AIG Bank CD Rates

AIG Bank, the banking division of the insurance company AIG, is advertising some very competitive CD rates. Right now the bank's 6 month certificate of deposit rate is 1.19 percent and the annual percentage yield is 1.20 percent. The national average 6 month CD rate is a lot lower at 0.76 percent this week.AIG Bank's one year certificate of deposit rate is 1.64 percent and the annual percentage yield is 1.65 percent. The 18 month CD rate is 1.73 percent and the APY is 1.75 percent.Longer term certificate of deposit rates and yields are also well above the national average CD rates. The bank's 2 year certificate of deposit rate is 2.13 percent with an APY of 2.15 percent. Their 3 year certificate of deposit currently has a rate of 2.47 percent with an APY of 2.50 percent. The 5 year CD rate is 3.00 percent with an APY of 3.05 percent.


The minimum opening CD account balance is $2,500. The early withdrawal penalty for certificate of deposit accounts of 12 months or less is 90 days of interest. Certificate of deposit accounts are insured by the FDIC for up to $250,000. Certificate of deposit accounts at AIG Bank can be opened in minutes online or by phone at 1-866-231-9620. CD accounts can also be opened by regular mail. You print out an application and mail it in or fax it in, for more information visit AIG Bank here: CD account application by mail.