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E*Trade Bank
==>  " etrade bank HIGH-YIELD SAVINGS & CDs "   <==

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A survey of current rates and terms for E*Trade BankView our latest survey of the APY interest rates paid for certificates of deposit by term for the major and minor banks and credit unions that includes but is not limited to: Citibank, BofA, Chase, Wachovia, Taunus, Wells Fargo, HSBC, US Bancorp, Suntrust, ABN, Citizens Financial, Capital One, National City, PenFed, World Savings, Countrywide,  and many more.

Today's Rates at E*Trade Bank as of 3/06/08

ProductYield
Savings
Complete Savings4.10%
Money Market3.00%
CDs
3 Month 2.85%
6 Month 3.25%
1 Year 2.60%
1.5 Year 2.50%
2 Year 2.50%
3 Year 2.50%
5 Year 3.50%





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Definition:  A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest.  Often there is a penalty for early withdrawal (taking your money out before the specified period of time.)
  1. Annual Percentage Yield is effective 12/13/2007 and is subject to change. A $1 minimum deposit is required to open a new account. Withdrawal limits apply. Online statements required.
  2. For details and important information about Quick Transfer, please visit etrade.com/quicktransferdetails for a listing of the limitations, restrictions and time deadlines associated with this service.
  3. The APY of the Complete Savings Account as of 10/3/2007 is more than 8 times the national average APY for savings accounts. Source: Informa Research Services, Inc., Calabasas, CA. Although the information has been obtained from the various institutions themselves, the accuracy cannot be guaranteed.
  4. Annual Percentage Yield (APY) as of 12/13/2007. Rates subject to change daily. Initial deposit of $1,000 required for Certificates of Deposit (CD). Substantial penalty for early withdrawal on CDs.
  5. Minimum average monthly balance of $1,000 required to avoid a monthly fee on Money Market accounts. Annual Percentage Yield (APY) as of 12/13/2007. Rates are variable and subject to change daily. Certain fees may reduce earnings on accounts.

 


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