Best CD Rates (Updated!)

With online savings accounts interest rates falling lower by the minute, I decided to put together a list of the best certificate of deposit (CD) rates. Based upon my experiences and reader feedback, I’ve put together a list of the best / most popular cd rates (certificate of deposit rates) in my original post below. I’ll continue to update that list.

But you can also compare the highest cd rates in this table which displays the highest interest rates across 200+ banks. This table is updated daily.

Term Rate APY Min. To Earn APY Details
1 year 2.90% $50 Special Easy Start Certificate-$3,000 maximum balance-must have direct deposit of net pay-Navy FCU checking and monthly automatic deposit of at least $15-See site for membership eligibility details.
1 year 1.59% 1.60% $500 Membership is open to employeess and students of school districts in the Michigan counties of Wayne and Monroe, as well as select businesses, family members and retirees. See site for details.
1 year 1.55% $1
1 year 1.54% 1.55% $1,000 Relationship CD – Limited to Georgia cutomers only
1 year 1.55% $500 Online CD with Loyalty Checking Account – Must maintain primary checking with Flagstar Bank, average of 15 transactions or $250 recurring ACH transactions per month
1 year 1.54% 1.55% $1,000
1 year 1.50% 1.51% $5,000 New accounts available for Maryland residents only – must open in person
1 year 1.49% 1.51% $3,000 Fixed Rate CD
1 year 1.50% 1.51% $1,000 12 Month CD
1 year 1.50% 1.51% $500 12 Month CD
1 year 1.50% 1.51% $1,000 12 Month CD – Located in Oklahoma
1 year 1.50% 1.51% $1,000
1 year 1.50% 1.51% $1,000 For balances under $100,000 – must sign account documents in branch – Colorado market area
1 year 1.50% 1.51% $5,000 Share Certificate – contact Melrose CU for opening paperwork
1 year 1.50% 1.51% $20,000 Tiered rates apply, APY valid for balances $20,000 and over
1 year 1.50% 1.50% $1,000 12-17 Month CD – Located in Florida
1 year 1.49% 1.50% $1,000
1 year 1.49% 1.50% $500
1 year 1.49% 1.50% $250
1 year 1.49% 1.50% $1,000
1 year 1.49% 1.50% $500
1 year 1.47% 1.48% $1,000 Term 12 to 23 months
1 year 1.46% $1,000 12 Month CD
1 year 1.45% 1.46% $1,000
1 year 1.45% 1.46% $2,500 Giant Personal CD
1 year 1.44% 1.45% $5,000 Online CD
1 year 1.45% $500
1 year 1.44% 1.45% $2,500
1 year 1.43% 1.44% $1 High-Yield CD
1 year 1.42% 1.43% $1,000 Rates effective on balances up to $4,999
1 year 1.41% 1.42% $500
1 year 1.40% 1.41% $250
1 year 1.40% 1.41% $2,500 Limited to local Nebraska market area
1 year 1.40% 1.41% $2,500 High Yield CD – FDIC insured with no market risk. Open an account online or by phone!
1 year 1.40% 1.41% $10,000 eCD rates for online account only
1 year 1.39% 1.40% $100
1 year 1.38% 1.39% $500 12 Month CD – Located in Wisconsin
1 year 1.35% 1.36% $1,000
1 year 1.35% 1.36% $1,000
1 year 1.34% 1.35% $10,000 Personal CD – APY for balances under 100K
1 year 1.34% 1.35% $1,000 12 month CD
1 year 1.35% 1.35% $1,000
1 year 1.35% 1.35% $500 Interest compounds at maturity
1 year 1.35% 1.35% $500 Rate effective for balances up to $9,999.99 – tiered rates apply
1 year 1.35% 1.35% $100 12 Month CD – Located in Kentucky
1 year 1.35% 1.35% $1,000 Local funds only, contact retail offices in Ohio
1 year 1.31% 1.32% $1,000 12 Month CD
1 year 1.30% 1.31% $1,000
1 year 1.30% 1.31% $500 12 Month CD
1 year 1.29% 1.30% $500 Rates effective 09/06/2010
1 year 1.30% $500
1 year 1.29% 1.30% $2,500 Located in Bristow, OK
