Today's 12-month CD rates can be found at 2.38%, 6-month CD rates at 4.25% and 3-month CD rates at 4.22%. Current savings rates are at 0.01% and money market rates are at 2.84%. Mortgage rates today on 30-year fixed loans are around 6.60%. Credit Card rates are at 18.00%. Personal Loan rates are at 12.50%. All these rates, and more, can be found in our database of rates. VirtualBank's 18-Month CD rates are at 3.87%, 12-Month CD rates are at 3.87%, 36-Month CD rates are at 3.77%, 24-Month CD rates are at 3.77%, 48-Month CD rates are at 3.67%. VirtualBank's money market rates are at 4.00%.
To see how these rates compare to VirtualBank CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from VirtualBank, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with VirtualBank CD rates. You can also compare VirtualBank savings rates, MMA rates and mortgage rates using our other rate lists.
VirtualBank money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at VirtualBank? Share your experience about VirtualBank by leaving a review below, or read customer reviews before you decide to use VirtualBank.
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.
Compare VirtualBank Rates with Other Competitive Bank and Credit Union Rates
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.
The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.
Online savings rates continue to move higher during the first week of 2019 as several banks increased rates. The best online savings rate for the first week of 2019 goes to CIT Bank with a rate of 2.45 percent on their Savings Builder savings account. The minimum opening deposit is $25,000.The second best online savings rate goes to MySavings Direct at 2.40 percent with minimum opening deposit of only $1.00.The third highest online savings rate is at 2.36 percent from Popular Direct and VirtualBank. Vio Bank and PurePoint Financial are tied with the fourth best savings rate at 2.35 percent. Rounding out the top 5 savings rates is earn.bank with a rate of 2.31 percent. Read more...
The best CD rates on Christmas Eve are stable, no new highs to report on even though the fed funds rate was increased last week. Here is a list of the best CD rates on short term certificates of deposit of 1 year or less. The best 1 month CD rates are at 1.35 percent from Colorado Federal Savings Bank. The best CD rates on 3 month certificates of deposit are at 2.15 percent from Popular Bank. The highest CD rates on 6 month CDs are at 2.46 percent from VirtualBank. The top 9 month CD rate is at 2.31 percent from Luana Savings Bank. The highest 1 year CD rate is at 2.90 percent from ablebanking. Read more...
CD rates for December 21, 2018, didn't make new highs but two banks did increase CD rates overnight. The current best 1 year CD rate is still at 2.90 percent from ableBanking. The highest 6 month CD rates are at 2.46 percent from another online bank VirtualBank. The highest 3 month CD rates today are at 2.15 percent from Popular Direct. The two banks that increased their CD rates are Sallie Mae and Bank Direct. Of those CD rate increases, the most notable increases are from Bank Direct which increased CD rates by 49 basis points on all CD terms below 3 years. To get the best CD rates today online search and compare CD rates. Read more...
The best 12 month CD rates in December 2018 are moving higher and might hit 3.00 percent before the end of the year. The bank that currently has the absolute best 12 month CD rates on the rate table now is VirtualBank with a rate of 2.86 percent, only 14 basis points below 3.00 percent. Three other banks have the second best 1-year CD rates for December 2018. Limelight Bank, Live Oak Bank, and Popular Direct are all offering 12 month CD rates at 2.85 percent. Rounding out the top 5 December CD rates is Merrick Bank with 12 month CD rates at 2.84 percent. Read more...
Twelve month CD rates are now above the current inflation rate and this hasn't been the case for over a decade. This is great news for retirees who can now invest in certificates of deposit and actually make money when inflation is taken into account.For the past decade, if you invested in certificates of deposit, you were probably getting a CD rate lower than the rate of inflation. You actually lost money by investing in either short term or long term certificates of deposit.For example, back in 2012, the highest 12 month CD rates were around 1.00 percent. The inflation rate in 2012 was 2.10 percent, giving you a negative return of 1.10 percent. Looking at it another way, for every $10,000 invested you actually lost $110.00. Read more...
Bank CD rates are higher this week as ten different banks increased CD rates on a wide range of CD products. The largest increase was from TAB Bank, which increased their 6 month CD rate by 25 basis to 2.12 percent. TAB now has the second highest 6 month CD rate currently available. The highest 6 month rate is held by My eBanc at 2.20 percent.
