US Bank is advertising some of the best CD rates currently available for specific terms. US Bank markets a variety of bank CDs including standard certificates of deposit and Individual Retirement Account (IRA) certificates of deposit and promotional online bank CDs.

US Bank standard bank CDs are fairly competitive among the large US banks but the current run on promotional CDs are now some of the highest national CD rates. US Bank online CDs can be opened anywhere in the US whether or not there is a US Bank branch in the region or not.

With the assortment of CD rates and terms available, US Bank offers numerous options for investors. With promotional online bank CDs, new accounts can obtain an instant decision on the CD account when they apply online and can fund the CD in a matter of minutes.

Promotional CD rates and terms offered by US Bank includes the following options:

19 month CD rate is 1.75%
27 month CD rate is at 2.25%
59 month CD interest rate is 3.15%

As an example of the competitive position of these CD rates, the best two year CD rate available nationally is ten basis points or 10/100 of a percent below the US Bank 27 month CD. The best two year CD rate available nationally is at 2.10%. The 59 month term CD is not the highest CD rate for an equivalent five year term but is within the top three best CD rates with a 5 year maturity. The highest five year CD rate nationally is currently at 3.25%.

All of these listed CDs are fixed rate and fixed term CDs and earn a guaranteed interest rate for the term selected and all U.S. Bank certificates of deposit are FDIC insured.

The minimum amount required to open the bank CD accounts with US Bank is $1,000.00 and there may be a penalty for early withdrawal.

All interest payments for these bank CDs are made at the end of the CD term or annually, whichever occurs first. Promotional US Bank CD rates are current as of this publication date but are subject to change without prior notice. Bank CDs are automatically renewed at maturity.

Along with the online CD account options, certificates of deposit accounts can be opened at the bank branches, US Bank operates multiple bank branch locations nationwide. See the selectcdrates.com bank directory for a list of US Bank branch locations.

For current US Bank CD rates or additional account information, a bank representative can be reached at 800-720-2265.

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