1 year 1.29% 1.30% $1,000 Branch and Call Center CD Rates/Southern CA residents only
1 year 1.30% 1.30% $1,000
1 year 1.30% $500 Membership is limited to select employer groups. See website for complete list of eligible employers.
1 year 1.29% 1.30% $1,000 Online CD
1 year 1.29% $1,000
1 year 1.25% 1.26% $1,000
1 year 1.25% 1.26% $1,000
1 year 1.26% $1,000 Money Market CD-membership is open to U.S. military
1 year 1.25% 1.26% $500
1 year 1.25% 1.26% $1,000 Non-auto renew 1 Year CD
1 year 1.26% $1,000 Located in Texas
1 year 1.24% 1.25% $500
1 year 1.25% 1.25% $1,000 Located in Iowa
1 year 1.25% 1.25% $1,000
1 year 1.24% 1.25% $10,000
1 year 1.24% 1.25% $1,000 12 month CD
1 year 1.24% 1.25% $1,000 Renewable CD
1 year 1.24% 1.25% $1 Personal CD 12 – 23 Month – open online, $5,000 to open
1 year 1.24% 1.25% $250 Located in MN
1 year 1.24% 1.25% $500 12 Month CD
1 year 1.25% $500
1 year 1.24% 1.25% $500
1 year 1.20% 1.21% $1,000 Single Maturity CD
1 year 1.21% $1,000 Internet CD – California only
1 year 1.20% 1.21% $1,000 12 Month CD
1 year 1.19% 1.20% $5,000
1 year 1.20% $500 Promotion CD – only available to existing customers, limited to local western New York market area
1 year 1.19% 1.20% $1,000
1 year 1.20% 1.20% $500
1 year 1.18% 1.20% $1,000 Download a Certificate by Mail application form to open account – must reside in New Jersey or in Bucks County, Pennsylvania
1 year 1.19% 1.20% $1,000
1 year 1.19% 1.20% $500
1 year 1.15% 1.16% $500
1 year 1.14% 1.15% $1,500 Yield Pledge CD
1 year 1.14% 1.15% $1,000 12 month CD – tier $1,000
1 year 1.15% $5,000
1 year 1.15% 1.15% $2,500
1 year 1.15% 1.15% $10,000 12 Month CD Tier $10,000 – $99,999
1 year 1.14% 1.15% $2,500 Account available nationwide. Application available online – contact bank for more details.
1 year 1.15% 1.15% $1,000
1 year 1.14% 1.15% $2,500 Relationship Banking CD – 12 Month Variable Rate – $5,000 minimum daily balance in Relationship Account, or $15,000 in Fulton Bank deposits or $20,000 combined deposit and loan balances- rates vary by geographic location. Rate collected within 10025
1 year 1.14% 1.15% $1,000 Rates and terms specific to accounts opened online
1 year 1.10% 1.11% $500 12 Month CD – Less than $100,000 – Rate collected within: 10025 (NY)
1 year 1.10% 1.11% $10,000 12-month renewable
1 year 1.10% 1.11% $500 12 Month CD – Less than $100,000 – Rate collected within: 60625 (IL)
1 year 1.10% 1.11% $500 12 Month CD – Less than $100,000 – Rate collected within: 94115 (CA)
1 year 1.10% 1.10% $1,000 12 Month CD – less than $10,000
1 year 1.10% 1.10% $10,000 eSavings CD – Earn 1.10% APY for 12 months if you maintain $10,000 balance, $100 to open
1 year 1.10% 1.10% $1,000 12 – 17 month CD
1 year 1.09% 1.10% $1,000 12 month CD
1 year 1.09% 1.10% $500 Fixed Rate
1 year 1.09% $500 12 – 17 Month CD – Rate collected within: 49201 (MI)
1 year 1.05% 1.06% $1,000 12 Month CD
1 year 1.06% 1.06% $1,000
1 year 1.05% 1.06% $200
1 year 1.04% 1.05% $5,000 Promotional CD – New money only
1 year 1.05% $1,000 CD special – Rate collected within 60625
1 year 1.04% 1.05% $1,000 12 – 23 Month CD
1 year 1.05% 1.05% $1,000 12 Month Relationship CD – requires a First State Bank of Wyoming checking account
1 year 1.05% 1.05% $500 Central New York market area only
1 year 1.05% 1.05% $500 12 Month CD
1 year 1.05% 1.05% $1,000
1 year 1.05% $1,000
1 year 1.03% 1.05% $1,000
