After reviewing Evergreen bank’s foreign cd rates, I did some digging into top bank CD rates in our hemisphere and found one bank in particular yielding an astonishing 12-19%!

Capital Bank, Mexico is a Mexican Savings and Loan Association regulated by the Mexican Federal Banking Commission. Unlike the US, the Mexican government does not offer bank insurance. However, according to Capital Bank, no depositor of a Mexican bank has ever lost any principal or interest in over 75 years (Capital Bank Faq page). That being said – right now they are offering 9 month CD’s yielding 12 percent and 3 year CD’s offering 18 percent! They sweeten the pot by offering an additional 1% if you opt for the jumbo CD.

Here is a complete list of the CD rates offered by Capital Bank of Mexico:

90 day term – Certificate of Deposit

12% APR – interest payable monthly – $5,000 minimum deposit

One Year term – Certificate of Deposit

14% APR – interest payable monthly.- $20,000 minimum deposit

Two Year term – Certificate of Deposit

16% APR – interest payable monthly.- $20,000 minimum deposit

Three Year term – Certificate of Deposit

18% APR – interest payable monthly.- $20,000 minimum deposit

*Keep in mind they will add an additional 1 percent for any Jumbo CD investment.

If anyone can enlighten us into the foreign banking/investment world please do so by leaving a comment.

Most Commented Posts

• Receive $125 for setting up a Chase Free Checking Account.
• An alternative to Bank CDs (certificates of deposit)
• Capital One Rewards Checking Account sign up bonus: $300?
• Receive $50 when you open a new checking account with Bank of America
• Credit Cards Featuring Cash Sign-Up Bonuses
• Connexus Credit Union Cd Rates – 7 month tiered certificate promotion
• WAMU Free Checking Account Bonus: $100
• Shore Bank Promotional 3 month CD Rate – 10% APY!
• Millenium Bank CD Rates and Bank Review
• Mexican Bank Certificate of Deposit Rates