E*Trade CD Rates

E*trade Financial is one of the well-known institutions in the world of finance and investment. They have numerous products ranging from investment banking to savings products. One of their products is the certificate of deposits (CDs). There are three different kinds of CDs that is offered and they are fixed rate CD, Prime Link Cd and IRA Cd. Each of these CDs come with varying features and one must choose a CD option that best suits their needs. For all the three CD options, the minimum deposit is $1000 and the interest is compounded daily. The CD interest rates for all the three options is good and this makes them popular among investors.

The current E*Trade CD rates for fixed rate CD is 0.01% for a term of 3 months. It is 0.05% for 6 months, 0.10% for 1 year, 0.20% for 15 months, 0.30% for 1.5 years and 0.40% for 2 years respectively. The ETrade CD rates for the fixed rate CD for a term of 2.5 years is 0.50% while it is 0.60% for a period of 3 years. The rates are 1.00% for 4 years and 1.09% for 5 years. The rates for PrimeLink CD is slightly higher than the fixed rate CDs. The E-Trade CD rates for a period of 1 year is 0.39% APY. The interest rates are 0.08% for a period of two, three, four or five years. The rates for IRA CD are 0.10% for the first year. For the second year, the rate is 0.40% and for the third year, the rate is 0.60%. It is 1.00% for 4 years and 1.09% for 5 years. These competitive CD rates backed by the trust and reliability of E*Trade is the reason for its large customer base.

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