Best IRA CD Rates
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If you make a thorough research of banks, you will notice that there are only few banks that are offering a high yield IRA. An example is Ally Bank, a direct bank.
Ally offers an IRA high yield certificate of deposit, an IRA 12-month CD, at 1.03%APY. With this, you can rollover with Traditional or Roth IRAs. You can compare this IRA rate with a compilation of the best IRA CD rates for October 2011.
The good thing about this offer is that the bank is not charging a fee for maintaining your IRA account. In other words, no monthly or annual fees for maintaining your IRA account.
The bank also has a Ten Day Best Rate Guarantee, which allows you to automatically get the best rate it offers when you renew your CD. In other words, when you renew your IRA CD, you will automatically get the best rate offer within 10 days beginning with the CD renewal date.
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Virginia Commerce Bank IRA rates are very competitive with terms that fits every depositors need. Opening an IRA account only requires $100.
The highest IRA rate being offered is for a 5 year term IRA at 3.75%APY. Other terms with its equivalent IRA rates are as follows:
- 4-5 years – 3.25%APY
- 3-4 years – 3.00%APY
- 2 years-30 months – 2.00%APY
- 18 months-2 years – 1.90%APY
- 1 year-18 months – 1.90%APY
- 6 months-1 year -1.50%APY
Virginia Commerce Bank is insured with FDIC.
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Internet bank, iGObanking.com, is offering IRA rates ideal for people comfortable banking online. You can secure your retirement by opening a Traditional or Roth IRA. There are two choices to open an IRA account with iGObanking.com. You can either open it online or by mail.
iGObanking IRA account requires a minimum deposit of $1,000. The following IRA rates are current as of June 20, 2009.



