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CD rates

CD (certificate of deposit)

Compare the highest CD rates available nationwide or find CD rate promotions in your neighborhood!

Below are the best CD rates available nationwide. If you would like to find better rates you may type in your state in our search box (upper right) or search through out CD rate promotions archive.

Best 6 month CD rates

Bank Rank Name of Bank Investment Type Duration RATE Compounded: Min. Deposit
1 State Bank of India Bank CD 6 mo 1.36 Quarterly $5000
2 Aurora Bank Bank CD 6 mo 1.34 Daily $1000
3 Nexity Bank Bank CD 6 mo 1.33 Daily $1000
4 Excel National Bank Bank CD 6 mo 1.33 Monthly $10,000
5 Ascencia Bank Bank CD 6 mo 1.31 Monthly $500

Compare 6 month CD Rates from dozens of different banks.

Best 12 month CD rates

Bank Rank Name of Bank Investment Type Duration RATE Compounded: Min. Deposit
1 NewDominionDirect Bank CD 12 mo 1.72 Daily $3000
2 Ascencia Bank Bank CD 12 mo 1.71 Monthly $500
3 Discover Bank Bank CD 12 mo 1.70 Daily $2,500
4 Colorado Federal Savings Bank CD 12 mo 1.70 Daily $5000
5 State Bank of India Bank CD 12 mo 1.70 Quarterly $5000

Compare 12 month CD Rates from dozens of different banks.

Best 2 year CD rates

Bank Rank Name of Bank Investment Type Duration RATE Compounded: Min. Deposit
1 WedBush Bank Bank CD 2 yr 2.17 Daily $2,500
2 State Bank of India Bank CD 2 yr 2.17 Quarterly $5000
3 New Dominion Direct Bank CD 2 yr 2.16 Daily $3000
4 USAA Bank CD 2 yr 2.15 Monthly $1000
5 Discover Bank Bank CD 2 yr 2.15 Daily $2,500

Compare 2 year CD Rates from dozens of different banks.

Best 3 year CD rates

Bank Rate Name of Bank Investment Type Duration RATE Compounded: Min. Deposit
1 NationWide Bank Bank CD 3 yr 2.60 Daily $500
2 iGoBanking Bank CD 3 yr 2.60 Daily $1000
3 State Bank of India Bank CD 3 yr 2.52 Quarterly $5000
4 NewDominionDirect Bank CD 3 yr 2.51 Daily $3000
5 USAA Bank CD 3 yr 2.50 Monthly $1000

Compare 3 year CD Rates from dozens of different banks.

Best 5 year CD rates

Bank Rank Name of Bank Investment Type Duration RATE Compounded: Min. Deposit
1 iGoBanking Bank CD 5 yr 3.55 Daily $1000
2 EverBank Bank CD 5 yr 3.37 Daily $1500
3 OneWest Bank Bank CD 5 yr 3.30 Daily $5000
4 State Bank of India Bank CD 5 yr 3.24 Quarterly $5000
5 Nat'l Bank of KC Bank CD 5 yr 3.22 Daily $10000

Compare 5 year CD Rates from dozens of different banks.

Best 6 month JUMBO CD Rates

Bank Rank Name of Bank Investment Type Duration RATE Compounded: Min. Deposit
1 Metlife Bank Jumbo Bank CD 6 mo 2.00 Daily $100,000
2 Corus Bank Jumbo Bank CD 6 mo 2.00 Monthly $100,000
3 Nexity Bank Jumbo Bank CD 6 mo 2.00 Monthly $100,000
4 GiantBank.com Jumbo Bank CD 6 mo 1.91 Daily $100,000
5 AIG Bank Jumbo Bank CD 6 mo 1.86 Daily $100,000

(Updated: 1/05/09)

Compare 6 month Jumbo CD Rates from dozens of different banks.

Best 12 month JUMBO CD Rates

Bank Rank Name of Bank Investment Type Duration RATE Compounded: Min. Deposit
1 OneWest Bank Jumbo Bank CD 12 mo 2.49 Daily $100,000
2 Corus Bank Jumbo Bank CD 12 mo 2.35 Monthly $100,000
3 AIG Bank Jumbo Bank CD 12 mo 2.31 Daily $100,000
4 Nexity Bank Jumbo Bank CD 12 mo 2.31 Daily $100,000
5 Discover Bank Jumbo Bank CD 12 mo 2.30 Daily $100,000

Compare 12 month Jumbo CD Rates from dozens of different banks.

Best 2 year JUMBO CD Rates

Bank Rank Name of Bank Investment Type Duration RATE Compounded: Min. Deposit
1 ELOAN Jumbo Bank CD 2 year 2.47 Daily $100,000
2 State Bank of India Jumbo Bank CD 2 year 2.37 Quarterly $100,000
3 Aurora Bank Jumbo Bank CD 2 year 2.31 Daily $100,000
4 One West Bank Jumbo Bank CD 2 year 2.30 Daily $100,000
5 Discover Bank Jumbo Bank CD 2 year 2.30 Daily $100,000

Compare 2 year Jumbo CD Rates from dozens of different banks.

Best 5 year JUMBO CD Rates

Bank Rank Name of Bank Investment Type Duration RATE Compounded: Min. Deposit
1 E LOAN Jumbo Bank CD 5 year 3.50 Daily $100,000
2 One West Bank Jumbo Bank CD 5 year 3.40 Daily $100,000
3 State Bank of India Jumbo Bank CD 5 year 3.39 Quarterly $100,000
4 Intervest Jumbo Bank CD 5 year 3.27 Daily $100,000
5 Third Federal Savings and Loan Jumbo Bank CD 5 year 3.25 Quarterly $100,000

Compare 5 year Jumbo CD Rates from dozens of different banks.

Bank CDs (certificate of deposits) are similar to savings accounts in that they are insured and thus virtually risk-free; currently CD’s are insured by the FDIC for up to $250k (as of October 2008). They are different from general savings accounts offered by banks in that the CD has a specific, fixed term (often three months, six months, or one to five years), and a fixed interest rate. It is intended that the CD be held until it matures at which time the money may be withdrawn together with the accrued interest. Bank’s compete for your business by offering differing CD rates for various durations of time.

You may also be interested in… IRA CD Rates

CD Laddering

CD laddering is an effective way to capitalize on bank CD rates and maximize returns. An introduction to CD laddering will help you understand how these work. If you are already aware of how CD ladders work you may want to view some CD laddering strategies.

IRA CD’s are also available as investment vehicles through brokers or banks. In most cases you will find better rates through banks, credit unions and direct banking. An IRA CD can typically take advantage of both tax free deductions and highest current CD rates.