CD Rates from the Largest Banks![]() They are borrowing money for near zero percent and investing in higher yielding U.S. Treasury bonds. Why even bother offer decent CD rates and savings rates or making loans when you can make a ton of money with zero risk. The four BHCs, Bank of America, JP Morgan Chase, CitiGroup and Wells Fargo Holding Company all offer CD rates that are well below the national average CD rates. Of the four, Chase Bank and Wells Fargo offer the worst CD rates right now for a 12 month CD. Chase Bank's 12 month certificate of deposit has a CD rate of 0.25% and an APY of 0.25%.Wells Fargo's 12 month standard certificate of deposit has a CD rate of .30% and an APY of .30%. Businessweek reported that Wells Fargo is positioning itself for higher interest rates by cutting its bond holdings by $34 billion in the second half of 2009. If Wells Fargo is preparing for higher interest rates you would think they would want to have depositors lock into longer term certificate of deposits at these current lower CD rates. Here is a list of current CD yields from the four largest BHCs. Bank of America CD yields. Min $1,000 for a standard CD.3 month 0.35 APY 6 month 0.35 APY 12 month 0.65 APY 18 month 0.85 APY 24 month 1.11 APY 36 month 2.01 APY 48 month 2.01 APY 60 month 2.51 APYChase Bank CD yields. Minimum $1,000.6 month 0.25% 12 month 0.25% 24 month 1.01% 36 month 1.01%Citibank CD yields. Minimum $5003 month .25 APY 6 month .35 APY 12 month .85 APY 18 month 1.01 APY 24 month 1.15 APY 36 month 1.50 APY 48 month 2.00 APY 60 month 2.50 APYWells Fargo CD Yields. Minimum $2,500.Standard CD 3 month 0.10 APY 6 month 0.15 APY 12 month 0.30 APY Special Offers 15 month 0.55 APY 21 month 0.90 APY 28 month 1.40 APY 35 month 1.90 APY |
CD CalculatorsCD Ladder CalculatorCD Calculator Recent CD Rate ArticlesMarcus Bank CD Rates: 4.50% APY 12-Month CD Rate - Best DealDiscover Bank CD Rates: Best Deal 4.75% 18-Month CDSilicon Valley Bank (SVB) CollapseBarclays Bank CD Rates: Top Rate 12-Month CD at 5.00% APYSynchrony Bank CD Rates: 14-Month CD Rate at 5.00% APY5.00% 3-Year Bonus CD Rate from Third Federal Savings & Loan: Best 3-Year DealThe Fed Increases the Fed Funds Rate: Why Does That Matter to Me?Start Saving for Retirement in Your 20s and 30sIs a Brokered CD the Right Investment?Marcus Savings Account Rate at 3.30% with $100 Promotional BonusTop 5 CD Rates: 12 Month CD RatesAffinity Federal Credit Union CD Rates: Promotional Rates 4.50% APYCan Other Banks Fail Like Silicon Vally Bank (SVB)?Alliant Credit Union CD Rates: Best Rate 12-Month at 5.00% APY: Updated4.75% APY 12-Month CD Rates from CFG BankThird Federal CD Account Review: 36-Month Bonus CD Rate Now at 5.00%5.00% 11-Month CD Rate from Capital One Bank: Best CD Deal OverallMarcus CD Rates: 18-Month CDs at 4.75% APYCapital 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 CDsCD RatesCD Rates from BanksCD Rates from Credit Unions |