Best CD Rate Finder

We here at Best CD Rates Today know that you’re always looking for the best deals available right now, so here’s an update on the nation’s best CD rates right now.  We’ll look at certificate of deposit terms for 6 month, 1 year, 2 year, 3 year and 5 year terms.  This should help you in finding a CD.

6 month term – The best CD rate for the six month term is Corus Bank’s 2.32% APY with a $10,000 minimum deposit.  A $1,000 minimum deposit can get you in on 2.26% APY CD rates at Nexity Bank in Alabama and $500 gets 2.25% APY at GMAC Bank.

1 year term – Finding CD rates for the 1 year term again takes us to Corus Bank in Chicago with a 2.76% APY and a $10,000 minimum deposit requiremtn.  GMAC Bank comes in next with CD rates of 2.75% for $500 minimum.

2 year term – Finding a CD in a 2 year term gives a best CD rate at GMAC of 2.90% APY with a $500 minimum deposit.  UFBDirect.com in California is next at 2.80% APY with a $8,000 minimum deposit.  Finding a CD at newDominionDIRECT.com isn’t far behind with a 2.76% APY and a $3,000 minimum deposit.

3 year term – Finding CD rates for this term, once again shows GMAC at the top with a 3.20% APY and a low $500 minimum deposit.  Both Discover Bank and Intervest National Bank (NY) are showing a 3.10% APY for their CD rates at this term.  In fact, we’re finding a CD rate of over 3% at seven banks right now nationally.

5 year term – Intervest Bank once again appears with top CD rates, with this term yielding 3.66% APY with a $2,500 minimum deposit.  UFBDIRECT.com is right behind at 3.65% APY and a $8,000 minimum, though, and iGOBanking.com is at 3.61% APY for this term with a $1,000 minimum deposit.  Several great certificate of deposit offers with high CD rates are available at this term nationally, though. Finding a CD at 5 years will yield you over 3.0% APY at over a dozen banks now.

These are the best cd rate offers we found and finding a CD has rarely been this easy with great online tools and information available.  All banks listed here are FDIC insured.

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Posted : April 28th, 2009 by author

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Comments (1)

One Response to “Best CD Rate Finder”

  1. Best Deposit Interest Rates | Best CD Rates Says:

    [...] you an update on the best CD interest rates right now.  Just as we did the last time we looked at best CD rates, we’ll cover 1, 2, 3, and 5 year terms as well as a shorter-term 6 month [...]

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