Best IRA CD Rates

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  • Discover Bank is updating its rate chart again for this month. The last update was early this month. Discover Bank IRA CD Rates as of August 30, 2011 is seen in the below table. Please take notice that Discover Bank’s 10 year IRA CD remains the same at its previous rate of 3.00%APY. This rate has been consistent since the beginning of 2011.

    Discover Bank has a superior rating or a five (5) star rating from bankrate.com’s Safe and Sound Rating System.

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  • Discover Bank’s IRA CD rate chart for the month of August 2011 showed a consistent 3.00%APY for a 10 year term IRA CD. During the months of March 2011 and April 2011, Discover Bank’s 3 month IRA CD was 0.55%APY, but now it is down to 0.50%APY. A decrease of 0.05%APY from its March 2011 and April 2011 rate of 0.55%APY. Although 0.05%APY is not a lot, still it will make a huge dent if you are catching up the years for your retirement.

    For the month of May 2011 and July 2011, Discover Bank IRA CD rates showed the same rates as that of August 2011.

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