1 year 1.01% 1.01% $1,000 Fixed Rate CD Tier $1,000 – $94,999 – USAA Bank is a member based bank providing services to active and retired military personnel and their families. Most banking products are available to the general public. See website for details.
1 year 1.01% 1.01% $10,000 Must be opened online to get this rate. Rate based on Texas area. Rate may vary by location.
1 year 1.00% 1.01% $1,000 Limited to local New York market area
1 year 0.98% 1.00% $500 Enter a new note
1 year 0.98% 1.00% $500 Rate collected within: CT
1 year 1.00% 1.00% $500 12-17 month CD
1 year 1.00% $1 Orange CD
1 year 0.98% 1.00% $500 Rate collected within: NJ
1 year 1.00% 1.00% $1,000
1 year 1.00% $1,000 12-24 month CD
1 year 1.00% 1.00% $1,000
1 year 0.98% 1.00% $500 Rate collected within: NY
1 year 1.00% 1.00% $500
1 year 1.00% 1.00% $1,000 365 Day CD – Tier $1,000 – $10,999 – Located in TX
1 year 1.00% $500
1 year 0.99% 1.00% $500
1 year 1.00% 1.00% $1,000
1 year 1.00% 1.00% $1,000 Regular CD – Rate collected within: Fargo ND
1 year 1.00% 1.00% $500 12 Month CD
1 year 1.00% 1.00% $500 Limited time offer CD special. Bank located in Massachusetts
1 year 1.00% 1.00% $1,000
1 year 1.00% 1.00% $1,000 Unity Gold One Year E-CD – Available Online only
1 year 1.00% 1.00% $1,000 iCertificate of Deposit
1 year 0.95% 0.97% $500
1 year 0.95% 0.95% $500
1 year 0.95% $2,500 Rate/APY may vary by location
1 year 0.95% 0.95% $500
1 year 0.95% 0.95% $500 12 Month CD – Rate collected within: Northern CA
1 year 0.95% 0.95% $500 Enter a new note
1 year 0.95% 0.95% $500 12 month CD – Rate collected within Birmingham, AL
1 year 0.95% 0.95% $1,000 Collected within Oklahoma
1 year 0.95% 0.95% $500 12 month CD – Rate collected within Jacksonville, FL
1 year 0.95% 0.95% $500 12 month CD – Rate collected within Northern CA
1 year 0.95% $10,000 Tier rates apply, APY valid for opening deposits between $10,000 and $24,999
1 year 0.95% 0.95% $1,000
1 year 0.94% 0.94% $10,000
1 year 0.90% 0.90% $1,000 12 Month CD
1 year 0.90% 0.90% $1,000 12 Month CD
1 year 0.90% 0.90% $500
1 year 0.90% 0.90% $500 12 Month CD
1 year 0.90% 0.90% $1,000 12 Month CD
1 year 0.90% 0.90% $1,000
1 year 0.90% 0.90% $10,000 1 Year CD – $10,000.01 – $50,000
1 year 0.90% 0.90% $1,000
1 year 0.90% 0.90% $1,000 12 Month CD
1 year 0.90% 0.90% $1,000
1 year 0.90% $500 Rate collected in zip code 60625, rate may vary by location.
1 year 0.90% 0.90% $2,500 1 Year to 23 Month CD Tier $2,500 – $49,999
1 year 0.90% 0.90% $1,000 Rate effective for balances up to $99,999.99 – tiered rates apply thereafter.
1 year 0.90% 0.90% $1,000 12 Month CD
1 year 0.90% 0.90% $500 Relationship Banking CD – $5,000 minimum daily balance in Relationship Account, or $15,000 in Fulton Bank deposits or $20,000 combined deposit and loan balances- rates vary by geographic location. Rate collected within 10025
1 year 0.90% 0.90% $2,500 Regular CD – 12 Month Variable Rate – rates vary by geographic location. Rate collected within 10025
1 year 0.90% 0.90% $1,000 Regular CD – Can open Online – Bank Located in PA
1 year 0.85% 0.87% $1,000 12 month CD – tier $1,000 to $4,999
1 year 0.85% 0.85% $1,000 Accounts can be opened with an Allstate agent or by online application
1 year 0.85% 0.85% $500 12 Month CD
1 year 0.85% $1,000 Select Promo 12 Month CD – Requires an M and T Select or Select with Interest checking account – Rate collected within: 60625 (IL)
1 year 0.85% $1,000 Select Promo 12 Month CD – Requires an M and T Select or Select with Interest checking account – Rate collected within: 94115 (CA)
