Discover Bank IRA CD Rate as of February 5, 2013

Discover Bank IRA CD rate chart as of February 5, 2013 still features the IRA CD rate of 1.30%APY for a 3 year term. The rate is very competitive considering that the 3 year term IRA CD of other banks like Ally’s 3 year high yield CD is currently at 1.19%APY.

The complete IRA CD Rate Chart of Discover is seen below:

IRA CD Rate Chart
Term Interest Rate APY1
3 Months 0.40% 0.40%
6 Months 0.75% 0.75%
9 Months 0.80% 0.80%
12 Months 0.90% 0.90%
18 Months 1.00% 1.00%
24 Months 1.09% 1.10%
30 Months 1.19% 1.20%
3 Years 1.29% 1.30%
4 Years 1.49% 1.50%
5 Years 1.64% 1.65%
7 Years 1.88% 1.90%
10 Years 1.98% 2.00%

Please note that the above IRA CD rate may be changed by the bank without further notice. Also,please bear in mind that there are many banks out there that you can choose from. However, you must be mindful that it is your hard earned money and so you must trust it only with a reputable bank that is FDIC insured. An FDIC insurance guarantees that you can have your money back whenever a bank goes out of business.

Leave a Reply

Your email address will not be published. Required fields are marked *