Best CD Rates for December 2019

Find the best CD bank rates by reading our reports and searching our CD rate tables. You can compare average CD rates to the highest rates available.

Rising Bank CD RatesRising Bank CD rates are all above 2.00 percent right now, which is unusual to see these days. 1-year and 2-year CD rates at Rising Bank are at 2.03 percent with an APY of 2.05 percent. 2-year jumbo and regular 3-year CD rates from Rising Bank are at 2.08 percent with an APY of 2.10 percent. The minimum opening deposit for a regular certificate of deposit is $1,000 and a jumbo certificate of deposit minimum is $100,000.

18 month Rising CD rates are at 2.03 percent with an APY of 2.05 percent. 3-year Rising CD rates are at 2.08 percent with an APY of 2.10 percent. The minimum opening deposit for a Rising certificate of deposit is $25,000. Rising CD accounts allow you have the CD rate increased once during the CD term if rates move higher. Compare online CD rates with Rising Bank CD rates.

 
Author: Brian McKay
December 8th, 2019

Hanmi Bank CD RatesHanmi Bank CD rates on the bank’s Diamond Freedom certificates of deposit are competitive and have an interesting feature. Current Diamond Freedom CD rates at Hanmi Bank for CD accounts with terms of 12 and 24 months are at 0.85 percent for balances of $100,000 or less. CD rates at Hanmi Bank for account balances from $100,000 to $250,000 are slightly higher at 0.90 percent. The interesting feature about the Diamond Freedom CD account is you can make up to six withdrawals totaling 50% of the balance without incurring a penalty. To find the best CD rates available today, compare other bank’s CD rates to Hanmi Bank CD rates.

 
Author: Brian McKay
December 3rd, 2019

BMO Harris Bank CD RatesBMO Harris Bank CD rates on the bank’s special certificates of deposit are some of the best CD rates available right now. Current 9 month CD rates at BMO Harris Bank are at 2.08 perent with an APY of 2.10 percent. 12 month CD ratse from BMO Harris Bank are slightly higher at 2.18 percent with an APY of 2.20 percent. BMO Harris Bank is also offering a 11 month CD with a lower rate of 1.98 percent with an APY of 2.00 percent. All CD accounts have a minimum opening balance of $5,000.

 
Author: Brian McKay
November 1st, 2019

BB&T CD RatesBB&T CD rates on the bank’s special certificates of deposit are very competitive right now. The best CD rates are on BB&T’s shorter term CDs. Special 7 month CD rates at BB&T are currently at 1.73 percent with an APY of 1.75 percent. There is no minimum opening deposit to earn this high rate and yield. 13 month special CD rates from BB&T are currently at 1.49 percent with an APY of 1.50 percent. 23 month CD rates are currently at 1.24 percent with an APY of 1.25 percent.

 
Author: Brian McKay
October 13th, 2019

Vio Bank CD Rates - LoweredVio Bank CD rates were recently lowered but are still competitive for online rates and still well above traditional brick and mortar bank CD rates. 1 year CD rates at Vio Bank were lowered to 1.69 percent with an APY of 1.70 percent, down from 1.74 percent with an APY of 1.75 percent. 2 year CD rates from Vio were decreased to 1.79 percent with an APY of 1.80 percent, down from 1.83 percent with an APY of 1.85 percent. CD rates were lowered 5 basis points for all other CD terms at Vio Bank. Below are the current CD rates Vio Bank is offering:

  • 1 year 1.70%
  • 2 year 1.80%
  • 3 year 1.85%
  • 4 year 1.90%
  • 5 year 1.95%

To get the best deal on a certificate of deposit, compare other online CD rates compare with Vio Bank CD rates.

 

 
Author: Brian McKay
September 4th, 2019

Comenity Direct CD RatesComenity Direct CD rates are really competitive right now, especially on the bank’s 12 month certificates of deposit. Right now, 12 month CD rates at Comenity Direct are at 2.76 percent with an APY of 2.80 percent. Their 12 month CD rates are almost 5 times the FDIC’s Weekly National Rate of 0.58 percent.

You probably haven’t heard of Comenity Direct but chances are you already have a banking relationship with them. Comenity has been in business since 1986 and is the banking partner for many of the most recognized retail credit cards in the world. 50 million people carry Comenity’s private label, co-brand, and business credit cards in their wallets, retailers such as Ann Taylor, Eddie Bauer, and Williams Sonoma, to name a few.

CD rates from Comenity Direct

  • 12 Month 2.80%
  • 24 Month 2.85%
  • 36 Month 2.90%
  • 48 Month 2.95%
  • 60 Month 3.05%

To get the best deal on a certificate of deposit account compare other banks’ CD rates with Comenity Direct CD rates.