1 year 0.85% $1,000 Select Promo 12 Month CD – Requires an M and T Select or Select with Interest checking account – Rate collected within: 10025 (NY)
1 year 0.85% 0.85% $500
1 year 0.85% 0.85% $1,000
1 year 0.85% 0.85% $500 12-23 Month CD – Located in Vermont
1 year 0.85% 0.85% $10,000
1 year 0.80% 0.80% $500 12 Month CD
1 year 0.80% 0.80% $1,000 12 Month CD – Located in Pennsylvania
1 year 0.80% $500
1 year 0.80% 0.80% $1,000 Regular CD – Under $100,000
1 year 0.80% $500 eCD – APY’s may vary by state
1 year 0.80% $500 1 Year Regular CD – No minimum balance required to earn stated APY
1 year 0.80% 0.80% $500
1 year 0.80% $0 APY for balances up to $999
1 year 0.80% 0.80% $1,000 Internet CD
1 year 0.80% 0.80% $1,000 12 Month CD
1 year 0.78% 0.78% $1,000
1 year 0.75% 0.76% $500 12 Month CD Tier $500 – $49,999
1 year 0.75% 0.75% $500
1 year 0.75% 0.75% $1,000 12 Month CD
1 year 0.75% 0.75% $500
1 year 0.75% 0.75% $2,500 Rate for balances up to $99,999
1 year 0.75% 0.75% $1,000
1 year 0.75% $10,000 Bank by Mail CD
1 year 0.75% $500
1 year 0.75% 0.75% $10,000 12 Month CD
1 year 0.75% 0.75% $1,000
1 year 0.75% 0.75% $500
1 year 0.75% 0.75% $10,000 Personal Internet CD – open online
1 year 0.75% 0.75% $1,000 Gold CD – Requires a Gold Checking account. If the Gold Checking account is closed, the interest rate may be reduced to the non-gold rate.
1 year 0.75% 0.75% $10,000 from CentennialBank.com
1 year 0.75% 0.75% $1,000 12-17 Month CD – Accounts under $100,000 – Rate collected within Chicago, IL
1 year 0.75% 0.75% $1,000
1 year 0.75% 0.75% $1,000
1 year 0.71% $500 11 Month CD – Located in Kentucky
1 year 0.70% 0.70% $500 Regular CD – Limited to New York market area
1 year 0.70% $10 Online only
1 year 0.70% 0.70% $500 12-17 month CD – tier $500 to $9,999
1 year 0.70% 0.70% $1,000 Rate collected within: MO
1 year 0.70% 0.70% $1,000 Rate collected within: KY
1 year 0.70% 0.70% $1,000
1 year 0.70% 0.70% $500
1 year 0.70% 0.70% $1,000 Rate collected within: IL
1 year 0.70% 0.70% $500 12 Month CD Tier $500 – $9999 – Located in Wisconsin
1 year 0.70% 0.70% $500 12 Month CD
1 year 0.70% 0.70% $500 12 Month CD
1 year 0.70% 0.70% $1,000 12 Month CD
1 year 0.67% 0.67% $1,000 12 Month CD
1 year 0.65% 0.65% $1,000 12 Month CD Tier $1,000 – $9,999 – Apply online or at branch
1 year 0.65% 0.65% $1,000
1 year 0.65% 0.65% $1,000 12 Month CD
1 year 0.65% 0.65% $10,000 Standard 12-17 Month CD – Tier Less than $10,000 – Rate collected within: NY
1 year 0.65% 0.65% $500 12 Month CD – Rate collected within PA
1 year 0.65% 0.65% $1,000 Standard 12-17 Month CD – Tier Less than $10,000 – Rate collected within: IL
1 year 0.65% 0.65% $1,000
1 year 0.65% 0.65% $500 12 Month CD – Rate collected within NJ
1 year 0.65% 0.65% $1,000 Standard 1 Year to 23 Month CD – Tier Less than $10,000 – Rate collected within: CA
1 year 0.65% 0.65% $1,000
1 year 0.63% 0.64% $5,000 Regular CD – South Shore Massachusetts market area
1 year 0.62% 0.62% $1,000
1 year 0.60% 0.60% $350 12 – 17 Month CD, Tier $350 – $999
1 year 0.60% 0.60% $500
1 year 0.60% 0.60% $500 1 Year CD – Tier below $10,000 – Online account only
1 year 0.60% $1,000 12 month CD
1 year 0.60% 0.60% $500 New customers must open in branch-limited to Georgia
1 year 0.60% 0.60% $500 Time Deposit Account – Interest rate is fixed of the term for the account – Rate collected within CA
