Top 18 month CD rates yielding 2.40% APY
The best 18 month CD rate in the country is currently yielding 2.40% APY. After digging through numerous rate pages from dozens of banks and credit unions across the nation we have found the best offer coming from a Chicago area credit union - Alliant Credit Union.
To earn the 2.40% APY on an 18 month CD, you must deposit at least $25,000 as well as be a member of the credit union. Below are few ways in which you can join:
- Any employee or member of a qualifying organization
- Any person who lives or works in the following Chicagoland communities: Arlington Heights, Bensenville, Des Plaines, Elk Grove, Elmhurst, Franklin Park, Harwood Heights, Itasca, Mount Prospect, Northlake, Niles, Norridge, Park Ridge, Prospect Heights, River Grove, Rolling Meadows, Rosemont, Schiller Park, Wood Dale and Chicago O’Hare Airport property
- Any person related by blood or law to an existing member
- Domestic partners of unmarried members
Ok, so now for an 18 month CD in which EVERYONE can take advantage of…
The top CD rates accompanying an 18 month term which is available to all customers across the country comes from MetLife Bank. Their rates on this particular product range from 1.35% APY to 2.15% APY depending on how much you can deposit. If you deposit between $2,000 and $14,999 you will only receive an interest rate of 1.35% APY. If you deposit between $15,000 and $24,999 you will receive an interest rate of 1.85% APY and if you can make a deposit of $25,000 you will earn a very respectable 2.15% APY.
If you happen to be in the market for a secured credit card, then you may want to review Citi Bank’s 18 month CD deal, in which they packaged a fantastic CD rate with a new credit card.
Do you know of a better 18 month CD rate offered through your local bank or credit union? If so, leave a comment. Be sure to mention where your bank is located.
