HSBC  Advance, formerly known has HSBC Direct is offering certificates of deposits that have terms between 6 months and  4 years. The best CD rate (deal) is their 12 month certificate of deposit rate. The bank’s 12 month CD rate and annual percentage yield is currently at 1.01 percent.

The bank’s other certificate of deposit rates are not the highest CD rates around but the rates are still competitive.

HSBC Advance CD account features:

• No risk.
• Low early withdraw penalty, only 30 days’ simple interest.
• You can open and manage a CD account online.
• CD accounts are insured for up to $250,000 by the FDIC.

Here is a full list of HSBC Advance certificates of deposit and the annual percentage yields.

• 6 months CD 0.40% APY
• 9 months CD 0.50% APY
• 12 months CD 1.01% APY
• 18 months CD 1.01% APY
• 24 months CD 1.10% APY
• 30 months CD 1.10% APY
• 36 months CD 1.60% APY
• 48 months CD 2.00% APY

HSBC Advance CD Rates : HSBC CD Rates

Ally Bank, which used to be GMAC bank, is offering a certificate of deposit that allows you to raise the interest rate if certificate of deposit rates go higher after you open an account.

The “Raise Your Rate CD” is available for Ally Bank’s 2 year certificate of deposit. You can raise the rate on the CD anytime after opening the account. You only have one opportunity to increase the CD rate during the entire certificate of deposit term.

The CD rate isn’t the highest two year CD rate around but it still has a good rate and yield.  The current 24 month Raise Your Rate CD  is 2.02% with an annual percentage yield of 2.04%. There is no minimum balance requirement to open a Raise Your Rate CD.

Interest earned on the certificate of deposit is compounded daily which gives you a higher annual percentage yield than a certificate of deposit account that has interest compounded monthly or quarterly. CD accounts are insured by the FDIC for up to $250,000.

For more information on the Raise Your Rate CD visit Ally Bank at Ally.com

Capital One Bank, the banking divison of the credit card company Capital One, is advertising CD rates that are around the national average rate.  The minimum opening certificate of deposit account balance is $5,000. Jumbo certificate of deposit accounts require a deposit of at least $100,000.

Here are current CD rates and an annual percentage yields from Capital One Bank:

CD Rates (minimum deposit of $5,000)

• 6 months CD 0.25% Rate 0.25% APY
• 1 year CD  0.50% Rate 0.50% APY
• 18 months CD 0.91% Rate 0.91% APY
• 2 years CD 1.24% Rate 1.25% APY
• 30 months CD 0.75% Rate 0.75% APY
• 3 years CD 1.88% Rate 1.90% APY
• 4 years CD 2.47% Rate 2.50% APY
• 5 years CD 2.96% Rate 3.00% APY
• 7 years CD 3.20% Rate 3.25% APY
• 10 years CD 3.20% Rate 3.25% APY

Jumbo CD Rates (minimum deposit of $100,000)

• 6 months CD 0.25% Rate 0.25% APY
• 1 year CD  0.50% Rate 0.50% APY
• 18 months CD 0.91% Rate 0.91% APY
• 2 years CD 1.24% Rate 1.25% APY
• 30 months CD 0.75% Rate 0.75% APY
• 3 years CD 1.88% Rate 1.90% APY
• 4 years CD 2.47% Rate 2.50% APY
• 5 years CD 2.96% Rate 3.00% APY
• 7 years CD 3.20% Rate 3.25% APY
• 10 years CD 3.20% Rate 3.25% APY

For more information on Capital One Bank certificates of deposit and current CD rates visit: Capital One Bank

Bank CD rates were down again this week, continuing the never ending downtrend it seems. 3 year certificate of deposit rates were the only rates that increased this past week.

The average 3 year bank CD interest rate increased to 1.650 percent, up from the prior week’s average bank CD rate of 1.640 percent.

Looking for bank CD rates? Use our rate tables to find bank CD rates in your zip code. Bank CD Rates

Bank CD Rates

3 month bank CD rates are averaging 0.482 percent this week, down from the last week’s average of 0.494 percent.

6 month CD rates are averaging at 0.768 percent, down from last week’s average rate of 0.778 percent.

12 month bank CD interest rates are averaging 1.041 percent, down from last week’s average rate of 1.050 percent.

18 month interest rates are averaging 1.091 percent, down considerably from the prior week’s average rate of 1.249 percent.

24 month rates are averaging 1.485 percent this week, down from the previous week’s average of 1.504 percent.

36 month certifciate of deposit rates are averaging 1.650 percent, up from the prior week’s average of 1.640 percent.

48 month CD rates are averaging 2.094  percent, down from last week’s average rate of 2.124 percent.

