The interest rates for Capital One 360 CDs are competitive. Each of the terms offers competitive rates. The rates are competitive with other online CDs. The interest rates are not tiered. There is no required balance to earn competitive rates.

The Capital One 360 CDs do not have a set amount required to open the account. You choose how much you want to invest in the Capital One 360 CDs. The CDs cannot exceed $1,000,000.

Capital One 360 CDs offer a Rate Lock Guarantee. You fund your CD by linking it to an external account, which can be another Capital One account. Capital One 360 gives you 10 days to confirm ownership of the linked account. Because this takes a few days, your CD interest rate will be the highest one offered during those days.

Capital One 360 offers a good variety of CD terms. The CDs range from six months to five-year terms. They offer a total of nine CD terms. Each of the terms is FDIC insured.

The only deposit you can make into your CD is when you initially open the account. You cannot add money to the CD during the term life.

During the CD term, you cannot withdraw partial amounts of the principal. These types of withdrawals are only allowed during the grace period. If you make a withdrawal before the maturity date, you will be charged a fee.

To fund your Capital One 360 CD, you must link the CD to an external bank account. Once you have the CD linked to an external account, you can transfer money into the CD. The linked account can be another Capital One account.

Once your CD matures, you cannot add money to the current CD. If you have more money to add, your current CD will be closed and Capital One 360 will help you open a new CD. That CD will include the money from the previous CD and the money you want to add.

Read the full Capital One 360 review.

The Banesco USA BaneSmart CDs offer competitive interest rates. These rates are much higher than typical bank rates. Banesco USA CDs offer rates competitive with other online CDs.

The Banesco CDs have low opening required amounts. The amounts range from $1,000 to $1,500 depending on the account. You must keep these balances in your CD accounts to earn competitive interest rates.

You can open each BaneSmart CD term online. The application is on the Banesco USA website. You do not need to visit a branch location.

There are options on how and when you receive your interest payments. You can choose to receive BaneSmart CD interest payments monthly, quarterly, or semi-annually. You can also choose to receive the interest when the CD reaches maturity. You can deposit interest earnings into any Banesco USA accounts.

There are limited BaneSmart CD terms available through Banesco USA. The terms range from six to 36-month CDs. There are a total of five CDs available online. More CD terms may be available at a branch location.

The BaneSmart CDs do not offer an interest rate guarantee. If the interest rates increase shortly after you open your CD, your rates will not increase. The interest rates for BaneSmart CDs are competitive. But, there is not a guarantee if the rates increase.

Banesco CD terms longer than 12-months have limits on interest payments. The annual percentage yield cannot stay in the account. A payout is necessary. Withdrawing the money before the CD reaches maturity will result in a fee. Contact customer service for more information on this matter.

There are limited ways to fund your BaneSmart Banesco CD. To initially fund your CD, you need to mail in a check. The CD terms range from six to 36-months.

Read the full Banesco USA review.