 and $50,000 and 0.15% for balances over $50,000. Fifth Third bank certificate of deposit rates for a 6 to 12 month term is 0.10% for a balance of less than $5000, 0.15% for balances between $5000 to $10,000, 0.20% for balances between $10,000 and $25,000, 0.25% for balances between $25,000 and 50,000 and 0.30% for balances over $50,000. Bank CD rates for a period of 12 to 24 months are 0.30% for a balance of less than $5000, 0.35% for balances between $5000 to $10,000, 0.40% for balances between $10,000 and $25,000, 0.45% for balances between $25,000 and 50,000 and 0.50% for balances over $50,000. The rates for a term period of 24 to 36 months are 0.70% for a balance of less than $5000, 0.75% for balances between $5000 to $10,000, 0.80% for balances between $10,000 and $25,000, 0.85% for balances between $25,000 and 50,000 and 0.90% for balances over $50,000. The CD rates for a period of 36 to 48 months are 1.00% for a balance of less than $5000, 1.04% for balances between $5000 to $10,000, 1.09% for balances between $10,000 and $25,000, 1.14% for balances between $25,000 and 50,000 and 1.19% for balances over $50,000.
Our blog is dedicated to help you make the right decisions when it comes to your money. We believe that financial decisions backed by good knowledge and information will always be successful. This is the reason we are providing a review of the top CD rates in the market and in this series, we will be discussing the E-Loan certificate of deposit rates. This article will focus on the salient features and the rates of E-loan CDs.
E-loan offers many savings products and their CDs are one of their popular products. They have many flexible period options that you can choose from. The minimum opening balance for all CDs is $5,000. All their savings products are insured by FDIC and so there is no need for you to worry about the safety of your money. So, relax and enjoy the good interest rates offered by this bank.
The current E-loan CD rates for a period of 1 month is 0.25% for all balances and the rate for a period of 2 months is 0.30%. The bank CD rates for a 3 month period is 0.40% while for a 6-month period, the rates are 0.55%. For a 9-month CD, the rates are 0.65% and for a 1year CD term, the rates are 0.85%. The rates for a 18 month CD are 1.15%, 2 year CD is 1.50%, 3 year CD is 1.75%, 4-year CD is 2.05%, 5 year CD is 2.50% and a 6 year CD is 2.60% respectively. These rates are for any amount that you invest in the CD.These rates are reasonably competitive in the current market conditions and you can definitely consider this as one of the avenues of investment.
July 16, 2010 
Posted in Flagstar CD Rates 
No Comments » 
