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Discover Bank Cuts CD Rates

Wednesday, September 22, 2010 - 5:21 AMDiscover Bank - Details
Discover Bank just cut most of its CD rates. Its 7-year and 10-year CDs had been very good deals due to comparatively mild early withdrawal penalty. Unfortunately, the lower rates make these less of a deal.

Some of the notable CD rate cuts:
  • 3.00% APY 10-year CD (was 3.25%)
  • 2.90% APY 7-year CD (was 3.00%)
  • 2.75% APY 5-year CD (was 2.90%)
  • 2.25% APY 4-year CD (was 2.30%)
  • 2.00% APY 3-year CD (was 2.10%)
  • 1.35% APY 1-year CD (was 1.45%)
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Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
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