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Sovereign Bank CD Rates

Sovereign Bank is advertising their special promotional Save and Invest Certificate of Deposit Package.  The Save and Invest CD Package includes a 6 month certificate of deposit and a 36 month certificate of deposit.  The special promotional CD rate and package is only available until June 4, 2010. You’ll have to visit a Sovereign Bank branch to open a Save and Invest CD Package.Looking for the best CD rates at banks and credit unions? Use our CD rate tables at to find highest CD rates in your area.Their current 6 month certificate of deposit rate is one of the highest CD rates available today. The current 6 month CD rate is 1.98 percent with an annual percentage yield (APY) of 2.00 percent. That rate is higher than the current national average 6 month CD interest rate of 0.697 percent.

The 36 month certificate of deposit give you an opportunity to earn a higher rate of return than a traditional certificate of deposit. The 36 month certificate of deposit performance is based on the performance of the S&P 500 Index. Your CD principal is 100% guaranteed but you can earn a lot more than a traditional certificate of deposit if the S&P 500 increases over the 36 month period. Current Sovereign Bank CD interest rates and more information about their Save and Invest CD Package can be found at
Author: Brian McKay
May 16th, 2010
Posted in: CD Rates from Banks