Best CD Rates

By updated on

The current sluggish economy may be making you feel insecure about investing or making any financial decisions at all. Fear not. There are still short and long term risk-free investments, such as money market savings accounts and certificates of deposits (CDs), and they provide a secure place for you to stash away your money now.

Best CD (Certificate of Deposit) Rate Search
Length Of CD
Investment Amount: $
Sort By
BankInterest RateAPYMinimum Deposit
Ally Bank0.99%0.99%$0
Discover BankFeatured0.95%0.95%$2,500
Amtrust Direct a service of New York Community Bank1.04%1.05%$500
ableBanking, a division of Northeast Bank1.05%1.05%$1,000
GE Capital Bank1.04%1.05%$500
My e-BAnC by BAC Florida Bank1.00%1.01%$500
Silvergate Bank 1.01%1.01%$2,500
AloStar Bank of Commerce0.99%1.00%$1,000
Nationwide Bank0.96%0.96%$500
Doral Direct0.94%0.94%$500
Ascencia, a div. of PBI Bank0.90%0.90%$500
The National Republic Bank of Chicago0.90%0.90%$1,000
First Internet Bank of Indiana0.85%0.85%$1,000
Barclays0.80%0.80%$0
Pentagon Federal Credit Union0.80%0.80%$1,000
giantbank.com0.75%0.75%$2,500
USAA0.71%0.71%$1,000
Lone Star Bank0.70%0.70%$1,000
Intervest National Bank0.68%0.68%$2,500
TAB Bank0.65%0.65%$1,000
Metropolitan National Bank0.60%0.60%$1,000
EverBank0.60%0.60%$1,500
Bank of Internet USA0.55%0.55%$1,000
State Farm Bank0.30%0.30%$500
Heritage Bank0.23%0.23%$1,000
Citizens Trust Bank0.20%0.20%$500
American Bank0.20%0.20%$500
Bangor Savings Bank0.15%0.15%$500
1st Source Bank0.15%0.15%$500
iGObanking.com0.15%0.15%$1,000
Astoria Federal Savings0.10%0.10%$500

Even though current interest rates are low, many investors are turning to CDs as they are trying to find a balance between capital preservation and capital growth. There are many different types of CDs, and their rates vary with the maturity dates and amount of money invested, thus you can always find a CD to consider for your investment portfolio and individual risk tolerance.

CDs have many benefits: CD rates tend to be higher than money market savings rates; they are liquid investments; your capital is preserved; and CDs are FDIC insured. Read our articles below to learn more about CDs.

Certificates Of Deposit: How They Work

Certificates of Deposit (CDs) are one of the safest investments you can make. Learn more about how CDs work and the types of CDs available in the market.

Certificates Of Deposit: Tips For Savers

Investing in CDs means locking up your funds in an account for a specified length of time. If you need to withdraw your money before the maturity date is due, you will incur a substantial penalty for early withdrawal. Learn about the important questions you should ask before you invest.

What Is and Is Not Protected by FDIC Insurance

Certificates of Deposit are among the safest investments you can make. Not only do they have the least risk of all other higher yield accounts, they are also insured by the FDIC just like your bank accounts.