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New Higher CD Rates from Capital One 360 Bank

Capital One 360 Bank just announced new rates on three of the bank's certificates of deposit. The largest increase was on the 1 year CD rate at Capital One 360 Bank. The 1 year rate was increased from 0.40 percent to 1.29 percent with a yield of 1.30 percent.

Capital One 360 Bank is now tied with two other banks, E-Loan and EverBank, for the best 1 year CD rate in our rate database. There is no minimum opening deposit for a 1 year CD at Capital One, whereas EverBank's minimum is $1,500 and E-Loan's minimum is $10,000. You can view all current 1 year CD rates at banks by searching our database at MonitorBankRates.com.

18 month CD rates were increased to 1.29 percent with a yield of 1.30 percent. The previous 18 month rate at Capital One was 1.19 percent with a yield of 1.20 percent. 5 year jumbo CD rates were increased to 2.23 percent with a yield of 2.25 percent. The old 5 year jumbo rate was 2.18 percent with a yield of 2.20 percent.

Author: Brian McKay
January 19th, 2016