5.42% Rate on 1 & 5 Year CDs @ Bank Of Internet
By BestCDRates on Jun 6, 2007 in Best CD Rates, 1 Year CD
BankOfInternet.com is offering 5.42% annual percentage yield on both their 1 year and their 5 year CDs. Their other CD rates range from 5.32% to 5.42% APY on a good selection of maturity terms. They do not offer IRA CDs. From their website:
- $1000 minimum to open
- No fees
- Compounded Daily
- Paid Monthly, Into Account, By Check or Wired to Your Checking Account
- Certificate accounts can be opened up to a maximum of $100,000
They also provide a quote for custom terms to maturity. On their website, it states: “You may also email customerservice@BankofInternet.com with your desired term, if it is not found on the table, and we will provide you with an interest yield.”
Bank of the Internet is FDIC Insured.