 
Author: Brian McKay
July 11th, 2019

Discover Bank CD Rates ReviewDiscover Bank CD rates are very competitive right now with other online banks and the bank’s rates are well above brick and mortar bank CD rates. Current 12 month CD rates at Discover Bank are offered at 2.47 percent with an APY of 2.50 percent. The highest yielding CD rates at Discover Bank are on their 10-year certificates of deposit at 3.00 percent with an APY of 3.05 percent. The shortest CD term offered at Discover Bank is the bank’s 3 month CD which currently has a rate of 0.35 percent.

Discover Bank CD Rates
  • 3 Month 0.35%
  • 6 Month 0.65%
  • 9 Month 0.70%
  • 1 Year 2.50%
  • 18 Month 2.55%
  • 2 Year 2.60%
  • 30 Month 2.60%
  • 3 Year 2.65%
  • 4 Year 2.75%
  • 5 Year 2.85%
  • 7 Year 3.00%
  • 10 Year 3.05%

To get the best deal on a certificate of deposit, see how other online bank CD rates compare with Discover Bank’s CD rates.

 

 
Author: Brian McKay
June 26th, 2019

American Express National Bank CD RatesAmerican Express National Bank CD rates were lowered on both regular and jumbo certificates of deposit. Despite the fact CD rates at American Express National Bank were lowered, the bank’s rates are still very competitive. For example, 2 year CD rates from American Express were lowered 15 basis points to 2.65 percent. The current FDIC national average 2 year CD rate is much lower at 0.87 percent.

2 year jumbo CD rates at American Express were also lowered from 2.80 percent to 2.65 percent. 2 year rates had the largest decrease of 15 basis points and all other CD rate decreases were 10 basis points. Both regular and jumbo CD rates at American Express were lowered by the same amount for the terms listed below.

American Express National Bank CD Rate Changes

  • 18 month rate 2.60%, lowered from 2.70%
  • 2 year rate 2.65%, lowered from 2.80%
  • 3 year rate 2.80%, lowered from 2.90%
  • 4 year rate 2.90%, lowered from 3.00%
  • 5 year rate 3.00%, lowered from 3.10%

See how American Express National Bank CD rates compare with other bank CD rates to get the best deal today.

 
Author: Brian McKay
May 30th, 2019

United Bank CD RatesUnited Bank CD rates are very competitive right now on the bank’s Special and Flex Up certificates of deposit. United Bank is offering both short term and intermediate term special CDs and the best CD rates are on the bank’s short term CDs. 3 month Special CD rates at United Bank are at 1.64 percent with an APY of 1.65 percent. 7 Flex Up CD rates from United Bank are currently at 2.42 percent with an APY of 2.45 percent. The 7 month Flex Up CD rate is higher than most 1 year CD rates available from any bank these days.

13 month Flex Up CD rates are at 2.66 percent with an APY of 2.70 percent. 30 month Special CD rates are at 2.83 percent with an APY of 2.87 percent. The minimum opening deposit for all CDs at United Bank is only $500. Below is a complete list of current CD rates from United Bank.

Current CD Rates from United Bank

Regular CD Rates

  • 6 Month CD 0.40%
  • 9 Month CD 0.50%
  • 12 Month CD 0.55%
  • 18 Month CD 0.55%
  • 24 Month CD 0.80%
  • 24 Month Option CD 0.65%
  • 36 Month CD 1.01%
  • 48 Month CD 1.11%
  • 60 Month CD 1.31%

Special and Flex Up CD Rates

  • 3 Month CD 1.65%
  • 7 Month CD Special 1.55%
  • 7 Month Flex Up CD 2.45%
  • 12 Month CD Special (Online Only) 1.20%
  • 13 Month Flex Up CD 2.70%
  • 19 Month Flex Up CD 2.50%
  • 20 Month Flex CD Special (In-Branch Only) 1.55%
  • 30 Month CD 2.87%

See how other bank’s CD rates compare with United Bank’s CD rates to get the best deal today.

 
Author: Brian McKay
March 17th, 2019

Banesco USA CD RatesBanesco USA CD rates are some of the best CD rates available today from any online bank. Current 12 month CD rates at Banesco USA are at 2.85 percent with a minimum deposit of $1,500. 6 month CD rates from Banesco USA are also very high right now. The current 6 month CD rate from Banesco USA is at 2.40 percent a minimum opening deposit of $1,500.

These high CD rates from Banesco USA are on the bank’s BaneSmart CD accounts. 18 month BaneSmart CD rates from Banesco USA are at 2.90 percent. 2 year and 3 year BaneSmart CD rates are at 2.90 percent.

Banesco has four locations in Florida and one in Puerto Rico. The physical addresses are listed below.

Banesco USA Locations

Coral Gables
150 Alhambra Circle
Suite 100
Coral Gables, FL 33134

Doral
9500 NW 41st Street
Suite 100
Doral, FL 33178

Weston
316 Indian Trace
Weston, FL 33326

Hialeah
795 W 49th Street
Hialeah, FL 33012

Puerto Rico
255 Ponce de León Ave
Office 124
Hato Rey, PR 00917

You can also contact Banesco USA at 1-888-228-1597 or (786) 552-0524 to open a CD account.

