CD Rates – Bank of Internet
Bank of Internet is currently offering some of the best CD rates available right now. The bank's certificate of deposit are available in terms ranging between 3 months to 60 months and every month in between. The minimum opening certificate of deposit balance at Bank of Internet is $1,000.
Bank of Internet's 3 month to 5 month CD rates are at 0.35 percent with an annual percentage yield of 0.35 percent. That CD rate is competitive with the current national average rates.
Bank of Internet's longer term CD rates are better deals right now. Certificates of deposit with terms of 6 months to 11 months have a current CD interest rate of 0.75 percent with an APY of 0.75 percent.
Current 12 month CD rates to 23 month CD rates are at 1.25 percent with an APY of 1.26 percent. To give you an idea of how their CD rates compete the current national average 12 month CD rate at banks and credit unions is 0.83 percent.
Bank of Internet - CD Rates
CD rates change all the time. For a current list of bank CD rates at Bank of Internet go to bankofinternet.com.
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