Discover Bank IRA CD rates April 2011

Discover Bank updated its IRA CD rate sheet for April 2011. According to the bank’s rate sheet, effective April 12, 2011, the IRA CD rates will be as follows:

Term Interest Rate APY
3 Months 0.55% 0.55%
6 Months 0.90% 0.90%
9 Months 1.00% 1.00%
12 Months 1.19% 1.20%
18 Months 1.29% 1.30%
24 Months 1.39% 1.40%
30 Months 1.49% 1.50%
3 Years 1.73% 1.75%
4 Years 1.98% 2.00%
5 Years 2.32% 2.35%
7 Years 2.57% 2.60%
10 Years 2.96% 3.00%

Based on the above rate sheet, the highest IRA CD rate is still 3.00%APY for a 10 year term IRA CD account. This rate has been the going rate for the previous two months. See below historical rate sheets to compare IRA CD rates for April 2011.

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