bank rates

Top 6-Month CD Still Paying 2.0%

H&R Block Bank leads our latest rankings of the best, 6-month CD rates.

The tax preparation company’s online bank is paying 2.0% APY on a 6-month CD with a $10,000 minimum deposit.

This special was scheduled to end Sept. 30, but has been extended for a few days and accounts can still be opened online.

It matches the best nationally-available rate that United Central Bank offered from July through early September, when it cut the yield in half.

Indeed, rates on the top-paying 6-month CDs have held their own even over the past few months, even though the average rate has fallen from 0.85% APY on July 1 to 0.62% APY.

The tax preparation company's online bank is paying 2.0% APY, the best nationally-available deal.

The other top 6-month CD rates in our October rankings are:

1.80% APY with an $500 minimum deposit from Country Bank, with 14 locations in the Ware, Mass. area. Country Bank CDs must be applied for by mail. Call the bank to get started.

1.76% APY with an $500 minimum deposit from Ascencia, the Louisville, Ky.-based online division of Porter Bancorp, Inc.

Click here to compare these rates with the best CD rates and terms from dozens of other banks in our extensive database.

This CD calculator will show you the dollars-and-cents return for any certificate of deposit, regardless of size, interest rate or term.

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Comments (4)
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4 Existing Comments
  1. Ron Hasbrouck said:
    on October 7th at 09:31 am

    As of Tuesday afternoon (10/6), this rate had been cut in half to 1% as
    shown on the H. & R. Block website.

  2. DealMaven said:
    on October 8th at 08:30 am

    H&R Block initially offered this CD as a special that was set to expire on Sept. 30.

    It was still available on Oct. 1, so we called and they said they were extending the offer for a few more days. As of right now it’s still being promoted on the bank’s home page.

    The 1% rate is the regular CD rate. The special never appeared on the page with the regular rates.

  3. Monica Knott said:
    on October 11th at 01:16 pm

    this 6 monhs CD is still available if you fill out the application right away. I had to send it in by mail with the money, as I was not able to change the $10,000 to more money on the application form on the Internet. This letter with the application will only go out on Tuesday.

  4. yona loriner said:
    on October 14th at 07:08 pm

    Is it still available? Anyone know?