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H&R Block Switches Special CD Rates

Posted in CD Rates by DealMaven
October 16, 2009 08:00 AM - 7 Comments

H&R Block Bank has replaced its top-paying 6-month CD special with a 90-day promotional rate.

The online bank is now offering 1.50% APY on 90-day CDs.The online bank owned by the well-known tax preparer had led our rankings of the best 6-month CD rates for more than a month by offering 2.00% APY with a $10,000 minimum deposit.

But that’s over now and H&R Block Bank has a new special — 1.50% APY on a 90-day CD with a minimum deposit of $5,000 that runs through Nov. 9.

We only know of one nationally-available offer that’s better — 1.65% APY on a 3-month certificate of deposit from TotalBank.

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

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Comments (7)
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  1. michael said:
    on October 16th at 09:14 am

    Why put it in a cd playing 1.65 when you can put it in a money market account at DiscoverBank (min $500 apr 1.84%)…. and it’s not tied up if you have to have it….if you put more in you can get a bit more…

  2. Tinda said:
    on October 16th at 09:46 am

    Massena Saving & Loan Bank is affering 3 onths at 2.4%, 6 months at 2.46%, 12 months at 2.56% and 18 months at 2.82%. Also MM saving account up to 2.3%. Minimun deposit required $1000-$2,500.

    http://www.massenasavingsloan.com/depositrates.php

  3. Tinda said:
    on October 16th at 10:06 am

    Also rates at Wings Financial are very attrective. 3 months at 1.97%, 6 months at 2.38%, 12 months at 2.78%

    http://www.wingsfinancial.com/asp/rates.asp

  4. Monica Knott said:
    on October 16th at 12:17 pm

    In order to qualify for the nice rates you have mentioned above, you or one of your family needs to be in transportation business

  5. Monica Knott said:
    on October 19th at 12:26 pm

    Does anyone know for how much longer the latest promotion Sally 10 with Metlife Bank will be going on? ($25,000) One year CD 2.25%

    In order to call them to find out they keep you on holding for at least twenty minutes, or you can’t get to them at all.

  6. Monica Knott said:
    on October 22nd at 11:37 am

    Tinda,

    Didn’t you read about the important SECURITY NOTICE about Masssena Saving &Loan Bank ?
    No way.

  7. Scott said:
    on October 26th at 12:09 pm

    Michael,
    Money Market accounts can change their interest rate at any time. So one month you may be getting 1.84% and then it may drop to .25%. Many banks lure customers in with higher rates only to drop them a couple months into the agreement.

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