High CD Rates

Once again, we here at Highest CD Rates Info are going to take another look at the latest Citibank CD rates.

Citibank is one of the largest banks in the United States and despite its poor performance in recent quarters; it has managed to do relatively well and stay afloat while its competitors fell pray to a massive financial crisis. Citibank CD rates reflect the company business strategy and its outlook on attracting future investments.

Citibank requires a minimum deposit of $500 for opening a CD account. A 3-month CD at the bank currently returns an APY of 0.25%. A 6-month CD returns an APY of 0.35% whereas a 9-month CD returns an APY of 0.50%.

CD rates at Citibank for the standard investment of 1-year currently accrue an APY of 0.85%. An 18-month CD returns an APY of 1.00%. A 2-year investment at Citibank returns an APY of 1.15%.

A 30-month CD will yield 1.25% whereas a three year investment returns an APY of 1.50%. A 4-year investment returns an APY of 2.00% whereas a 5-year investment will yield 2.50%. There is also an option of investing in option CD with a standard APY of 0.50%. Interest is paid monthly on all CDs that have terms greater than a year; otherwise, it is paid on the maturity of the certificates.

CDs are renewed automatically on the maturity though a grace period of seven days is given so that the customers can rethink their options. Penalties are applied in case of early withdrawals but no fees are charged otherwise. All online banking features are applicable on CD investments.

Time for us here at High CD Rates Info to bring you up to date on the latest in Wells Fargo CD rates.

Wells Fargo is a major financial institution and has remained in a relatively stronger financial position despite the economic recession that resulted in the fall of some other giant banking institutions. The company offers a variety of investment options and its savings accounts have remained popular over the years along with certificates of deposit. As of Feb. 19, Wells Fargo bank cd rates for 3-month investment returns an APY of 0.10%. A 6-month investment returns an APY of 0.15%.

Wells Fargo CD rates for one year investment will return an APY of 0.30%. This APY rate is lower than the general market averages though many customers are more interested in investing their money in a mammoth institution like Wells Fargo. A minimum investment of $2,500 is necessary for the standard CD rates offered by the company.

CD rates at Wells Fargo Bank are the highest if customers are availing the special packages of the company. A 15-month CD, under the special offers plan, returns an APY of 0.55% and the certificate can be extended for 12 months. A 21-month CD returns an APY of 0.90% and it can also be extended for a term of 12 months. A 28-month CD returns an APY of 1.40% whereas a 35-month CD returns an APY of 1.90%.

Wells Fargo Bank CDs can be extended for a term of 24 months or two years. A minimum deposit of $5,000 is required to avail the special CD rates from the company.

Sierra Vista Bank is located in Folsom, California with another branch in Cameron Park, both suburbs of Sacramento.  This little-known, local bank which began as a small business, community bank for the area, has become a popular local bank with a strong standing.  Today, here at High CD Rates Info, we’re going to introduce you to this bank and show you the CD rates at Sierra Vista.

Sierra Vista is a very local bank with all of the flair that this includes.  Their marketing is based purely on community involvement and their CEO’s bad jokes.  The bank holds an annual Texas Hold ‘Em tournament for local charities, participates in local events, and is otherwise involved in the small towns it services.  This is counter to the “big bank box” thinking of many other banks.

Sierra Vista CD rates are competitive with regional rates, with a one year CD coming in at 0.75% annual percentage yield (APY) and a five year term with CD rates at Sierra Vista being 2.05% APY.  There are better national rates, but there are a lot worse rates too.  If you prefer local banking, this might be your choice.

The bank recently reported profitability and assets of $105 million, which means the bank is on better financial footing (relatively) than most banks nationally.  Local banks have been weathering the financial storm a little better than their larger competitors.

Overall, if you prefer local banking, then Sierra Vista Bank CD rates might be for you.  Sierra Vista is, of course, fully FDIC insured.

Here at Highest CD Rates Info, we like to look at everything available to our readers.  Today, we’re going to look at how USAA rates stack up.

United Services Automobile Association offers a number of investment options in saving certificates. USAA Bank certificates of deposit are a popular option of investment as they ensure a higher rate of return and offer extended investments. USAA Bank CD rates depend on economic conditions and market factors and are subject to change.

CD rates at USAA Bank are estimated for different types of investments and certificates. More popular are the fixed rate investments that offer a multitude of investment options. A standard fixed rate CD for duration of one year returns an APY of 1.40%. USAA Bank also offers the Jumbo and Super Jumbo investment options under which the APY increases at 1.45% and 1.70%, respectively.

USAA CD rates for a two year standard investment are currently estimated at 2.15%. A 3-year investment returns an APY of 2.50% whereas a 4-year CD yields 2.75% APY. A 5-year investment plan in fixed rate CDs return an APY of 3.15% whereas a 7-year CD returns an APY of 3.75%.

