Advanta Bank CD Rates
Posted by Best CD Rates on 09/10/07 in Advanta Bank
Advanta Bank has some fairly high certificate of deposit rates currently available. Taking a look at their rate table, they are offering 5.40% APY rates on their 1 year, 18 month, and 5 year certificates.
Interest is compounded daily. If you have no other ABC accounts, a minimum of $10,000 is required to open a Certificate of Deposit. Persons who have ABC accounts may open a Certificate of Deposit with a minimum of $2,500. Annual Percentage Yields (APYs) assume interest and principal remain on deposit until maturity. There is a substantial penalty for early withdrawal.
Advanta Bank also offers pretty high rates on their jumbo CD rates as well, with 5.40% APY rate on their 1 year and 18 month Jumbo CDs. Minimum deposit on these CDs is $99,000. Advanta Bank is FDIC insured.
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