Earn 1.48% APY with the top 1 year CD rates from online banks
Warning: The rates featured on this page are likely outdated. Visit our CD Rates Center for updated rates and special offers.
After a few readers have submitted the top 1 year CD rates in their local regions, we decided to quickly highlight the institution offering the best 1 year CD available to anyone throughout the country. Generally, the banks offering products nationwide are online institutions which can accept funds electronically from any state. And frequently they can provide annual percentage yields above the national average due to the lack of overhead costs they incur.
As of today you can earn 1.48% APY with Bank of Internet’s 12 month CD. This is an FDIC insured deposit account that only accepts deposits online (because they have no branches).
If you are strictly after the highest interest rate available you may want to check with some of your local institutions (especially credit unions) before moving forward with this account. We’ve seen some community credit unions offer interest rates which are twice the national average in some areas of the US. Two days ago we were forwarded the top 12 month CD rate in California which features an APY of between 1.60% and 1.65% depending on your deposit amount.
Bank of Internet’s Current CD Rates:
(Rates accurate as of 11/2010.)
- 3 to 5 month CD’s yielding 0.35% APY with a minimum deposit requirement of $1,000.
- 6 to 11 month CD’s yielding 1.15% APY with a minimum deposit requirement of $1,000.
- 12 to 23 month CD’s yielding 1.48% APY with a minimum deposit requirement of $1,000.
- 24 to 35 month CD’s yielding 1.79% APY with a minimum deposit requirement of $1,000.
- 36 to 47 month CD’s yielding 2.08% APY with a minimum deposit requirement of $1,000.
- 48 to 59 month CD’s yielding 2.31% APY with a minimum deposit requirement of $1,000.
60 month CD’s yielding 2.56% APY with a minimum deposit requirement of $1,000.
About Bank of Internet: FDIC insured and publicly traded (NASDAQ:BOFI), Bank of Internet offers traditional banking and loan services entirely over the Internet, without making you pay for the cost of a branch network.