Standard CDs for fixed rate investment are available for a minimum balance requirement of $1,000. Jumbo CD asks for a minimal balance of $95,000 and Super Jumbo at $175,000.

Adjustable CD rates at USAA Bank for a 3-year CD are currently estimated at 1.50%. A 4-year CD investment under adjustable option offers an APY of 1.75% and a 5-year CD investment yields 2.16%. Variable rate CDs offer an APY of 1.03% for a standard investment of one year.

You are in good hands with Allstate CD rates. Allstate Bank is a wholly-owned subsidiary of the Allstate Corporation, the country’s largest publicly held personal insurance company. Allstate Corporation owns Allstate Insurance Company and Allstate Financial Group, which is comprised of America’s 17^th largest life insurance business as well as businesses in that market annuities, savings, and financial services products through licensed financial professionals.

Allstate Bank works with Allstate Insurance Company and Allstate Financial Group to bring innovative products and services to the marketplace. At present, Allstate Bank offers a variety of short term and long term regular CDs to help you find a product that achieves your financial goals. Their IRA CDs carry the same benefits as their regular CDs but include tax benefits. In a Traditional IRA, your money grows tax-deferred. In a Roth IRAs, it grows tax free.

For regular CDs and IRAs, there is a minimum $1000 required to open for personal accounts; $10,000 minimum deposit for non-personal accounts. There are no additional deposits allowed until maturity but you can withdraw monthly interest without penalty. Renewal is automatic and there is a 14-day grace period to make changes and or add funds to your account.

The 30 days CD has an APY of 0.50%. The 90 days CD has an APY of 0.75%. The 6 months CD has an APY of 0.90%. The 1 year CD has an APY of 1.30%. The 2 years CD has an APY of 1.45%. The 3 years CD has an APY of 1.75%. The 5 years CD has an APY of 2.40%. Interest is compounded daily and credited monthly. These CD rates are current from their website 2/2/2010.

Contact a local Allstate agent or visit their website for more details on Allstate CD rates.

The BB&T CD rates offer total investment flexibility. Branch Banking and Trust have both regular term CDs with terms from 7 days to 60 months, as well as a number of other CDs designed to help you meet specific investment goals.

Rates are fixed for the term and they have tiered rates based on deposited funds. Interest is compounded daily for CDs less than $100,000. There is a simple interest on collected balances for CDs $100,000 or more.

For 7 days to 31 days CDs, the minimum to open is $2500 for terms 7-31 days and $1000 for terms over 31 days. There are no monthly fees and the CD automatically renews. A grace period at renewal is given which will allow you to negotiate term, rate, or adjust account balance. This CD may also be pledged as loan collateral.

For the Home Saver CD, the minimum to open is $100 for a term of 36 months. For the Add-On CD, the minimum to open is also $100 but for a term of 12 months only. Both CDs require an automatic deposit of $50 or more per month from a BB&T checking or savings account. An additional deposit of $50 or more may be made at the branch, through BB&T Online Banking, or through BB&T Phone24 once a month. The interest will accrue on all additional deposits at the same rate and APY as the original deposit. You can withdraw the entire principal amount on a Home Saver CD anytime without penalty if the funds are used to buy a home. Any withdrawn funds must have been on deposit for at least 7 days and no other withdrawals may have been made in the preceding 8 days. The interest earned during the 12 month term of an Add-On CD may be withdrawn at any time without penalty.

There is also the College Saver CD, Can’t Lose CD, Stepped Rate CD, and Treasury CD. However, their CD rates do not appear on their website and are only disclosed upon opening a CD. The CD calculator in their website that shows an interest rate of 2.00% with an APY of 2.018% is just an estimate and may not reflect the actual rate of a chosen CD.

It is best to apply in person or send them an email through their website for your BB&T CD rates.

Here at High CD Rates Info, we’re looking at the best bank rates available for 2010, right now.

Current CD rates depend on market conditions and other factors of the financial industry, including regulatory interventions. CD rates are generally following a moderate pattern although there are frequent fluctuations between these rates. For a 1-year investment, current cd rates for 2010 are as under.

For 5-year CDs, APY are always the highest as this is the standard long term investment. Although seven and 10 year investment options are also available but customers generally opt for the five year option. Capital One Direct Banking is currently the highest APY of 3.25% for a minimum deposit of $5,000. Discover Bank offers the same APY but has a lower requirement of minimum deposit at $2,500.  Ally Bank offers an APY of 3.10% and does not have any minimum deposit requirements.

For 3-year investments, Discover Bank offers the best APY of 2.50% with a minimum deposit of $2,500. Ally Bank offers an APY of 2.49% and does not have any minimum deposit requirements. Aurora Bank, FSB offers an APY of 2.42% with a minimum deposit requirement of $1,000.

