Whose offering 2.0% APY CD Rates?

Despite the fact that CD rates are at these ridiculous low levels, consumers – who are tired of wadding into the stock market and are just looking for guaranteed returns – are still turning to these financial instruments to store their savings. Yes their yields are pathetic and yes the rate of inflation may be trumping any real positive gains from them, but it still beats stacking cash under the mattress.

Taking Read more…

2.50% APY CD Rates – You’ll have to go long

Struggling to find a 2.50% APY, FDIC-insured return on your investment? So is everyone! If you’ve been in the market for a bank CD and have been continuously scrounging the web for better interest rates you may as well give it a rest. The best 12 month CD’s are hardly yielding above 1.25% APY, the best 2 year CDs are barely pushing 1.50% APY and even the highest yielding 5 year Read more…

2.0% APY Bank CD Rates – How long do you need to invest?

In the past (say pre-2008), 2.0% APY savings rates or CD rates were considered extremely uncompetitive interest rates. