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SunTrust Bank CD Rates

May 16th, 2010

SunTrust Bank is offering an unusual CD bundle to customers nationwide. You can open a 26 month CD and a 49 month CD in order to get a 3% APY on both accounts. You need to open each CD with the same amount of money with a $2,000 minimum on each. You also must have a checking account in order to qualify. You can open an account over the phone and transfer funds in via ACH transfer. The early withdrawal penalty is 8 months’ interest for the 26 month and 1 years’ interest for the 49 month CD. There’s no hard credit pull to open an account so you don’t have to worry about any effects on your credit score.

SunTrust Bank has a 2 out of 5 star soundness rating from bankrate and is FDIC insured. To visit their website click here.

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