The second largest increase was from Home Savings Bank, who increased their 2 year CD rates by 15 basis points to 2.65 percent. Popular Direct currently has the top 2 year CD rate at 2.91 percent with a yield of 2.95 percent.
Another recent milestone is seeing 3 year CD rates hit 3.00 percent for the first time in nearly a decade. M.Y. Safra Bank, FSB, is the latest bank to increase their 3 year rates. M.Y. Safra Bank now has their 3 year rate at 2.97 percent with a yield of 3.00 percent.
Several banks and credit unions increased CD rates this week and as a result, the best 12 month CD rates are now at 2.50 percent, a multi-year high. The last time 1 year CD rates were in the 2.50 percent range, was during the financial crisis in 2008/2009.When the financial crisis hit and caused the Great Recession, the Federal Reserve lowered the fed funds rate to nearly zero percent. This caused deposit rates to plummet to all-time lows the following four years. The best 12 month CD rates were actually under 1.00 percent at the low point in 2013.National average rates were even worse because of big brick and mortar banks were offering extremely low rates. At the lowest point during early 2013, MonitorBankRates.com reported 12 month CD rates averaged 0.68 percent. The FDIC's weekly national average rates were even lower, averaging a low of 0.20 percent. Read more...
The best online savings rates continue to move higher for May 2018 and heading into June 2018. For about a decade now, we have been talking about online savings rates and money market rates moving lower. Then finally, about 18 months ago, we started writing about interest rates moving higher.Online savings rates moved higher the past 18 months because the Federal Reserve increased the federal funds rate six times. Those six rate increases totaled 1.50 percent, which brought the rate up to a targeted range of 1.50 percent to 1.75 percent. If you're wondering how the rate could only be at 1.50 percent when the total increases were 1.50 percent, that's because the rate was near zero percent!You also might be wondering what the fed funds rate and what does it have to do with online savings rates. The fed funds rate is the rate that banks and credit unions lend reserve balances to other institutions overnight. Banks and credit unions also set consumer rates for deposits and loans using the fed funds rate. Read more...
The highest CD rates continue to move higher as online banks increase rates again this week. 10 different online banks and credit unions increased a slew of CD rates over the past seven days. Rates on both short term and long term certificates of deposits moved higher.The biggest increases again this week were on shorter term certificates of deposit. This is because the Federal Reserve is driving short term rates higher. The Fed is scheduled to meet in the middle of next month and is widely expected to increase rates again.
We just reached a new milestone for 12 Month CD rates in 2017 as rates continue to inch higher. Crestmark Bank is now offering 12 Month CD rates at 1.80 percent. Just about two months ago, we reported a new high for 1 year CD rates at 1.70 percent. That new high was also from CrestMark Bank. You can read about that post Crestmark Bank Best Rate 1.70%.The uptrend for CD rates will continue for the rest of this year and into at least 2018 and it may last even longer if the economy doesn't fall into a recession. The Federal Open Market Committee meets this month and will more than likely increase the fed funds rate by 25 basis points.Another fed funds rate increase will put additional upward pressure on short term interest rates. 1 year CD rates could therefore hit 1.90 percent this month and 2.00 percent sometime early in 2018. Back in early October, we forecast 1 year CD rates hitting 2.00 percent as a result of another fed funds rate increase. Read more...
The Federal Reserve wrapped up their two day meeting yesterday and decided to keep the fed rates unchanged. The Fed was expected to stand pat on rates during the September meeting. Even though the Fed kept rates where they are, online CD rates continue to march higher.Between this Fed meeting and the last meeting in July, we have witnessed several new highs for short term CD rates. 1 year CD rates already made two new highs in the month of September. On September 5th, we reported the top 1 year CD rate increased to 1.60 percent and now the top 1 year rate is at 1.65 percent.We are still predicting 1 year CD rates will hit a high of 1.75 percent by the end of 2017 but only if the Fed increases the fed funds rate once more this year. You can see a list of the best 1 year CD rates listed below. Read more...
The top CD rates continue to move higher as the best 2 year CD rate hits 1.70 percent this week. 2 year CD rates at Connexus Credit Union take the top spot this week at 1.69 percent with a yield of 1.70 percent. Connexus has the best rate this week but two banks are right on the credit union's tail.
Northern Bank Direct, EverBank, and Popular Direct have the second best 2 year rate this week at 1.64 percent with a yield of 1.65 percent. We have another three-way tie for third place, My e-BAnC by BAC Florida Bank, TAB Bank, and VirtualBank all have a current 2 year rate of 1.61 percent with a yield of 1.62 percent.
