RateAPY

Discover Bank’s Five-Year Certificate of Deposit Offer at 3.10% APY

Posted by: RateAPY Bank Rates News
March 4th, 2010

A certificate of deposit (CD) can be the best savings vehicle for someone with a specific goal in mind. If you want to start grad school in September or take a ski vacation in January, you can choose a CD which matures right when you will need the money.

Discover Bank’s Five-Year CD currently earns 3.10% APY. Discover Bank’s CDs require a minimum balance of $2,500. As with all CDs, fees will be applied for an early withdrawal.

Discover Bank’s Certificate of Deposit Rates

3 Months CD/0.65%/0.65%

6 Months CD/0.90%/0.90%

9 Months CD/1.00%/1.00%

12 Months CD/1.59%/1.60%

18 Months CD/1.78%/1.80%

24 Months CD 2.03%/2.05%

30 Months CD/2.18%/2.20%

3 Years CD/2.37%/2.40%

4 Years CD/2.52%/2.55%

5 Years CD/3.05%/3.10%

7 Years CD/3.34%/3.40%

10 Years CD/3.63%/3.70%

Comparing Certificate of Deposit interest rates and terms online can be the fastest way to make sure you earn the best possible interest rate for the term you need.