That’s right, H&R Block the tax preparation service company has a bank and they are offering one of the best 12 month CD rates.
H&R Block Bank is currently offering a 12 month promotional CD rate of 3.20% with an annual percentage yield (APY) of 3.25%.
The minimum opening deposit is $250.00. Bank deposits are insured by the FDIC up to $250,000. The penalty for an early withdrawal is 30 days of interest. The account can be opened online or by mailing in for faxing a paper application. To open a business certificate of deposit you can call H&R Block Bank at 1-866-934-9522 for more information.
H&R Block Bank Online CD Account Application
H&R Block Bank CD Account Paper Application
Author: Lisa Graham
February 7th, 2009