GBC International Bank offers three types of certificates of deposit accounts and an Individual Retirement Account (IRA). Each opportunity is shown in this product comparison table so you are able to decide which one is best suited for you.
| Account Features |
Certificates of Deposit
|
SMART
Certificates of Deposit
|
Platinum
Certificates of Deposit
|
Individual
Retirement Account (IRA)
|
| Minimum Opening Balance |
$2,500 |
$1,000 |
$10,000 |
$500 |
| Terms |
One month to 3 years |
1, 1.5, 2 or 3-year term |
12, 15, 18, 24, 36 month term |
One-year term |
| Fixed Rate Calculated Daily, Paid Monthly or Upon Maturity |
✔ |
✔ |
✔ |
✔ |
| Locks in an Interest Rate for a Selected Period |
✔ |
✔ |
✔ |
✔ |
| Early Withdraw Subject to Penalty |
✔ |
✔ |
✔ |
✔ |
| Higher Balances & Longer Terms Earn Higher Rate |
✔ |
✔ |
✔ |
✔ |
| Monthly Fixed Contribution can be Transferred in Increments of $100 for 12, 24, or 36 Consecutive Months |
✘ |
✔ |
✔ |
✘ |
| Eligible for One Time Rate Bump |
✘ |
✘ |
✔ |
✘ |
