Discover’s 5-year CD rates are currently fixed at 2.10% APY with a minimum deposit if $2,500. This is the same whether you choose a standard, high-yield CD or an IRA CD. Discover offers two different IRA CDs : Roth and traditional. 5 Year CD: 2.25% ↓ (down from 2.35%) Email this rate » Get Rate Alerts » Mar 17 (Today) The best five-year CD rates are typically found at online banks and credit unions, including Ally, Discover and several others. 5 year CDs provide a fixed rate for the term of the CD. The rate is higher than a savings account or a 1 year CD to compensate for the longer term. CDs opened online can be done from the comfort of a saver's living room.
A certificate of deposit (CD) is a time deposit, a financial product commonly sold by banks, thrift CDs typically require a minimum deposit, and may offer higher rates for larger deposits. The best rates are generally For a five-year CD, this is often the loss of up to twelve months' interest. These penalties ensure that it is CD Interest Rate - 6 Month CD - 10 Year Chart 10 Year CD Interest Rate Chart 1965-5 1965-6 1965-7 1965-8 1965-9 1965-10 1965-11 1965-12 1966-1
The 5-year CD rate progression was a bit more choppy, falling about 1.4 percentage points from the start of 2010 to mid-2013, when it hit its lowest point. Meanwhile, 6-month and 1-year rates dropped about 0.69 and 0.86 percentage points, respectively. 5 Year CD: 1.80% ↓ (down from 1.98%) Email this rate » Get Rate Alerts » Mar 2 (5 days ago)
A five-year CD with a 3% APY — among the highest rates you’ll find — will earn around $800 on a $5,000 deposit. Keep the same amount in a savings account that earns a top-notch rate of 2.20%, and you’d earn around $550 after five years.
The 5-Year Online CD (5YrOCD) Index is intended to provide a representative yield that’s available from today’s 5-year online CDs. The Index is the average yield of ten mature 5-year online CD accounts from well-established online banks.