High CD Rates

When looking at Best Bank CD rates, it’s important first to understand where this bank operates primarily, as it is not a national bank.  A lot of people use this bank, however, so we here at High CD Rates Info thought we should look it over for our readers.  BestBank operates primarily in Georgia and Michigan and is an important regional bank in those areas with good certificate of deposit rates.

Rates in Michigan are slightly different than those in Georgia, so we’ll list the Michigan rates here with the Georgia BestBank CD rates in paranthesis ().  In both cases, we’ll assume a current relationship with the bank which includes a Gold Checking account for best CD rates at BestBank.

There are 6, 7, and 13 month terms as well as 2, 3, and 5 year terms for Best Bank CD rates.  Most accounts have a $1,000 minimum deposit except for the 7 and 13 month terms, which require $5,000 to open.  BestBank CD rates are as follows:

For a 6 month the annual percentage yield (APY) is 1.35% (1.35%), 1.66% (1.66%) for 7 months, 1.55% (1.55%) for 13 months, 2.06% (2.06%) for 2 years, 2.16% (2.26%) for 3 years, and 2.76%  (2.66%) for 5 year CD rates at BestBank.  Interest on all but the 6 and 7 month is compounded quarterly and credited then as well.  For the 6 and 7 month BestBank CD rates, the interest is compounded at maturity.

As with all certificate of deposit rates, these can change quickly and to get the best rates available, you should check with your local branch.  BestBank CD rates fluctuate with the market and all accounts at BestBank are FDIC insured to the extent of the law.