Monday, December 25, 2006

AmTrust Direct CD Rates

AmTrust Direct's e-money market account is currently paying 5.30% and their CD rates are not that bad either.
Minimum deposit to open and earn interest: $1,000.00
Compound frequency: Daily


CD TermInterest RateAPY
6 MONTH PROMO CD5.317%5.46%
9 MONTH PROMO CD5.270%5.41%
12 MONTH PROMO CD5.270%5.41%
18 MONTH PROMO CD5.023%5.15%
24-MONTH PROMO CD4.927%5.05%
30 MONTH PROMO CD4.927%5.05%
36-MONTH PROMO CD4.880%5.00%
60 MONTH PROMO CD4.975%5.10%

Indymac Bank CD Rates

As CD rates drop across the board, Indymac Bank has substantially better rates than most. Here is a look at their Internet CD Rates:

Term Interest Rate APY
3 Month 5.31% 5.45%
5 Month 5.21% 5.35%
6 Month 5.31% 5.45%
7 Month 4.93% 5.05%
9 Month 5.07% 5.20%
1 Year 5.12% 5.25%
18 Month 4.88% 5.00%
2 Year 4.69% 4.80%
3 Year 4.69% 4.80%
4 Year 4.69% 4.80%
5 Year 4.69% 4.80%

Product Features and Requirements

·

Minimum to open is $5,000 (Internet Only).

·

Terms are from 90 days to 5 years.

·

For customized terms, other than those listed above, please call our Customer Contact Center.

·

Interest is compounded daily and paid or reinvested into the account monthly or at maturity. The interest rate depends on the term of the CD.

·

A penalty will be assessed for early withdrawal.

·

For your convenience, your CD renews automatically for the same term at the current rate at that time.

Happy Holidays!

Happy Holidays to all!