H&R Block Bank
Category: CD Rates- fhuff- 5:46 pm/ December 19, 2009H&R Block Bank has a 12-month certificate of deposit (CD) with a 2% annual percentage yield (APY). CD rates can change at any time and aren’t guaranteed until a CD is opened. Other details of the offer include:
- Minimum opening deposit of $250
- CDs can be opened online
- Early withdrawal results in a penalty of 90 days interest
- CDs are insured up to $250,000 per depositor
- CDs can be opened in the name of a trust
You also can fill out an application for a CD by mail or by fax. Applications processed by mail can add an additional seven to 10 days to the processing time.
You can use more than one check to fund your CD if you open the account by mail. Only one financial institution can be used to fund a CD opened online.
H&R Block Bank offers CD rates for terms of 30 days up to five years. Interest earned on a CD can be paid out monthly, quarterly, or upon maturity. Interest automatically compounds in the account unless you request that payments be sent to you. Both individuals and businesses can open CDs.
- 6 Month CD %
- 1-year CD %
- 2-year CD %
- Money Market Account %
- Savings Account %
- 30-year Fixed Mortgage 3.54 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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