Bank CD Rates

If you are looking out to broaden your portfolio globally, EverBank World Currency CDs can make adding currencies a simple process and potentially rewarding. You earn interest in the currency of your choice and can benefit from the appreciation against the dollar. EverBank also offers competitive conversion rates within 1% of the available market rate for the currency of your choice.

There are no monthly account fees and the minimum deposit is US$10,000. For the Euro, the interest rate is 0.13% and an APY of 0.13% for all the 3, 6, 9, and 12 month terms. For the British pound the interest rate is 0.10% and an APY of 0.10% for all the 3, 6, 9, and 12 month terms. For the Canadian dollar the interest rate is 0.10% and an APY of 0.10% for all the 3, 6, 9, and 12 month terms. For the Hong Kong dollar the interest rate is 0.13% and an APY of 0.13% for the 3 and 6 month terms only. The Australian dollar has an interest rate of 1.60% and an APY of 1.61% for the 3 month term, 2.00% interest rate with an APY of 2.01% for the 6 month term, 2.25% interest rate with an APY of 2.26% for the 9 month term, and 3.00% interest rate with an APY of 3.00% for the 12 month term.

These world currency CD Rates are current as of posting date October 14, 2009. It is important to note that your deposit will be susceptible to gains as well as losses due to currency-price fluctuations. EverBank World Currency CDs are FDIC insured from bank failure up to $250,000.