BankDirect, the national Internet banking division of Texas Capital Bank, has ratcheted up their CD rates once again.  BankDirect CD rates are very competitive across a number of maturities and are now well above the national average CD rates.  Stand out yields can be found on the one year certificates, two year certificates, 30 month term CDs, and the three year bank CDs.

BankDirect is one of the leaders in online banking, opening for business in 1999.  The company serves customers throughout the United States from its web site.  The online CDs at BankDirect are risk free, as well as safe and secure.  The bank accounts are insured by the FDIC, under Texas Capital Bank insurance certificate, up to the maximum allowable per account holder.  The bank provides competitive interest checking, savings, and money market accounts as well as certificates of deposit.

The CD accounts offered by BankDirect are all fixed rate accounts which means both the interest rate on the CD as well as the annual percentage yield (APY) are guaranteed for the full term of the certificate of deposit.

The top performing high yield CDs at BankDirect include the following APY’s and terms:

The 12 month CD has an interest rate of 1.10%.
A 24 month CD has a rate of 1.25%.
The 30 month CD interest rate is 1.15%.
A three year term certificate has a yield of 1.45%.

Additional term CDs and rates are available including 90 day CDs, six month CDs, 18 months CDs, four year, and five year CDs. All CD accounts require a minimum deposit of $10,000.00 to open and earn the advertised yield.

The CD rates listed are current as of October 19, 2014 and are subject to change at any time.  Additional conditions may apply.  To find more information about the current CD rates and bank information, a BankDirect customer service representative can be reached by calling the toll free number at 1-877-839-2737.

The bank and bank rate information displayed is believed to be accurate and current; however the rates and information shown on this page may be out of date.  Please check with the bank directly for the most up to date and accurate information.

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