MONTHLY RATE OF INTEREST ON COD FOR 3MONTH TO ONE YEAR?

MONTHLY RATE OF INTEREST ON COD FOR 3MONTH TO ONE YEAR?
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Answer :

The monthly rate fo interest on a certificate of deposit varies by maturity and also by the bank. Interest rates in the United States are close to an all-time low and consequently, rates on COD's will be low. The average interest rate for a 3 month COD right now is .20%. The average interest rate for a 6 month COD right now is .40%. And the average rate for a 12 month COD right now is .80%.
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