Variable Rate IRAs – District Of Columbia - May 23, 2012
Below are Variable Rate IRA CDs offered from banks that are located in District Of Columbia. Depending on the type of IRA you have, a variable rate IRA CD offers tax-free or tax-deferred interest. Unlike a Fixed Rate IRA CD, the interest from a VIRA CD can fluctuate depending on market and economic conditions even though the principle is FDIC insured. VIRAs are often preferred when interest rates are expected to rise as the yield on the CD can be adjusted upward over its term. Learn more about the benefits and drawbacks of a Variable Rate IRA CD.
| Bank | APY | Min Bal | Miles | More |
|---|---|---|---|---|
| Bank Of America, National Association | 0.30% | $1 | - | |
| John Marshall Bank | 0.25% | $1 | - | |
| Washingtonfirst Bank | 0.25% | $1 | - | |
| Branch Banking And Trust Company | 0.20% | $1 | - | |
| Amalgamated Bank | 0.20% | $10 | - | |
| Citibank, National Association | 0.20% | $1 | - | |
| Eaglebank | 0.10% | $100 | - | |
| Colombo Bank | 0.10% | $50 | - | |
| Hsbc Bank Usa, National Association | 0.10% | $1 | - | |
| Suntrust Bank | 0.05% | $2,000 | - | |
| Pnc Bank, National Association | 0.05% | $250 | - | |
| Wells Fargo Bank, National Association | 0.05% | $1 | - | |
| United Bank | 0.05% | $1 | - | |
| Td Bank, National Association | 0.05% | $1 | - | |
| Manufacturers And Traders Trust Company | 0.05% | $1,000 | - |
Banks listed above are FDIC insured. The FDIC insures each named individual's deposits to $250,000. To avoid exceeding FDIC insurance limits, please use the FDIC's EDIE function on its website.
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