Not only are the top rates moving higher this week, average 2 year CD rates are also higher. The current average 2 year CD rate is at 1.50 percent, up from last week's average 2 year rate of 1.47 percent. Listed below are the top ten 2 year CD rates for the week ending April 15, 2017.
Best 2 Year CD Rates
Connexus CU - Rate 1.69% Yield 1.70%
Northern Bank Direct - Rate 1.64% Yield 1.65% (tied for 2nd place)
Popular Direct - Rate 1.64% Yield 1.65% (tied for 2nd place)
TAB Bank - Rate 1.60% Yield 1.61% (tied for 3rd place)
My e-BAnC by BAC Florida Bank - Rate 1.60% Yield 1.61% (tied for 3rd place)
VirtualBank - Rate 1.60% Yield 1.61% (tied for 3rd place)
Banesco USA - Rate 1.60% Yield 1.60%
Capital One Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
Synchrony Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
M.Y. Safra Bank, FSB - Rate 1.59% Yield 1.60% (tied for 5th place)
iGObanking.com - Rate 1.59% Yield 1.60% (tied for 5th place)
Congressional Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
iGObanking.com - Rate 1.59% Yield 1.60% (tied for 5th place)
First Internet Bank of Indiana - Rate 1.56% Yield 1.57%
CD Bank - Rate 1.55% Yield 1.56%
Nationwide Bank - Rate 1.50% Yield 1.51% (tied for 8th place)
Pentagon Federal Credit Union - Rate 1.50% Yield 1.51% (tied for 8th place)
CD rates continue to move higher this week. We look for the trend of higher CD rates to continue in 2017 as long as there isn't a recession. The Fed is expected to increase the federal funds rate at least two more times this year, which will put more upward pressure on CD rates.
This week, the best 1 year CD rate in the database is now at 1.49 percent with an APY of 1.50 percent. A couple of weeks ago, the top 1 year CD rate was 5 basis points less.
The current national average 1 year CD rate also moved higher this week over last. The current national average 1 year CD rate is at 1.26 percent, up from last week's average of 1.30 percent.
CD rates are slowly inching higher and will continue to move higher in the coming months. A more immediate impact that will force CD rates higher is the Federal Open Market Committee increasing rates. The FOMC meets this week to decide on monetary policy and is widely expected to increase the fed funds rate by 25 basis points.
The CME Group's FedWatch Tool has a 97.2 percent probability that the Fed will increase the rate to a range of 0.50 percent to 0.75 percent. The last time the Fed increase the rate was December 2015 when the rate was increased to a range of 0.25 percent to 0.50 percent.
Several banks already increased CD rates on short term certificates of deposit recently, likely in anticipation of a Fed rate hike. The highest CD rates on 1 year certificates of deposit are approaching 1.50 percent and may hit 1.50 percent after the expected rate hike.
VirtualBank Money Market Account rates are now at 0.65 percent with a yield of 0.65 percent. View current Money Market Account rates at VirtualBank below. Read more...
VirtualBank Money Market Account rates are now at 0.68 percent with a yield of 0.68 percent. View current Money Market Account rates at VirtualBank below. Read more...
VirtualBank 2 Month Jumbo CD rates are now at 0.15 percent with a yield of 0.15 percent. View current 2 Month Jumbo CD rates at VirtualBank below. Read more...
VirtualBank Money Market Account 50K rates are now at 0.73 percent with a yield of 0.73 percent. View current Money Market Account 50K rates at VirtualBank below. Read more...
By now you must have heard the news that the Federal Reserve will increase their key-benchmark interest rate in 2015. When the federal funds rate is increased, CD rates and other bank rates will also increase. Higher rates is good news but you should position your CD investments for higher rates.If you have any certificate of deposit accounts maturing over the next 6 months you should invest in shorter term CDs. This is especially true for long term CD accounts maturing, most banks will automatically roll over your CD into another long term CD.So pay attention to the maturity dates, the last thing you want to do is lock into another 5 year CD at 2.50 percent. You'll have to either watch rates move above the low rate you locked-in or pay an early withdrawal penalty. By the end of 2015, or by early 2016, 1 year CD rates will probably be at 2.50 percent. Read more...
