bank rates

Top 6-Month CD Rates At 4-Month High

When Bank of Internet USA boosted CD rates earlier this month, it gave the 6-month term the highest rate we’ve seen on our CD Rates Leaderboard since March.

We like that.

The San Diego, Calif.-based online bank ( is paying 1.15% APY with a $1,000 minimum deposit.

Granted, short-term rates have a long way to go, but this a start.

And it’s way better than the average annual yield large banks and thrifts are offering, which remains a record low of 0.26%.

AloStar Bank of Commerce ( doesn’t lag far behind Bank of Internet USA. The online bank based in Birmingham, Ala., is paying 1.12% APY with a $1,000 minimum deposit.

Other banks we’re keeping an eye on in this term:

Aurora Bank (, which has branches in Wilmington, Del., and Jersey City, N.J., is offering 1.04% APY and requires a $1,000 minimum deposit.

Ascencia (, the online division of PBI Bank in Louisville, Ky., is offering 1.02% APY and requires a $500 minimum deposit.

VirtualBank (, which is the online division of Lydian Private Bank, based in Palm Beach, Fla., is offering 1.01% APY and requires a $10,000 minimum deposit.

Banks qualify for our rankings by imposing no restrictions on who can buy their certificates of deposit, either online or through the mail.

Compare these returns with the best CD rates from scores of banks in our extensive database.

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Comments (1)
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One Existing Comment
  1. Mike at Bankaholic said:
    on August 1st at 11:34 am

    And so much for that.

    Bank of Internet USA has slashed its CD rates, boosting AloStar Bank of Commerce back into the top spot on our CD Rates Leaderboard.

    Bank of Internet USA cut is 6-month CD rates to 1.01% APY.