Top CD Rates A Comprehensive List
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
When talking about the top CD rates, you need to remember that rates change all the time. One day you could see JP Morgan offering the highest rate but the next day it falls to the middle of the pile. Rates can be anywhere from 2% to 4.25% and higher, depending on the issuer, the day, the type of certificate of deposit, and in some cases, the locked-in period.[br]
When talking about the top CD rates, you need to remember that rates change all the time. One day you could see JP Morgan offering the highest rate but the next day it falls to the middle of the pile. Rates can be anywhere from 2% to 4.25% and higher, depending on the issuer, the day, the type of certificate of deposit, and in some cases, the locked-in period.[br]
Although we could write about the top CD rates and provide scenarios and a few examples, we thought it would be more helpful and beneficial to list the 25 top CD rates that are currently being offered. As you will see from the information below, we have offered the name of the issuer, the rate, Annual Percentage Yield, and minimum deposit required, which are all for 03/03/10.
As you can see, the top CD rates are good but they are also varied. Because of daily changes, as well as such wide ranges, it is essential to do your research before you lock your money into any certificate of deposit. That way, you can locate the issuer that is going to benefit you most. Remember, you want top CD rates so the hard earned money ends up yielding the most possible. In addition, be sure you choose an issuer with the most frequent compounding schedule, which would also help boost your return on.
|
Issuer |
Interest Rate |
Annual Percentage Yield |
Minimum Deposit |
|
Discover Bank (DE) |
1.59 |
1.60 |
$2,500 |
|
Aurora Bank (DE) |
1.58 |
1.59 |
$1.000 |
|
Ally Bank (UT) |
1.57 |
1.58 |
$0 |
|
American Express (NY) |
1.49 |
1.50 |
$0 |
|
ShoreBank (IL) |
1.33 |
1.3 |
$1,000 |
|
MetLife Bank (NJ) |
1.29 |
1.30 |
$25,000 |
|
Tennessee Commerce Bank (TN) |
1.69 |
1.70 |
$2,500 |
|
NewdominionDirect.com (NC) |
1.66 |
1.67 |
$3,000 |
|
State Bank of India (NY) |
1.65 |
1.66 |
$5,000 |
|
OneWest Bank (NY) |
1.64 |
1.65 |
$5,000 |
|
Nexity Bank (AL) |
1.57 |
1.58 |
$1,000 |
|
Goldwater Bank (AZ) |
1.58 |
1.58 |
$50,000 |
|
Excel National Bank (CA) |
1.57 |
1.58 |
$10,000 |
|
AIG Bank (DE) |
1.55 |
1.56 |
$2,500 |
|
Colorado Federal Savings (CO) |
1.54 |
1.55 |
$5,000 |
|
Eastern Savings Bank (MD) |
1.54 |
1.55 |
$1,000 |
|
Stonebridge Bank (PA) |
1.49 |
1.50 |
$500 |
|
Intervest National Bank (NY) |
1.49 |
1.50 |
$2,500 |
|
VirtualBank (FL) |
1.45 |
1.46 |
$10,000 |
|
GiantBank.com (FL) |
1.45 |
1.46 |
$2,500 |
|
Heritage Bank (AZ) |
1.39 |
1.40 |
$5,000 |
|
Ascencia (PBI Bank) (KY) |
1.39 |
1.40 |
$500 |
|
Bank of Internet USA (CA) |
1.39 |
1.40 |
$1,000 |
|
Centennial Bank (CA) |
1.30 |
1.31 |
$10,000 |
|
Issuer |
Interest Rate |
Annual Percentage Yield |
Minimum Deposit |
|
American Bank (PA) |
1.29 |
1.30 |
$500 |
|
California First National Bank (CA) |
1.29 |
1.30 |
$5,000 |
|
Allstate Bank (IL) |
1.25 |
1.25 |
$1,000 |
|
Pacific Mercantile Bank (CA) |
1.24 |
1.25 |
$10,000 |
|
Transportation Alliance Bank (UT) |
1.24 |
1.25 |
$1,000 |
|
National Bank of KC (KS) |
1.24 |
1.25 |
$10,000 |
|
BankDirect (TX) |
1.10 |
1.11 |
$10,000 |
|
Heritage Bank (MN) |
1.05 |
1.05 |
$1,000 |
|
Astoria Federal Savings (NY) |
1.04 |
1.05 |
$500 |
|
Domestic Bank (RI) |
1.00 |
1.00 |
$500 |
|
E-LOAN (CA) |
1.00 |
1.00 |
$10,000 |
|
State Farm Bank (IL) |
0.94 |
0.94 |
$500 |
|
NOVA Bank (PA) |
1.59 |
1.60 |
$500 |
|
Lone Star Bank (TX) |
1.00 |
1.00 |
$1,000 |
|
First Internet Bank of Indiana (IN) |
1.24 |
1.25 |
$1,000 |
