Capital One Bank has the highest interest rates on two year and five year CDs in New York.  Capital One Bank has an ad running in the New York Post marketing the rates on their 14 month, two year and five year CDs.  This is the same ad featuring these term CDs found in other newspapers including the one we highlighted in the San Antonio Express as well as the Sunday edition of the New Jersey Star-Ledger.  The interest rate on the 14 month CD is 4.00%.  The interest rate on the two year CD is 4.50%.  The interest rate on the five year CD is 5.25%.  The rates paid on the two year CD and five year CD is the best CD rates for those terms in New York.  Each CD has low minimum deposit requirement of $500.00.  Both personal and small businesses qualify for these rates.  These rates are not offered on the Capital One Bank website.  The offer states the promotion is available in New York, New Jersey and Connecticut only.  These CD rates are the best CD rates offered on 2 year and five year CDs in Connecticut and New Jersey as well.  Capital One Bank can be reached at 888-855-2265 or at their website at www.capitalonebank.com or at one of their New York bank branch locations.  Rates subject to change see bank representative for details.

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