1 year 0.60% 0.60% $500 Time Deposit Account – Interest rate is fixed of the term for the account – Rate collected within AZ
1 year 0.60% $500 Rate collected within: Whatcom County, WA
1 year 0.60% 0.60% $500
1 year 0.60% 0.60% $500 Time Deposit Account – Interest rate is fixed of the term for the account – Rate collected within CO
1 year 0.57% 0.58% $1,000 12 Month CD
1 year 0.55% 0.55% $1,000 12 Month Fixed Rate CD Only – Rate collected within: 94115 (CA)
1 year 0.55% $1,000 Time Deposit Tier $1,000 – $9,999 – Receive an added .25% to the quoted APY when you open a checking account with direct deposit, bonus also available to existing direct deposit checking customers – Located in CA
1 year 0.55% 0.55% $1,000 12 Month Fixed Rate CD Only – Rate collected within: 60625 (IL)
1 year 0.55% 0.55% $1,000 12-17 Month CD – Accounts under $100,000 – Rate collected within Philadelphia, PA
1 year 0.55% 0.55% $1,000 12 Month Fixed Rate CD Only – Rate collected within: 10025 (NY)
1 year 0.55% 0.55% $1,000 Tier $1,000 – $9,999 – Located in New York
1 year 0.52% 0.52% $500 12 Month CD – SSB does not accept CD or Savings applications out of the Superior WI and surrounding area unless there is previous or existing account on record
1 year 0.50% 0.50% $5,000 Non-Jumbo CD – Rate collected within: 94115 (CA)
1 year 0.50% 0.50% $1,000
1 year 0.50% 0.50% $500 12-23 Month CD
1 year 0.50% 0.50% $500 12 – 17 Month Fixed Rate CD Tier $500 – $49,999
1 year 0.50% $1,000 Regular 12 Month CD – Open online
1 year 0.50% 0.50% $5,000 Non-Jumbo CD – Rate collected within: 10025 (NY)
1 year 0.50% 0.50% $1,000 Located in TX, Fixed Rate-Money Market CD with limited check writing privileges.
1 year 0.50% 0.50% $500
1 year 0.50% 0.50% $1,000
1 year 0.50% $15,000 APY for balances up to $24,999
1 year 0.50% 0.50% $500 12-17 Month Auto CD
1 year 0.50% 0.50% $5,000 Non-Jumbo CD – Rate collected within: 60625 (IL)
1 year 0.50% 0.50% $500
1 year 0.50% 0.50% $500
1 year 0.45% 0.45% $500 12 Month Rising Rate CD – $500 – $9,999 – Rate collected within: 94115 (CA)
1 year 0.45% 0.45% $500 12 month Rising Rate CD – $500-$9999 – Rate collected within: 94115 (CA)
1 year 0.45% 0.45% $500 12 month Rising Rate CD – $500-$9999 – Rate collected within: NY
1 year 0.45% 0.45% $1,000 Located in Massachusetts
1 year 0.40% $1,000 1 year Fixed Rate CD Tier $0 – $2,499 – Rate collected in: 10025 (NY)
1 year 0.40% $2,000 APY for balances up to $14,999
1 year 0.40% 0.40% $1,000 12 Month CD – Rate collected within: 94115 (CA)
1 year 0.40% 0.40% $1,000 12 Month CD – Rate collected within: 60625 (IL)
1 year 0.40% 0.40% $1,000 12 Month CD – Rate collected within: 10025 (NY)
1 year 0.40% $1,000 1 Year Plus 1 Day CD – Option to increase APY with HSBC Premier or Plus Checking – Stated rate is for accounts opened at an HSBC branch or by phone
1 year 0.40% 0.40% $10,000 12-23 Month CD – Limited to Iowa residents only, other restrictions may apply
1 year 0.40% $250 No Catch 12 Month CD – Rate collected within: Washington DC
1 year 0.40% $250 No Catch 12 Month CD – Rate collected within: Florida (FL)
1 year 0.40% $1,000 1 year Fixed Rate CD Tier $0 – $2,499 – Rate collected in: 60625 (IL).
1 year 0.40% $250 No Catch 12 Month CD – Rate collected within: New York NY
1 year 0.40% 0.40% $1,000 12 Month CD
1 year 0.40% 0.40% $1,000 12 Month CD Tier $1,000 – $4,999
1 year 0.35% 0.35% $1,000
1 year 0.35% 0.35% $1,000 1 Year CD – Less than $100,000
1 year 0.35% 0.35% $1,000 Regular CD
