Sovereign Bank CD Rates and CD Yields

Sovereign Bank is offering an 18 month special promotional CD rate. The current 18 month CD rate is 1.24 percent with a CD yield of 1.85 percent. The minimum deposit for both certificates of deposit is only $500.

Sovereign Bank's 18 month promotional certificate of deposit has the following account benefits:

  • Quarterly statements available upon request

  • Reinvest the interest payments back into the certificate of deposit, or have it deposited into a qualifying account

  • FDIC insured for up to $250,000

You will need to provide the following information to open a certificate of deposit account with Sovereign Bank.

  • Social Security number

  • Current address and prior address(es) if you have lived at your current address for less than two years

  • Driver’s license number

  • Employment Information

  • Email address

Sovereign Bank is also advertising Choose your term certificate of deposit rates, Individual Retirement Account CD rates and their Rising Rate CDs CD rates.

For more information about Sovereign Bank's bank CD rates and a list of current CD interest rates go to  Sovereign Bank.

Author: Stacy Everest
February 19th, 2011