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Discover Bank’s IRA CD Rate: 4% 10 year term

April 29th, 2009 Posted in bank CD rates

Warning: The rates featured on this page are likely outdated. Visit our CD Rates Center for updated rates and special offers.

Discover Bank has been a consistent interest rate leader for certificates of deposit lately as many other nationally available rates seem to dwindle.

One of the more noteworthy rates offered by Discover Bank is their 10 year IRA CD which yields an APY of 4.0%. If you are looking for a conservative (FDIC insured) investment to plop into your IRA account this is most likely one of your best bets.

A few weeks back we deemed Discover Bank as the “Consistently High APY” bank and their rates are still holding strong.

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Unlike a lot of high savings rate offers, these are all available throughout the country (no geographical restrictions). If you have any experience with Discover Bank that you would like to share, please leave a comment.



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This entry was posted on Wednesday, April 29th, 2009 at 10:28 am and is filed under bank CD rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Discover Bank’s IRA CD Rate: 4% 10 year term”

  1. Blogging Banks Says:

    April 30th, 2009 at 8:55 am

    But isn’t it too long to lock your money for 10 years? It does make sense for a CD ladder however.



  2. Dave Says:

    April 30th, 2009 at 10:43 am

    discover’s money market rate is the best on the table



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