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% this 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.
February 22nd 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%
February 15th 2015
Top 6-month CD rate rebounds to 2014 high
Don't get stuck with an average 6-month CD paying just 0.16% APY. We've scoured the country to find the best local and national deals on these popular, short-term certificates of deposit. This is how to earn four times more than average on your savings.
February 1st 2015
Best 3-year CD rates start at over 2%
The best nationally available 36-month CD rate is 1.70% APY from iGObanking. 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.
Top 5-year CD rates disappoint in early 2015
The best nationally available return has fallen from 2.35% APY to 2.30% APY this month. But we know where to look for the best national and local deals, which are still paying up to 2.5% APY. Why settle for less on your 5-year certificates of deposit?
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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.