USAA 7 Year CD Rates
Posted on August 18th, 2010
Earlier this month the USAA 7 Year CD Rates were increased. This is a tiered investment so the more you invest, the greater your return.
As of August 16, 2010 the fixed CD Rates for the 7 year CD at USAA was increased to a maximum of 3.89% interest and 3.96% APY. This is for deposit amounts of $175,000 and over. This is considered a super jumbo CD. If the amount you want it invest less there are two other categories your investment can fit into.
For investments of considered to be jumbo with amounts between $95,000 and $174,999 the interest rate is 3.64% and the APY is 3.70%. For this that can only utilize a standard CD that has deposit amounts between $1000 and $94,999 the interest rate is 3.54% and the APY is 3.60%.
At USAA there is also a 7 year adjustable rate CD. This too is tiered. The super jumbo with deposits over $175,000 has an interest rate of 2.92% and an APY of 2.96%. The jumbo CD with deposits of $95,000 to $174,999 has an interest rate of 2.67% and an APY of 2.70%. The standard CD for deposits of $1000 to $94,999 the interest rate is 2.57% and the APY is 2.60%.
The adjustable rate CD’s can have an increase in interest rates once during the term that is limited to 2% if the interest rates rise during the term of the CD.
All of these USAA 7 Year CD Rates and were still effective as of August 16, 2010.
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Tags: Cd Rates, Rates, Year Cd, Year Cd Rates
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