For one year term of investment, Colorado Federal Savings Bank is offering the highest APY for a minimum investment of $5,000. It is offering an APY of 2.00% at this investment. Charlotte, North Carolina-based newdominionDIRECT.com is second with an APY of 1.92%. It requires a minimum investment of $3,000. Ascencia, a division of PBI Bank offers current bank CD rates at an APY of 1.91% at a minimum investment of $500.

The Susquehanna Bank CD rates offer competitive options designed to help you achieve your financial goals. Susquehanna is a regional financial services holding company with assets of approximately $14 billion. It includes a commercial bank that provides financial services at more than 220 office locations throughout Pennsylvania, Maryland, New Jersey, and West Virginia.

The Susquehanna Access CD (No penalty CD) is a 12 month term that requires a minimum opening deposit $5000. If a $5000 minimum deposit is made, it has an interest rate of 0.75% with an APY of 0.75%. If the minimum deposit of $50,000 is made, the interest rate is 0.80% with an APY of 0.80%.

Their 7 to 90 day Fixed Rate CD has a minimum opening deposit of $20,000. For the 7 to 31 Day Fixed Rate CD, if the minimum deposit is $20,000, it has an interest rate of 0.15% with an APY of 0.15%. For the 32 to 90 Day Fixed Rate CD, if the minimum deposits is $20,000, it has an interest rate of 0.25% with an APY of 0.25%.

The 3 to 5 month Fixed Rate CD requires a minimum opening deposit is $2,500. It has an interest rate of 0.45% with an APY of 0.45%.

The 6 to 11 month Fixed Rate CD requires a minimum opening deposit is $1,000. It has an interest rate of 0.65% with an APY of 0.65%.

The 12 to 120 month Fixed Rate CD requires a minimum opening deposit and is $500. The 12 to 17 month CD has an interest rate of 0.80% with an APY of 0.80%. The 24 to 35 month CD has an interest rate of 1.19% with an APY of 1.20%. The 60 to 71 month CD has an interest rate of 1.69% with an APY of 1.70%. The 120 month CD has an interest rate of 2.28% with an APY of 2.30%.    

Susquehanna’s CD rates depend on the balance tiers they have posted in their website. These rates are effective as of 1/18/2010 but may change without prior notice.

Find out more about other available Susquehanna Bank CD rates by visiting their website.

We here at High CD Rates Info realized that we haven’t looked at Citibank CD rates before and knew that you would want to see what they have to offer.  Especially for some of the short-term CD rates at Citibank.

There are several offers for terms under one year in duration and for the rates we’re quoting here, we’re assuming a deposit above the $500 minimum required and below the $10,000 threshold.  Since Citibank CD rates are tiered by deposit amount, higher deposits may mean higher Citi CD rates (annual percentage yields).

For a 3-month term, Citibank CD rates are 0.50% APY, they’re 0.75% APY for 4 months, and 1.01% APY for 5, 6, and 7 month terms.  A special 8-month term gives a 1.20% APY, which is extremely competitive.  9 months yields 1.15% APY, which is also very good in today’s market.  10 months gives 1.01% APY.

Going to a full year means a huge jump to 1.50% APY on your deposit, which is one of the better CD rates at Citibank.  Going longer-term can yield higher rates, of course.

The 18 month, for instance, trumps the Citibank CD rates all the way up to four years with a good 2.25% APY.  2 years to 4 years yields an OK 1.75% APY Citi CD rates.  The five year is nationally competitive at 3.00% APY.

Overall, there are some good CD rates at Citibank that are definitely worth checking out.  All Citi accounts are FDIC insured, of course.  Rates change quickly, so if any of these Citi CD rates appeal to you, make sure to lock yours in now.

It’s been a little while since we here at High CD Rates Info had a look at the latest in Chase CD rates.  In the couple of months since we last reviewed them, there have been some changes, so let’s look at the latest info in specials, short-term, and other CD rates at Chase.

There are six specials being offered right now, all with a $10,000 minimum deposit requirement and auto-renew for a similar term at regular rates before maturing.  Check your local branch for the availability of these Chase Bank CD rates.

For the shorter-term, the 7 month special rate is 1.01% annual percentage yield (APY) and the 13-month special is 1.25% APY.  This compares to the 0.25% APY on the 6-month and one year terms for normal Chase CD rates.

Similarly, the 18-month Chase Bank CD rates special rewards 1.50% APY (compared to 1.01% for the standard 18 month).  A 24-month special CD rates at Chase is 2.25% APY, more than double the 1.01% APY given on the 18, 24, and 36 month terms at regular Chase CD rates.

Finally, the 48-month and 60-month specials have a 2.50% and 3.00% APY (respectively).  Those are good CD rates at Chase for the longer term.

Of course, all Chase Bank accounts are FDIC insured to the fullest extent of the law.  Since rates, especially on specials, change often, make sure to lock in your Chase Bank CD rates now if any of them appeal to you.

We’ll make sure to check again in the near future and let you know if CD rates at Chase have changed again.