The National City certificates of deposits all require a minimum deposit of $2,500.  A $2,500 minimum CD deposit is not too bad.  But, they need really good CD rates at this minimum deposit amount.

National City CDs come in terms of 6 months, 9 months, 12 months, 24 months, 36 months, 48 months and 60 months.  The National City 6 month CD has an interest rate of 2.25% APY.  We don’t really like this National City 6 month CD.  You would be better off opening an ING Direct savings account or an HSBC savings account.

Despite not being enthusiastic about the 6 month CD, the National City 60 month CD carries a high CD interest rate of 4.50% APY.  For a minimum deposit of $2,500, these 4.50% National City CD rates offers a nice premium over savings account interest rates.

Related posts:

1. Hudson City CD Rates
2. Hudson City Bank CD Rates January Review 2012
3. Citibank 6 Month CD Rates