H&R Block Bank CD Rates

Did you know the company that is best know for preparing taxes also has a banking division? The banking arm, H&R Block Bank is a full fledged bank.

The bank has deposit products including bank CD rates, savings accounts, checking accounts. The bank is also offering credit cards and home loans, in fact, their mortgage rates seem very competitive.

The best CD rate deal H&R Block Bank is offering is for their 180 day certificate of deposit. The current annual percentage yield (APR) on their 6 month CD is a whopping 2.00 percent. Which wins our *CD Rates Best* award.  That CD rate is well above the  national average rate for a 6 month CD which is currently at 0.88 percent.

Most 12 month certificate of deposit yields are around 2.00 percent so this is a very good deal you should take advantage of before it ends. In fact, the promotional CD rate was supposed to end on September 30, 2009 but H&R Block Bank hasn’t pulled the deal yet.

Another good thing about this CD deal is the term is only 6 months so you won’t be locked into a long term CD when rates are rising which they are expected to do in the coming year. The minimum opening deposit for certificate of deposit deal is $10,000.

H&R Block Bank 6 month promotional CD rate deal