CDs up to 4.96% at Discover Bank
Discover Bank (i.e. the bank wing of Discover Card) doesn’t have any local branches — their one and only branch is in Delaware — but since they’re headquarted in Riverwoods, I thought I’d mention their CD rates, which are pretty competitive across terms:
- 1-year CDs: 3.76% APY
- 18-month CDs: 4.02% APY
- 2-year CDs: 4.23% APY
- 30-month CDs: 4.34% APY
- 3-year CDs: 4.44% APY
- 4-year CDs: 4.70% APY
- 5-year CDs: 4.96% APY
The CDs have a minimum of $2500. They can be opened online at discoverbank.com or by calling 800-347-7000.
(Thanks to the reader who e-mailed this to me.)