Bank of Internet USA Certificate of Deposit (CD)
CD Yields (Annual Percentage Yield)
| Term | APY |
|---|---|
| 3 Month | 0.35% |
| 6 Month | 1.00% |
| 1 Year | 1.40% |
| 2 Year | 1.92% |
| 3 Year | 2.16% |
| 4 Year | 2.75% |
| 5 Year | 2.85% |
Rates as of 2-11-10
Account Features
| Minimum Deposit | $1,000 |
| Compounding | Daily |
Early Withdrawal Penalties
CD terms of 1 month to 5 months, will be charged 1.5 months of interest.
CD terms of 6 months to 11 months, will be charged 3 months loss of interest.
CD terms of 12 months to 23 months, will be charged 6 months loss of interest.
CD terms of 24 months to 35 months, will be charged 12 months loss of interest.
CD terms of 36 months to 47 months, will be charged 18 months loss of interest.
CD terms of 48 months to 60 months, will be charged 24 months loss of interest.
Renewal Policy and Grace Period
There is a 10 day grace period after maturity to withdraw funds. If action is not taken during the grace period, the cd will automatically renew.
Bank of Internet Reviews
Review from Jello
"I just tried to open an account with them for this rate. They opened two accounts for me, sending me two signature cards ..."
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Contact
www.bankofinternet.com
(877) 541-2634