60 month certificate of deposit interest rates are averaging 2.399 percent, unchanged from the prior week.

Search for the best CD rates in your zip code here: Best Bank CD Rates.

CD rates were down again this week over last week, reversing the one week trend we had of rates increasing.

The only certificate of deposit term that bucked the downtrend was 6 month CD rates. 6 month rates are at .805 percent, up from the prior week’s average CD rate of 0.538 percent.

Looking for CD Rates? Use our rate tables to find the highest CD rates in your zip code. Highest CD Rates

CD Rates

• 3 month CD rates at banks are averaging 0.433 percent this week, down from last week’s average rate of 0.645 percent. BankDirect is offering one of the best CD rates for a 3 month CD with their current rate and yield is 1.11 percent.
• 6 month CD interest rates are at 0.805 percent, up from the prior week’s average rate of 0.538 percent. First Century Bank still tops our list of 6 month rates - their current 6 month CD rate is 1.74 percent and the CD yield is 1.75 percent.
• 12 month CD rates are averaging 1.054 percent, down from the previous week’s average rate of 1.076 percent. UFB Direct tops our list of 12 month CDs with their current rate of 1.70 percent and the yield of 1.71 percent.
• 18 month CD rates are averaging 1.249 percent, down from last week’s average rate of 1.281 percent. Georgia Bank & Trust is offering an 18 month CD yield at 1.92 percent.
• 24 month rates are averaging 1.514 percent this week, down from the previous week’s average of 1.538 percent. Discover Bank has one of the highest CD rates for a 2 year CD - their current rate is 2.13 percent with an APY of 2.15 percent.
• 36 month CD interest rates are at 1.646 percent, down from the prior week’s average of 1.958 percent. PenFed still has the best CD rate for a 36 month CD - their current rate is 2.96 percent and the CD yield is 3.00 percent.
• 48 month CD rates are averaging 2.143  percent, down from last week’s average rate of 2.154 percent. PenFed has the top CD rate for a 48 month CD, their current rate is 3.20 percent with an APY of 3.25 percent.
• 60 month certificates of deposit are averaging 2.410 percent, down from the prior week’s average rate of 2.419 percent. PenFed is offering a 60 month CD with a rate of 3.44 percent with an APY of 3.50 percent.

Search for the best CD rates in your zip code here: Search for the best CD rates.

12 month bank CD rates are 1.008 percent today, but you can find 12 month CD rates better than the national average CD rate. Right now, UFB Direct is paying the highest CD yield for a 12 month certificate of deposit, their current APY is 1.81 percent.

Looking for the highest CD rates? Search our CD rate tables for CD rates. Highest CD Rates.

Tennessee Commerce Bank and Discover Bank are also paying some of the best CD rates for a 12 month certificate of deposit rate. Both banks currently have a 12 month certificate of deposit yield of 1.70 percent.

Here is a list the best 12 month certificate of deposit rates in Tampa, Florida (FL):

CD Rates above the National Average Rate

UFB Direct  1.81% APY Min $8000
Tennessee Commerce Bank  1.70% APY Min $2500
Discover Bank  1.70% APY Min $2500
Giantbank.com  1.66% APY Min $2500
Ally Bank  1.65% APY Min $ 1
EverBank 1.62% APY Min $1500 1.62%
ING DIRECT  1.60% APY Min $ 1
AIG Bank  1.60% APY Min $2500
Nationwide Bank  1.60% APY Min $10,000
American Express Bank FSB  1.50% APY Min $ 1
Bank of Internet USA  1.40% APY Min $1000
Third Federal  1.40% APY Min $500
Allstate Bank  1.30% APY Min $1000
BancorpSouth  1.30% APY Min $1000  11 Month
PenFed 1.25% APY Min $1000 1.25%
First Internet Bank of IN  1.25% APY Min $1000
Colonial Bank  1.25% APY Min $500
Coastline FCU  1.25% APY Min $1000
HSBC Direct  1.25% APY Min $1000
BankDirect  1.11% APY Min $10,000
Ameriprise Bank FSB  1.05% APY Min $2500

CD Rates below the National Average Rate

E-LOAN.com  1.00% APY Min $10,000
Citibank  0.95% APY Min $10,000
AmTrust Bank/Ohio Savings  0.85% APY Min $10,000
Regions Bank  0.70% APY Min $1000
Bank of America  0.65% APY Min $10,000
SunTrust Bank  0.60% APY Min $10,000
Wachovia Bank  0.40% APY Min $10,000
Zions Bank  0.30% APY Min $1000
Chase  0.20% APY Min $10,000
Chase  0.20% APY Min $10,000
E*TRADE Bank  0.10% APY Min $1000

Looking for the bank CD rates? Find the highest CD rates here: Highest  CD Rates.