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Discover CD Rates for August 08

Category: CD Rates- gotalkmoney.com- 4:58 pm/ August 12, 2008

If you’ve been paying attention to the CD rate market lately, you’ve probably noticed Discover Bank’s industry leading rates.  With great reviews and feedback, Discover Bank is defintely worth checking out.  Here are some of the rates as of August 12, 2008 –

Money Market Account Chart

Account Balance Interest Rate APY2
$2,500 to $4,999 3.00% 3.04%
$5,000 to $9,999 3.00% 3.04%
$10,000 to $24,999 3.00% 3.04%
$25,000 to $49,999 3.05% 3.09%
$50,000 plus 3.10% 3.14%

CD Rate Chart

Term Interest Rate APY1
3 months 2.90% 2.94%
6 months 3.20% 3.25%
9 months 3.35% 3.40%
1 year 3.70% 3.76%
1½ years 4.10% 4.18%
2 years 4.32% 4.41%
2½ years 4.50% 4.60%
3 years 4.70% 4.81%
4 years 4.85% 4.96%
5 years 5.10% 5.23%

To get more information on these rates, visit Discover Bank’s main website.

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