Discover Bank Drops CD Rates


Updated on Tue Jan 29, 2013

Discover Bank has dropped the interest rates on its 12-, 18- and 24-month certificates of deposit (CDs).

The 12-month CD rate fell from 1.00% APY to 0.90% APY. The 18- and 24-month CD rates each fell 0.05% APY — 1.05% APY to 1.00% APY and 1.15% APY to 1.10% APY, respectively. The rate changes are the same for the IRA versions of the CDs.

See how the new Discover Bank CD rates compare to those offered by other banks.

In the Article


Post a Comment