Finance-ManagementsGood Investments in Certificates of Deposit from Discover Bank
Discover Bank the online banking division of Discover Credit Card company has what is probably the highest CD rates monitorbankrates.com/cdrates available right now, you can compare CD rates cdrates.me on the Internet. Discover Bank certificate of deposit rates are available in terms of 3 months to 10 years. Thought I this point I wouldn’t invest in a 10 year certificate of deposit it’s stick to savings accounts since savings account rates savingsaccount.monitorbankrates.com will go higher before 10 year CD rates.
The current 12 month CD rate at Discover Bank is 1.19 percent with an annual percentage yield of 1.20%, that is one of the highest CD rates available. That rate also might be one of the top rates considering most 12 month CD rates at banks are averaging around .50 percent these days.