High CD Rates

Key Bank is one of the largest banks in the United States and, as such, was ripe for a look from us here at High CD Rates Info.  Key Bank CD rates come in two flavors: a Key Tiered and Key Short Term, both worth looking at for certificate of deposit rates.

Of the two, the Tiered Rates are most interesting with Key Bank CD rates in this one being pretty good for the term.  They come in 3 month to 10 year terms, though the annual percentage yield (APY) levels off at the 5 year mark.

The shortest term (3 months) has a return of 0.50% APY for deposits over $5,000.  At 5 months, this jumps to 1.0% APYand to 2.0% at 11 months.  CD rates at Key Bank in this tiered setting go up to 2.75% APY at 29 months with an optimum 3.0% APY at 36 months.  At 5 years, this skyrockets to 3.5% APY, which is definitely worth it for the longer-term investor.

Key Bank CD rates for Short Term CDs are much lower, but have terms as short as 7 days and going out to six months.  For six months, however, you may as well go with a tiered rate for a better return.

Another great tool for certificate of deposit rates on the Key Bank website is their alert tool.  You can sign up to have updated CD rates at Key Bank sent to you weekly so you can jump on the best deal as soon as it comes up.

Overall, Key Bank CD rates are definitely worth a look.  All Key Bank accounts are FDIC insured.