5.00% 11-Month CD Rate from Capital One Bank: Best CD Deal Overall

Capital One's 11-month certificate of deposit offering a 5.00 percent Annual Percentage Yield (APY) is a limited time offer that customers should take advantage of while they can. The 5.00 percent APY is higher than comparable 12-month CD rates, in fact, this is one of the best CD rates around right now. The fact that this special rate is being offered on a shorter term CD is also noteworthy, as shorter term CDs typically offer lower rates than their longer term counterparts.

This 11-month CD from Capital One is an excellent opportunity for those who want to take advantage of a high interest rate without committing to a longer-term investment. The 5.00 percent APY can help customers grow their savings faster and reach their financial goals sooner. Additionally, this special rate is only available until 3/14/23, so customers who are interested in this CD should act quickly to take advantage of this offer.

It's worth mentioning that the last time CD rates were this high was back in 2008, just before the financial crisis and Great Recession. This highlights the current strength of the financial market and the confidence that financial institutions have in the economy. With that in mind, this 11-month CD from Capital One is a great option for those who want to invest in a safe and secure financial product that provides a competitive return on investment.

Capital One's 11-month CD offering a 5.00 percent APY is a limited time offer that should not be missed. The high interest rate, shorter term, and ease of management through Capital One's online banking platform make it one of the highest CD rates currently available. Customers who are looking to grow their savings should take advantage of this special rate while they can. You can open this special CD account at https://www.capitalone.com/bank/cds/special-cd-rates/

Author: Brian McKay
February 2nd, 2023

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