Atlanta 6/22/2012 2:50:00 PM
News / Business

Bank of Internet USA CD for Better Rewards Without the Risk

Open a Bank of Internet USA CD and get the best CD rates with no market risk. Bank of Internet offers terms ranging from 3 months to 5 years, you'll find that the bank does offer a CD that works best for you and your needs.

With amazing CD rates, which are compounded daily, Bank of Internet offers a way to earn a higher rewards rate. A Bank of Internet CD account also offers free electronic transfer of interest, and an auto renewal with a 10 day grace period. Bank of Internet CD also includes free FinanceWorks to help you keep track of your money.

As far as rates are concerned with a Bank of Internet CD, the longer you leave the money in the account, the more money you can make. By leaving your money in the account for 3 months you'll earn an interest rate of .15%. Leaving your money in the account for 6 months results in a .40% rate, 12 months earn .75%, 24 months earn 1.01%, 48 months earn 1.25%, and 60 months earn 1.59% APY.

A Bank of Internet USA CD can be opened online from the convenience of your own home or office computer. You can open the account whenever and wherever you want, provided that you have a computer with an active internet connection. You will need $1,000 as a minimum deposit to open the account. Open a Bank of Internet USA CD and start saving your money today.