High 9-Month Certificates of Deposit Interest Rates

Searching for 9 Month CD Rates.  Stop searching now. 

High 9 month CD Rates are actually difficult to find. The 9-month term is considered an odd term Certificates and not many banks or credit unions offer it.  Often times, those that do, have a lower 9-month rate than the 6-month.

But, here are some hot rates that I tracked down.

Discover Bank — 1.50% APY (Yes, this is the bank for the Discover Credit Card). 3-stars.

Ally Bank — 1.55% APY (and they don’t have any annoying small print or disclaimers or so they claim).  2-star Rating.

Christian Community Credit Union — 2.25% APY (Yahoo!  They call it the Kingdom Builder Certificate, I like it.)  3-stars.  But, please note.  They are not federally insured by the NCUA.  They carry private ASI insurance.

Umbrella Bank — 1.85% APY.  1-star.  They may need an Umbrella.  Looks like some bad weather is coming their way.

Well that looks pretty good.  I would probably skip Umbrella Bank.  Before depositing in Christian Community do some research on ASI.  Your investments’s protection is based on the insurance company’s health.  They might also have restrictions on membership such as having to be a Christian.

For ease, Ally Bank and Discover are probably the best bets, but keep in mind that on-line set-ups usually require you to answer a set of questions that only you should know.  I’ve read some horror stories lately, where the information the banks were working from was incorrect. 

9 month CD rates may be the smart way to go.  There is just no way to know when the Fed is going to raise interest rates.

Let me know if you find some great CD deals.

Check-out CD Rates MA or On-line CD Rates