Best CD Rates Blog » Amtrust Direct http://www.best-cd-rates.net Tracking the best certificate of deposit rates in banking. Tue, 25 Aug 2009 04:58:24 +0000 en hourly 1 http://wordpress.org/?v=3.0 Amtrust Direct CD Rates http://www.best-cd-rates.net/amtrust-direct/amtrust-direct-cd-rates/ http://www.best-cd-rates.net/amtrust-direct/amtrust-direct-cd-rates/#comments Fri, 13 Jun 2008 08:24:21 +0000 Best CD Rates http://www.best-cd-rates.net/amtrust-direct/amtrust-direct-cd-rates/ AmTrustDirect just increased the rates on many of its online CDs. A yield of 4.00% APY is now available on all terms from 12 months to 60 months. The yields for the shorter terms are 3.51% APY for a 6-month CD and 3.76% APY for a 9-month CD. Minimum on all accounts is $1,000.

Here’s some of the details:

  • Online application allows for funding by ACH transfer or check
  • IRA CDs are not available online
  • The early withdrawal penalty is 3 months of interest for terms 11 months or less, 6 months for terms of 12 to 23 months, 9 months for terms 24 to 47 months and 12 months for terms of 48 months or more
  • Accounts can be opened with up to two beneficiaries
  • When CD matures, you can request closure of the CD by either mail or online by a secure message
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