Today at Peak Personal Finance, we’re going to look at how Key Bank CD rates are doing. Certificates of deposit are a smart way to save money with a guaranteed return, which can be used to save for specific uses or to hedge against riskier investments.

Key bank offers many savings products like savings account and Certificate of Deposits (CDs). There are three kinds of CDs: the Key Tiered CD Account, Key Jumbo CD and Key Short Term CD Account. Tiered CD account can be with or without relationship reward. If a checking account of Key Bank is linked with this account, then it gets special interest CD rates. All these accounts have numerous features that are beneficial to the customers in many ways. They offer one of the best CD rates in the market today and this is one of the reasons for their popularity. Besides interest, flexibility and convenience are also other reasons why many people like Key Bank certificate of deposit rates.

The current CD rates for the Tiered Key Bank CD rates account is 0.25% for all balances for 6 and 7-month period. The Key Bank CD rates for 8, 9, 13, 14 and 15-month periods for all balances over $25,000 is 0.35%, 0.25% for balances between $10,000 and $24,999 and 0.20% for balances below $10,000.

The rates for 10-month and 11-month period is 0.25% for all balances. The best CD rates for a 12-month period is 1.15% for all balances over $25,000, 1.05% for balance between $10,000 and $24,999 and 1.00% for balances below $10,000 respectively. The rates for 16, 17, 18, 20,21,22 and 23 months period is 0.35% for all balances up to $10,000, 0.40% for balances between $10,000 and $24,999 and 0.50% for all balances over $25,000.

The Key Bank Certificate of Deposit Rates for Key Short Term CD is 0.10% for a period of up to 119 days and 0.20% after 120 days for all balances. These interest rates make this bank’s CDs a good investment option.