CDs - Which are the best?
Bank CD rates, highest yield CDs and certificate of deposit interest rates.
Comparing interest rates and compounding methods on different CDs can be confusing. The annualized percentage yield (APY) takes both into consideration and makes comparison much easier.
CD Rates Advice
Top 12-month CD rates rise then fall in early 2015
The best nationally available return surged to 1.30% last month, before falling back to to 1.21%. But community banks and credit unions are offering local deals that pay as much as 2.10% APY if you know where to look for them.
March 22nd 2015
Spring's best 3-year CD rates start at over 2%
The best nationally available 36-month CD rate is 1.50% APY. But there are lots of local deals on these popular certificates of deposit that beat that and pay three to four times the average return. Don't settle for less when investing your money.
March 15th 2015
Top 5-year CD rates disappoint in early 2015
The best nationally available return has fallen back to 2.25% after rising as high as 2.50% last month. But we know where to look for the best national and local deals, which are still paying up to 2.55% APY. Why settle for less on your 5-year certificates of deposit?
March 8th 2015
February's leading 2-year CD rates start at 1.55%
Don’t invest a cent until you've checked out our rankings of the best-paying 2-year certificates of deposit. We've found local deals paying up to 1.55% and nationally available rates as high as 1.35%
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I Bond return jumps to 1.94%
The yield on these popular U.S. Savings Bonds will pay more than all but the best certificates of deposit over the next six months.
Where to find higher yields
The Federal Reserve seems determined to hold CD rates at record lows for at least the next 18 months -- maybe longer. So why not consider one of these options to boost your annual returns to 3%, 5% or even more.
Co-leader in 6-month CD rates makes big cuts
The big news in CDs comes out of California today, where one of our top-paying banks dropped its rates on 3-month, 6-month, 1-year and 2-year CDs. That's too bad because Pacific Mercantile Bank has often offered savers some of the best nationally available returns.
7 mistakes to avoid when investing in CDs
CD investment mistakes can cost you money and time. But these losses aren't inevitable if you know what to look for.