Featured 24-month CD from Bank of Internet – 1.50% APY

· Jul 4th, 2011 · 1 Comment
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Bank of Internet offers a 1.50% 24-month CD

This featured 24-month CD from Bank of Internet sports a leading 1.50% APY, well above the 1.31% average of 24-month CDs hosted on BLR.

There is a minimum of $1,000 to open this CD, compounding is daily, and there is a penalty for early withdrawal.

Their 24-month CD is FDIC insured to a limit of $250,000.

This San Diego, CA-based bank provides a variety of CDs, savings accounts and checking accounts and can be reached at 1-858-755-6381.

View all the best 24-month CDs here.

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  • Jenny S.

    Though the rate has not gone up by much, this is great news.  This would only mean that the banks are beginning to open themselves to do a wider scope of business.  The crisis two years ago has left many people and financial institutions skittish about everything and anything.