Best IRA CD Rates

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  • Here are some information we have gathered for the 60 month or 5 year IRA CD for June 2011. If you are up to it then check the IRA CD rates below. If you notice Columbia Bank offers the best IRA CD rate for this month at 2.70%APY and only $500 is required to open the account. Note that the IRA CD rates below are for informational purposes only and it is suggested that you should consult the bank directly for more information or rate changes.

    • Discover Bank

    60 month or 5 year IRA – 2.35%APY based on 5/31/11 rate sheet or check Discover Bank’s May 2011 60 month IRA.

    • Hills Bank & Trust Company

    60 month or 5 year IRA – 2.50%APY based on 6/3/11 rate sheet

    • Nationwide Bank

    60 month or 5 year IRA – 2.35%APY for balances above $100,000 based on 6/6/11 rate sheet or you can check the bank’s May 2011 60 month or 5 year IRA CD here.

    • KNBT, a division of National Penn Bank

    60 month IRA Special – 2.25%APY – $500 minimum balance effective 6/6/11 – 6/12/11

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  • Discover Bank’s updated rate sheet for May 2011 brought down the 3 month term IRA CD to only 0.50%APY from its previous 0.55%APY in April 2011. This is a drop of 0.05%APY. Not much compared to the national average rate of 0.20%APY for a 3 month term IRA CD.

    Rate Chart As of 05/3/11
    Term Interest Rate APY**
    3 Months 0.50% 0.50%
    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%

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  • 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%

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