1 year 0.35% 0.35% $1,000 1 Year CD Tier – Up to $9,999 – Rate collected within: 60625 (IL)
1 year 0.35% 0.35% $1,000 1 Year CD Tier – Up to $9,999 – Rate collected within: 10025 (NY)
1 year 0.35% 0.35% $1,000 1 Year CD Tier – Up to $9,999 – Rate collected within: 94115 (CA)
1 year 0.35% $1,000 Rate applies to balances from $1,000 to $99,999.99. Tiered rates apply.
1 year 0.30% 0.30% $10,000 12 – 24 Month Standard CD Tier $10,000 – $24,999 – Rate collected within: 60625 (IL)
1 year 0.30% $1,000 Standard CD – Rate collected within: 10025 (NY)
1 year 0.30% $1,000 Standard CD – Rate collected within: 19140 (PA)
1 year 0.30% $1,000 Standard CD – Rate collected within: 02144 (MA)
1 year 0.30% $1,000 Fixed Rate CD Tier $0 – $2,499 – Rate collected in: 94115 (CA)
1 year 0.30% $1,000 Fixed Rate CD Tier $0 – $2,499 – Rate collected in: 94115 (CA)
1 year 0.30% $1,000 Standard CD – Rate collected within: 10025 (NY)
1 year 0.25% 0.25% $1,000 12 Month CD
1 year 0.23% 0.23% $1,000 12 month Standard Rate CD < $100K - $1,000 - $9,999 - Rate collected within: 49120 (MI)
1 year 0.20% 0.20% $1,000 12 – 17 Month Standard CD – Non Relationship Rate – Rate collected within: 94115 (CA)
1 year 0.20% 0.20% $2,500 12 Month Key Tiered CD with Relationship Reward – Must have a KeyBank checking account – $2,500 -$9,999 – Rate collected within: 44125 (OH)
1 year 0.20% $2,500 Standard 1 Year CD Tier $2,500 – $9,999 – Rate collected within: CA
1 year 0.20% 0.20% $1,000 12 – 17 Month Standard CD – Non Relationship Rate – Rate collected within: 10025 (NY)
1 year 0.20% 0.20% $1,000 12 – 17 Month Standard CD – Non Relationship Rate – Rate collected within: 60625 IL)
1 year 0.20% 0.20% $1,000 Regular CD – Located in MA
1 year 0.20% 0.20% $500 12 Month Base CD – Higher rates available for checking customers
1 year 0.20% $2,500 Standard 1 Year CD – Tier $2,500 – $9,999 – Rate collected within: NY
1 year 0.20% $2,500 Standard 1 Year CD – Tier $2.500 – $9,999 – Rate collected within: IL
1 year 0.20% 0.20% $2,500 12 Month Key Tiered CD with Relationship Reward – Must have a KeyBank checking account – $2,500 -$9,999 – Rate collected within: 10025 (NY)
1 year 0.20% 0.20% $1,000 12 Month Standard Rate CD <100K - $1,000 - $9,999 - Rate collected within: 43215 (OH)
1 year 0.20% 0.20% $1,000 12 month Standard Rate CD < $100K - $1,000 - $9,999 - Rate collected within: 41017 (KY)
1 year 0.20% $2,500 Standard 1 Year CD Tier $2,500 – $9,999 – Rate collected within: IL
1 year 0.20% 0.20% $2,500 12 month Key Tiered CD with Relationship Reward – Must have a KeyBank checking account – $2,500 -$9,999 – Rate collected within: 98101 (WA)
1 year 0.20% $2,500 Standard 1 Year CD Tier $2,500 – $9,999 – Rate collected within: NY
1 year 0.20% $2,500 Standard 1 Year CD – Tier $2,500 – $9,999 – Rate collected within: CA
1 year 0.15% 0.15% $500 12 – 17 Month CD – Rate collected within: 63102 (MO)
1 year 0.15% $500 Tiered rates – Stated rate applies to balances $500 – $9,999
1 year 0.10% 0.10% $2,500 12 Month Key Tiered CD without Relationship Reward – $2,500 -$9,999 – Rate collected within: 10025 (NY)
1 year 0.10% 0.10% $2,500 12 Month CD Tier $2,500 – $9,999 – Without Relationship – Rate collected within: 10025 (NY)
1 year 0.10% 0.10% $2,500 12 Month Key Tiered CD without Relationship Reward – $2,500 -$9,999 – Rate collected within: 44125 (OH)
1 year 0.10% 0.10% $2,500 12 Month Key Tiered CD without Relationship Reward – $2,500 -$9,999 – Rate collected within: 98101 (WA)

