Best CD Rates December 2009
Everyone is looking for the best CD rates December 2009 for one reason or another. Some may have been contemplating on investing their money in CDs and are just now capable of doing so. Some may actually be thinking of giving a CD as a holiday present. Whatever the reason there may be, CDs are a safe way of investing with guaranteed earnings.
Although the national average rates may have dipped, there would still be banks that will have reasonable rates for this month. As of 12/04/2009, UFB Direct leads the list with its 12 month CD which has an interest rate of 1.98% with an APY of 2.00%. It requires a minimum deposit of $8000 or more to earn interest and their rates are only available through their website. Currently, Ally Bank’s 12 month CD has an interest rate of 1.87% with an APY of 1.89%. As of 12/01/2009, Discover Bank’s 12 month CD has an interest rate of 1.84% with an APY of 1.85%. It requires a minimum deposit of $2500 to earn interest. It also has a “No Penalty CD” benefit for CDs opened or renewed between 07/01/2009 and 12/31/2009. This waives the early CD withdrawal penalty fee in the event an account holder experiences involuntary job loss. As of 12/03/2009, AIG Banks 12 month CD has an interest rate of 1.83% with an APY of 1.85%. It also requires $2500 minimum opening deposit. As of 12/04/2009, GiantBank.com’s 12 month CD has an interest rate of 1.79% with an APY of 1.81%. It, too, requires a $2500 minimum opening deposit. All these CD rates are subject to change without prior notice, so make sure you check in with your local branch before investing.
Currently, those banks have the best CD rates December 2009.
Related posts:
- Discover Bank CD Rates December 2009
- Best CD Rates June 2009
- Ally Bank CD Rates October 2009
- Best CD Rates Albany New York
- Best 6 Month CD Rates 2009
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