RBC Bank CD Rates January 2012 Update
Today the RBC Bank CD rates are the focus from Highest CD Rates. This financial institution does not openly advertise all of their CD rates.
They do show two RBC Bank certificate of deposit rates on the banks website. Since our last visit just a few months ago the 30 month CD has seen a reduction in the APY they were offering. This reduction is in the amount of 0.10%.
The current CD rates include the 18 month CD that is earning an APY of 0.60%. The best CD rates are from the 30 month CD that is earning an APY of 80%. Both of these terms require the account holder to also have a checking account with RBC Bank that is active and current.
The minimum deposit required is $5,000 and is good for either the standard CD or an IRA CD. The interest rates and the terms are both fixed for the duration of the deposit.
There are also the jumbo CD rates being advertised. The 18 month CD is earning an interest of 0.60%. The 30 month CD is earning an interest rate of 0.80%. Both of these accounts require a minimum deposit of $100,000 and only pay simple interest on the deposit for the term if the account.
If you contact your local RBC Bank, they can inform you of all their CD rates. The terms available are from 7 days to 5 years.
The RBC Bank CD rates were posted on January 4, 2012 but are subject to change without notice.