TD AmeriTrade the online brokerage company is offering one of the best CD rates for a 3-month certificate of deposit. The current interest rate is 1.24 percent with an annual percentage yield of 1.25 percent. This CD rate is well above the national average CD rate for a 3-month CD.
Today’s national average 3-month CD rate is 0.665 percent, almost half TD AmeriTrade’s 3-month CD rate. The minimum deposit for the 3-month certificate of deposit is $25,000. If you don’t have the minimum dollar amount of $25,000 another option is Ally Bank’s 3-month certificate of deposit, the minimum deposit is only $1.00. Their 3-month CD yield is also one of the highest CD rates around at 1.24 percent with an APY of 1.25 percent.
To take advantgage of this promitional CD rate and yield you have to deposit the minimum dollar amount by September 30, 2009 and purchase a certificate of deposit by October 2, 2009. The maximum amount you can deposit is $250,000. The CD rate is only good online and for new deposits. Certificate of deposits are FDIC insured up to $250,000.
Promotional CD offer
Author: CD Rates
September 1st, 2009
