bank rates

Ho! Ho! Ho! Jolly CD Rates From U.S. Bank

U.S. Bank didn’t drop these special CD rates down the chimney this morning. It’s been offering deals very similar to these since last summer.

Earn 2.50% APY on a 59-month certificate of deposit.But while other banks spent the fall cutting their returns, U.S. Bank did not. As a result, its online specials have become more and more attractive.

When you scour the rate sheets from most big banks you’re lucky to find one or two CDs that pay even an average return.

U.S. Bank’s online specials now pay far better than average and one is even approaching the best nationally available CD rates.

They’ve become the most competitive returns we’ve seen from a big bank this year, and U.S. Bank is offering these interest rates to savers in all 50 states:

1.15% APY on 19-month CDs, which beats the average return of 0.73% on 24-month CDs.

1.70% APY on 37-month CDs, which beats the average return of 1.03% APY for 36-month CDs.

2.50% APY on 59-month CDs, which beats the average return of 1.52% for 60-month CDs.

If that rate was available on a 60-month CD it would tie for fifth in our rankings of the best nationally available returns.

Just remember to stick with U.S. Bank’s online specials.

If you walk into one its 3,000 branches across 24 states in the west and Midwest you’ll be quoted shocking rates, like a 6-month CD for 0.05% APY or a 12-month that pays 0.15% APY.

You don’t want that.

If you have a U.S. Bank CD that’s maturing this winter, you must ask to have it reinvested in one of the online specials or it will roll-over into a traditional term that pays far less.

Click here to compare U.S. Bank’s returns the best CD rates from scores of other banks.

And Merry Christmas from all of us here at Bankaholic!

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Comments (6)
1 Star2 Stars3 Stars4 Stars5 Stars (6 votes, average: 4.67 out of 5)
6 Existing Comments
  1. Mr.Irfan Malik said:
    on December 30th at 02:52 am

    nice site positive thinking for future investments

  2. Mr.Irfan Malik said:
    on December 30th at 02:53 am

    nice website im glad i signed up

  3. CrankySaver said:
    on January 5th at 02:01 pm

    As of Jan. 5, 2011, these rates are still being offered at U.S. Bank.

  4. Kathy O'Gorman said:
    on January 30th at 12:14 pm

    And the rates are still good as of Jan. 30.

  5. Kathy at Bankaholic said:
    on February 28th at 10:17 am

    You can still get these rates as of Feb. 28, 2011.

  6. Kathy at Bankaholic said:
    on April 3rd at 04:29 pm

    As of April 3, 2011, these rates are still available, and the 37-month rate has gone up slightly to 1.75% APY.