U.S. Bank CD Rates

Check out the U.S .Bank CD rates if you are ready to make that low-risk diversification in your investment portfolio and retirement assets. You can decide on the amount of money to put in your CD and the length of the term. You generally receive a higher interest rate on CDs with longer terms and higher balances.

U.S. Bank CDs and Retirement CDs offer flexible terms from 1 month to 5 years and are covered by FDIC insurance. The minimum opening deposit is $1,000. Effective 11/17/2009, U.S. Bank offers a special rate on some of their CDs. All interest payments for these special rates will be made at the end of the term or annually, whichever occurs first. The 21 months CD has an interest rate of 1.14% with an APY of 1.15%. The 42 months CD has an interest rate of 2.23% with an APY of 2.25%. The 59 months CD has an interest rate of 2.96% with an APY of 3.00%.

U.S. Bank has also added two additional types of CDs. The Step Up CD guarantees increasing interest rate for a step in the right direction. The term length is 28 months and the interest rate automatically increases at 7 months, 14 months, and 21 months. With the Trade Up CD you can invest in a long-term CD and still have the option to change to a higher rate. This 60-month term CD provides a chance to trade up to a better rate once during the original term. You can choose if and when to trade up your rate. The maturity date does not change and the funds will still be available penalty-free on the original maturity date.

CD rates, terms, and balance requirements may differ from your local branch and are only valid when you apply online. Online application is not valid for single maturity CDs, business or retirement CDs, brokerage deposits, institutional investors, public funds, or in combination with other promotional offers.

Whether you are building assets for your retirement or looking for a low-risk way to diversify your investment portfolio, U.S. Bank CD rates may be your solution to find the right savings.

Related posts:

  1. First Trade Union Bank CD Rates
  2. New Dominion CD Rates
  3. Bank of the West CD Rates
  4. Fifth Third CD Rates
  5. Wells Fargo Certificate of Deposit (CD) Rates
Posted : November 17th, 2009 by Douglas



Comments (0)

Leave a Reply

CyberCoder Tag Theme by CyberCoder
WordPress Powers Best CD Rates

wordpress visitor counter