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1 Year Jumbo CD Rates: Highest Jumbo Rates at 1.11% APY

It used to be when you had a $100,000 or more to deposit into a jumbo certificate of deposit you received a return that was higher than what a regular certificates of deposit earned. That hasn't been the case over the past few years as average jumbo CD rates are not much better than regular CD rates.

In this week's FDIC national rate survey the average CD rate on account balances of less than $100k is 0.26 percent while the average jumbo CD rate for account balances of $100k or more is 0.27 percent. A rather low return for your money for both types of accounts.

The FDIC's average rates are just averages but the best jumbo CD rates are also not much better than the best regular CD rates. In fact many banks are offering the exact same CD interest rate for both types of accounts infuriating depositors to were used to getting a better rate with jumbo CD accounts.

The highest CD rates on our 12 month jumbo CD rate list are from AloStar Bank of Commerce at 1.10 percent with an APY of 1.11 percent. AloStar is also offering 12 month rates at 1.10 percent with an APY of 1.11 percent for account balances as low as $1,000.

Bank of Internet is second on the top jumbo CD rates on our list with a rate of 1.09 percent with an APY of 1.10 percent. Bank of Internet is also offering the same rate and yield for account balances as little as $1,000.

Jumbo CD Rates Top 1 Year Bank CD Rates

  1. AloStar Bank of Commerce Jumbo CD Rates 1.10% APY 1.11%

  2. Bank of Internet Jumbo CD Rates 1.09% APY 1.10%

  3. Salle Mae Jumbo CD Rates 1.04% APY 1.05%

  4. Doral Bank Jumbo CD Rates 1.01% APY 1.01$%

  5. E-Loan Jumbo CD Rates 1.00% APY 1.00%

  6. ableBanking Jumbo CD Rates 1.00% APY 1.00%

  7. Discover Bank Jumbo CD Rates 1.00% APY 1.00%

  8. Jumbo CD Rates 1.00% APY 1.00%

  9. California First National Bank Jumbo CD Rates 1.00% APY 1.00%

  10. USAA Bank Jumbo CD Rates 0.91% APY 0.91%

The 10 banks listed above offering the highest jumbo CD rates for 12 month jumbo CD accounts on our rate list are also offering the same CD bank rates for regular CD accounts with balances of less than $100,000.
Author: Jason P. Jones
October 2nd, 2012