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Very Best CD Rates as of 5/2/18 Home Page for the Highest CD Rates Current: Top CD Rate Survey - High Yield CD Rates |
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Historical
CD
Rates |
Our regular surveys of CD and Savings rates help you find the top rates offered by banks with FDIC insurance and credit unions with NCUA insurance. Best Savings Account Rates | iBonds EE Savings Bond Rates |
CDs
with FDIC from Banks You Can Trust | ||
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"Highest CD Rates Survey by Term"
(for a $10,000 Certificate of Deposit)
Our Historical CD Rate Survey Database
Quotes: US Treasury Rate Quotes Graphs: US Treasury Rates at a Glance Make sure you read the article: Beware of Annuities Bottom line: It never hurts to ask the teller if better rates are available when you do your homework! |
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You can often get higher
than advertised rates at your local branch if
you do your homework. Print out the "Highest CD Rate Survey" above
and bring it in with you. Also print
out some of the advertisements showing rates
advertised on your bank's competing web sites so
you have proof. (Make sure the date shows
on your printout so they know it is current.) It
costs money to get new accounts so Banks often
give you a deal if you are ready to walk out the
door with a cashier's check after you close
your CDRates
and terms may change so read the fine print
and make sure you get FDIC
insurance!!!!
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Find the best (highest
paying) CD rates from this survey. Top CD
Rates: This is our latest
survey of the APY interest rates paid for
certificates of deposit by term followed by a list
of all banks and credit unions in our database
that includes but is not limited to: Citibank,
BofA, Chase, Wachovia, Taunus, Wells Fargo, HSBC,
US Bancorp, Suntrust, ABN, Citizens Financial,
Capital One, National City, PenFed, World Savings
and many more.
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Survey of Rates by
Term Definition: A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest. Often there is a penalty for early withdrawal (taking your money out before the specified period of time.) Definition: A Liquid Certificate of Deposit gives you a CD rate that is usually better than most checking accounts while allowing more fluid access to your money. That is you can take money out of the CD before it matures. They usually pay higher rates than the offering bank's money market account but not the top rates of CDs held to the full term. They are sort of "half and half" and thus offer rates that are in-between the two. Rates and terms may change at any time. Contact the listed bank for their current rates. Warning: Banks and credit unions with high promotion rates to attract new deposits often have high early withdrawal penalties to recover the benefits should you need your money before the agreed upon term. Make sure you read the fine print before making a decision. If you think you might need some of your money before 5 years, for example, then you should consider splitting it into several CDs with multiple terms. Perhaps split the money into 5 CDs with terms of 1, 2, 3, 4 and 5 years. If you don't need the money when the 1 yr CD matures, you can roll it over into a new 5YR CD then do the same each year until you have a ladder of 5YR CDs that mature one per year. |