Current certificate of deposit rates are stable as we head into the third month of 2015. Some financial institutions have increased CD rates but there are no new highs on the rate tables this week. That will change in the coming months as the Federal Reserve increases the fed funds rate. A higher fed funds rate will lead to higher deposit rates.Listed below are current CD rates for February 26, 2015:3 Month RatesRead more...
Colorado Federal Savings Bank has joined Synchrony Bank with the top rate this week, offering the highest 1 year rate available at 1.09 percent with an APY of 1.10 percent. We also have a dozen banks on our CD rate table offering 12 month CD rates at or above 1.00 percent.Over the past several months, banks have increased longer term certificate of deposit rates, hoping to attract deposits and locking those deposits in at low rates. State Farm Bank and EverBank slightly increased their 3 year and 4 year rates, pushing their rates at or near the top of rates available for those terms.EverBank's 3 year rate is now tied with ConnectOne Bank's 3 year rate at 1.45 percent with an APY of 1.46 percent. State Farm's 3 year rate is 1 basis point lower at 1.44 precent with an APY of 1.45 percent. EverBank's 4 year CD rate was increased to 1.83 percent with an APY of 1.85 percent, putting them at the top with the best 4 year rate along with CIT Bank and Nationwide Bank. State Farm's 4 year rate is lower at 1.73 percent with an APY of 1.75 percent. Read more...
Average savings rates and money market rates continue to fall ever so slightly this month. While average rates have moved lower, savvy savers can find deposit rates much higher than the averages. The best rate deals these days are from online banks which offer rates much higher than the averages and much higher than traditional brick and mortar banks.The national average savings rate/money market rate this week as reported by MonitorBankRates.com is at 0.45 percent. The FDIC national average rate is much lower at 0.06 percent. The FDIC's national average money market rate is slightly higher at 0.08 percent. Compare these rates to the best savings rates and money market rates offered on our rate tables this week.Best Savings RatesRead more...
AIG Bank, the banking arm of the giant insurance company AIG, is offering some of the best money market account rates that beat most of the money market rates and savings rates that are currently available.
Navy Federal Credit Union (NFCU) is offering some of the best CD rates available right now from any bank or credit union. Regular share certificates of deposit have terms of 1 year to as many as 7 years. Jumbo certificates of deposit are available with terms ranging from 6 months to 7 years.
Most people have to choose health maintenance organizations (HMOs) plans from HMOs their employer is offering. Unfortunately this limits your choice of insurance companies and as a result your health insurance rates are probably higher.
AIG Bank, the banking arm of the giant insurance company AIG, is offering some of the best money market account rates that beat most of the money market rates and savings rates that are currently available.
Online savings rates continue to move higher during the first week of 2019 as several banks increased rates. The best online savings rate for the first week of 2019 goes to CIT Bank with a rate of 2.45 percent on their Savings Builder savings account. The minimum opening deposit is $25,000.The second best online savings rate goes to MySavings Direct at 2.40 percent with minimum opening deposit of only $1.00.The third highest online savings rate is at 2.36 percent from Popular Direct and VirtualBank. Vio Bank and PurePoint Financial are tied with the fourth best savings rate at 2.35 percent. Rounding out the top 5 
The best 
The best 12 month CD rates in December 2018 are moving higher and might hit 3.00 percent before the end of the year. The bank that currently has the absolute best 12 month CD rates on the rate table now is VirtualBank with a rate of 2.86 percent, only 14 basis points below 3.00 percent. Three other banks have the second best 1-year CD rates for December 2018. Limelight Bank, Live Oak Bank, and Popular Direct are all offering 12 month CD rates at 2.85 percent. Rounding out the top 5 December CD rates is Merrick Bank with 12 month CD rates at 2.84 percent. 
Another recent milestone is seeing 3 year CD rates hit 3.00 percent for the first time in nearly a decade. M.Y. Safra Bank, FSB, is the latest bank to increase their 3 year rates. M.Y. Safra Bank now has their 3 year rate at 2.97 percent with a yield of 3.00 percent.
We just reached a new milestone for 12 Month CD rates in 2017 as rates continue to inch higher. Crestmark Bank is now offering 12 Month CD rates at 1.80 percent. Just about two months ago, we reported a new high for 1 year CD rates at 1.70 percent. That new high was also from 
Between this Fed meeting and the last meeting in July, we have witnessed several new highs for short term CD rates. 1 year CD rates already made two new highs in the month of September. On September 5th, we reported the 
Most people have to choose health maintenance organizations (HMOs) 