See all bank rate listings

What follows is a list of the best CD rates at ten well-known, nationally-available banks. Rates are for 12 months CDs unless otherwise indicated I’ve sorted the list based on APY, and have also indicated the minimum deposit to open a CD.

Best CD Rates (12 Month Term)

(All CD rates current as of 09/07/2010)

Bank CD Rate Minimum
Everbank 1.15% $1,500
ING Direct 1.00% $1
Ally Bank effective 09/07/2010 1.44% $1
Bank of Internet 1.48% $1,000
Discover Bank 1.45% $2,500
HSBC Direct 0.70% $10
Citibank 0.70% $500

*Rate applies to sixteen month CDs.

For the sake of comparison, check out my list of the best online savings account interest rates. Right now, there’s not a whole lot of difference. However, the CD rates listed here can be locked in such that they won’t drop over the next year. With savings accounts, things may well get worse before they get better.

Finally, if you’re looking for a higher yield and don’t mind taking on some additional risk, you might want to check out Lending Club. It’s not FDIC-insured, but annual returns have been averaging 9.61% — far better than the best CD rates on the market. It’s free to open an account, and you can get started with as little as $25.

Published on July 15th, 2009 - 3 Comments
Filed under: Banking, Saving & Investing
email this article email this article - bookmark it

About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!

Related articles...

» Another Fed Rate Cut – Time to Load up on CDs?
» Using CDARS to Protect Large Deposits
» What are “No Penalty” CDs?
» Locking in Long Term CDs in a Low Rate Environment
» Investment Performance: CDs vs. Stocks
» Series I Savings Bonds Now Paying 3.36%
» ING Direct “Added Value” CDs
» Ally Bank Ten Day CD Rate Guarantee

Was this article useful? Please sign up to receive our content via e-mail:

You will receive only the daily updates, and can unsubscribe at anytime.

3 Responses to “Best CD Rates (Updated!)”

  1. 1
    GaelicWench Says:

    I didn’t look to see if one would be better over the other, but wouldn’t it make more sense to invest in the savings installment-type of savings account, such as what Wilshire Bank offers? I know there’s always the possibility of rates getting cut, but if you go with one year, like you mentioned in your post, the risk is low.

    Just a thought….

  2. 2
    no brainer Says:

    I was shocked to see that American Express offer a 1.49%. I am going to try out for a year and see how the market is next year. Have you tried the Lending Club, it seems really good but it also seems very uncertain.

  3. 3
    Carol Says:

    We’re definitely looking for ways to store our money at a better rate, now that our house is going to be paid off in a couple months. The money will start piling up once we’re no longer making a mortgage and extra principal payment every month. We have a pretty high savings rate right now – it’s one of those high rate checking accounts. But it maxes out at $30K; won’t pay interest on balances above that. We’ve already maxed out that account. But I had hopes that CD rates would be higher than the ones on here. Bummer.

Leave a Reply

Financial Shopping Center

Mortgage rates are at an all-time low

Earn interest on your savings

Find lower insurance rates

Featured Credit Cards

Signup for free Newsletter

FiveCentNickel User Survey