Bank of Internet USA Paying 1.600% APY on 60-Month Jumbo CDs

Bank of Internet USA, is offering 1.600% APY on high interest 60-month jumbo CDs. Minimum deposit requirement to open a jumbo CD at most banks including this one is $100,000.

Bank of Internet USA offers CDs for flexible terms ranging from 3-months to 60-months. The minimum deposit required to open regular CDs is $1,000. The bank provides a service called FinanceWorks that allows you to tracks other existing bank accounts using your Bank of Internet USA account. You can use free mobile banking and online banking services to access your account at anytime and from anywhere around the world.