Highest CD Rates in Virginia
Turning to Virginia, we here at Highest CD Rates Info are looking at the highest CD rates offered on this side of the Potomac. We’ve found the best CD rates in Virginia, so here you are.
They’re listed by term and then ranked by annual percentage yield (APY) with any information needed such as minimum deposits.
1 Year Term Highest CD Rates in Virginia
For this term, Ally Bank has a 2.05% APY with no minimum deposit, which they’re offering nationally right now. Bank of America has a 0.70% APY with a $1,000 minimum deposit requirement for this term as well.
3 Year Term Virginia CD Rates
Looking at this term’s current CD rates, the best CD rates in Virginia are still at Ally Bank with a 2.75% APY and no minimum deposit required. Bank of America shows a 2.05% APY to compete, however, and requires a $1,000 minimum deposit to open.
5 Year Term Highest CD Rates in Virginia
Looking at this popular longer term, we still see the best CD rates in Virginia at Ally Bank with a 3.40% APY and no minimum deposit. Bank of America is trying, though, with a 2.75% APY and a $1,000 minimum deposit. Not much competition in VA, overall.
6 Month Term Virginia CD Rates
To quickly look at this popular short term, we see that Ally is still on top at 1.65% APY with no minimum deposit. Bank of America is at 0.25% APY with a $1,000 minimum deposit required.
Both banks listed are FDIC insured. These are the best CD rates in Virginia that we could find (worth mentioning). Lock in your highest CD rates now before current CD rates change.