Doral Bank Direct CD Rates: 12 Month CD Interest Rates at 1.02% APY
Doral Bank Direct CD rates are very competitive and well above the national average CD rates. Doral Bank Direct's CD rates on 12 month certificates of deposit are currently at 1.01 percent with an APY of 1.02 percent. Current bank CD rates in Bankrate's national average CD rate survey are at 0.71 percent. CD rates at banks for 12 month certificates of deposit in the FDIC's national rate survey are even lower at 0.27 percent.
The highest CD rates right now on our 1 year CD bank rates list are at 1.09 percent with an APY of 1.10 percent. CIT Bank CD rates on 1 year certificates of deposit are at 1.09 percent with an APY of 1.10 percent. Another 1 year CD interest rates on our rate list that are higher than Doral Bank Direct's rates include Bank of Internet USA which is also offering 1 year rates at 1.09 percent with an APY of 1.10 percent. Probably the best CD rate deal at Doral Bank Direct right now are on the bank's shortest term certificate of deposit. Current 6 month CD rates at Doral Bank Direct are currently at 0.91 percent with an APY of .092 percent. The current national average 6 month CD rate in Bankrate's survey is at 0.47 percent. The FDIC's national average 6 month CD rate is at 0.17 percent. CD Rates Doral Bank Direct
Doral Bank Direct's CD interest rates have come down over the past year which is the norm for all bank CD rates since interest rates in general have gone lower. The yield spread between the shortest and longest term certificates of deposit is flat. That being said you're better off staying invested in shorter term certificates of deposit right now. Some of the features of Doral Bank Direct's certificates of deposit include the ability to withdraw the interest earned on the account without penalty. CD interest earned is credited quarterly but you can request monthly, semi annual or annual payments. The minimum opening deposit is $1,000. The minimum account balance to earn interest is $1,000. Accounts can be opened online or by mail. You can open accounts online on Doral Bank Direct's website here: Doral Bank Direct CD Application. |
CD CalculatorsCD Ladder CalculatorCD Calculator Recent CD Rate ArticlesIs a Brokered CD the Right Investment?Marcus Savings Account Rate at 3.30% with $100 Promotional BonusHow to Get a Near Perfect Credit ScoreWhen is the Best Time for a Roth IRA Conversion?PNC Bank Promotional Certificates of DepositBMO Harris Bank Special CD RatesAre you Looking for High Interest Rates on your Savings?Chase Bank CD Rates: 12-Month Term 3.00% APY (Nationwide)MySavingsDirect CD Rates: 6-Month Term 065% APY (Nationwide)Merrick Bank CD RatesTop 5 CD Rates: 12 Month CD RatesCapital One 360 CD Rates – 1 Year APY 4.15%Barclays CD Rates: 12-Month CDs at 4.25% APYAlliant Credit Union CD RatesAlly Bank Offers a Range of Certificate of Deposit (CD) RatesChase Bank CD Rates: 2-Year Term 1.97% APYCapital One CD Rates: 1.75% APY 12-Month CD, 2.50% APY 18-Month CDBrioDirect CD Rates: 12-Month Term 1.80% APY (Nationwide)Sallie Mae Bank CD Rates: 2.00% APY 12-Month CD, 2.20% APY 15-Month CD, 2.40% APY 18-Month CD (Nationwide)LendingClub Bank CD RatesWoodforest National Bank CD RatesCIT Bank CD RatesFirst City Bank CD RatesTD Bank CD Rates | Compare Rate Bump and Standard CDsPeoples National Bank CD RatesFirst Republic Bank CD RatesFrost Bank CD RatesBroadway Bank CD RatesCD Rates December 11, 2019Synchrony Bank CD Rates: 2.00% 12-Month APY (Nationwide)First Republic CD RatesCD RatesCD Rates from BanksCD Rates from Credit Unions |