First Internet Bank CD Rates

First Internet Bank headquartered in Indianapolis, Indiana, is offering certificates of deposit and IRA certificates of deposit. The CD account terms are between 3 months and 60 months. The minimum opening deposit is $1,000. The bank's CD rates are not the best CD rates around but they are competitive with other banks and credit unions.The bank's highest CD rate and most competitive rate is on their 5 year certificate of deposit. The current 5 year CD interest rate is 2.91 percent with an annual percentage yield (APY) of 2.95 percent.

CD Rates and APY

3 Months 0.50% Rate 0.50% APY 6 Months 0.75% Rate 0.75% APY 12 Months 1.00% Rate 1.00 % APY 18 Months 1.19% Rate 1.20 % APY 24 Months 1.59% Rate 1.60 % APY 36 Months 2.13% Rate 2.15% APY 48 Months 2.47% Rate 2.5% APY 60 Months 2.91% Rate 2.95% APY Certificate of deposit accounts are insured by the FDIC for up to $250,000. For a list of more current CD rates go to firstib.com.