AIG Bank CD Interest Rates
AIG Bank which is the banking arm of AIG Insurance, which is still mostly government owned, is offering CD interest rates that are higher than the FDIC's national average rates. AIG Bank's CD rates are also higher than Bankrate's national average CD rates.
Current 12 month CD rates at AIG Bank are at 0.90 percent with an APY of 0.90 percent. While this isn't one of the best CD rates for a 12 month CD the rate beats the FDIC's average rate of 0.28 percent and Bankrate's average of 0.78 percent. One of the highest CD rates on 12 month certificates of deposit is at CIT Bank at 1.09 percent with an APY of 1.10 percent.
Just over a couple years ago when we reported on AIG CD rates 12 month rates were at 1.48 percent with an APY of 1.49 percent. At the time that rate was one of the best 12 month rates available.
6 month CD rates at AIG Bank are currently offered at 0.50 percent with an APY of 0.50 percent. Beating the FDIC's average of 0.18 and Bankrate's average of 0.48 percent.
Discover Bank and Ally Bank are both offering 6 month rates higher. Discover Bank CD rates are at 0.75 percent while Ally Bank CD rates are at 0.74 percent for 6 month certificates of deposit.
Opening an AIG Signature Certificate of Deposit can be done in several ways. Online which is the quickest or by mail. If you choose the latter there is a 14 day CD rate guarantee.
You can check on current CD rates at AIG Bank by visiting the bank at aigbank.com. For a list of the highest CD rates from many different banks search our CD rate list.