TD Bank CD Rates January 2012 Update
The TD Bank CD rates are the focus today by Highest CD Rates. Like many other financial institutions across America, they have decided to stop the trend of lowering their TD Bank certificate of deposit rates at this time.
The current CD rates of the Basic CD are an APY of 0.40% with an 11 month term.
The No Catch CDs include the 6 month CD that is earning an APY of 0.30%. The 1 year CD is earning an APY of 0.20%. This type of CD permits an early withdraws of funds from the account one time before the term of the CD expires. The
The Step Rate CD is an investment CD that has an increasing interest rate over the term of the deposit. But the interest along with the APY changes annually. The 3 year CD is earning an APY of 0.40% for the first year, 0.50% in the second and 0.75% in the third for an overall APY of 0.55%.
The best CD rates are from the 5 year CD is earning an APY of 0.70% in the first year with the second year earning an APY of 0.85%, the third year an APY of 0.90%, the fourth year an APY of 1.00% and the fifth year an APY of 1.75%. The overall APY is 1.03%.
To earn the TD Bank certificate of deposit rates a minimum deposit of $250 must be placed in the bank.
These TD CD rates were posted on November 1,, 2011 but are still current for the new year of 2012. All rates are subject to change without notice.