To get the best deal on a CD see how other CD rates at banks online compare with Banesco USA CD Rates.

 
Author: Brian McKay
March 3rd, 2019

Merrick Bank CD Rates and ReviewMerrick Bank CD rates, which were already one of the highest CD rates available, were increased overnight. 1 year CD rates at Merrick Bank are now at 2.80 percent with an APY of 2.84 percent. The old 1 year CD rate from Merrick Bank was 2.77 percent with an APY of 2.80 percent. This increase puts Merrick Bank 1 year CD rates in forth place on our rate list. The minimum opening deposit for a CD account at Merrick Bank is $10,000.

Merrick Bank CD Account Benefits

  • Very competitive CD rates
  • FDIC insured up to the maximum allowed by law
  • Anywhere account access 24/7
  • No Hidden fees

Merrick Bank currently credits interest to your CD account on a monthly basis on the same date each month as the date on which the account was opened. You can also arrange to have CD interest paid to you monthly, via ACH transfer, by contacting Merrick Bank at 1-866-638-6851.

Info Needed to Open a CD at Merrick Bank

  • Social Security Number
  • Date of birth (Account Owners must be at least 18 years old)
  • Email address
  • Valid U.S. street address (no P.O. Box)
  • To fund your Merrick Bank CD Account, you will also need your funding bank account and routing number.
  • Be enrolled in NetTeller

Merrick Bank CD Account Fine Print

  • The maximum account balance is limited to a balance of $250,000. Any interest accrued and paid to the account is exempt from this maximum balance limit
  • The CD account is considered open when we receive funds via ACH transfer
  • The initial funding of the CD account must be made via Automated Clearing House (ACH) transfer, and must be made in U.S. Dollars from an account owned by the Account owner(s)
  • Do not accept cash, checks, money orders, wire transfers or international wire transfers for deposit
  • In order to ensure that Merrick Bank has properly verified your identity, the bank will place a temporary hold on the Account until they have completed our verification procedures
  • After your initial deposit, you may not make additional deposits into or withdrawals from the Account until the Maturity Date
  • The Account will automatically renew at Maturity. You will have ten calendar days after the Maturity Date to withdraw funds without penalty

Merrick CD Early Withdrawal Penalty

  • Account terms 364 days or less, the early withdrawal penalty is equal to 1% of the Account balance, or 7 days’ interest, whichever is greater.
  • Account terms between 365 and 729 days, the early withdrawal penalty is equal to 2% of the Account balance, or 7 days’ interest, whichever is greater.
  • Account terms of 730 days or more, the early withdrawal penalty is equal to 3% of the Account balance, or 7 days’ interest, whichever is greater.

Compare other CD rates at banks to Merrick Bank CD rates to get the best deal today.

 
Author: Brian McKay
January 29th, 2019

Salem Five Ups CD RatesSalem Five CD rates were increased overnight and as a result are a lot more competitive. The largest increase was on 4 year CD rates from Salem Five which were increased from 1.75 percent to 3.00 percent.

30 month CD rates had the second largest rate increase from 1.30 percent to 2.50 percent. 2 year CD rates at Salem Five had the third biggest rate increase of 1.10 percent to 2.50 percent.

3 year CD rates and 5 year CD rates at Salem Five were increased from 2.00 percent to 3.00 percent. Salem Five IRA CD rates were also increased to the same amounts for all the CD terms listed above. See how other bank’s CD rates compare with Salem Five CD Rates.

Salem Five Direct, is the online banking division of Salem Five Bank. Online bank CD rates are always higher than traditional brick and mortar bank rates. That case is the same with Salem Five Direct’s CD rates.

To open an account with Salem Five Direct you will need to provide the following information:

  • Social Security Number
  • Driver’s License Number
  • Home Address
  • Email Address
  • Joint Owner Information (if opening with a joint account holder)

After opening the account you will have to fund the account which is done by electronic transfer. To do an electronic transfer you will need to provide the following information:

  • Name of Bank or Financial Institution
  • Routing Transit Number
  • Account Number

The minimum opening account balance rather high at $10,000.

Deposits are insured by the FDIC by for each ownership category, up to $250,000. Deposits at Salem Five in excess of the standard insurance amounts provided by the FDIC are covered by the Depositors Insurance Fund (DIF).

The DIF is a private, industry-sponsored insurance fund that insures all deposits above FDIC limits at Massachusetts-chartered savings banks. The DIF was established by the Massachusetts legislature in 1932 and has been insuring deposits since 1934.

The good news is no depositor has ever lost a penny in a bank insured by both the FDIC and the DIF.

 
Author: Brian McKay
January 10th, 2019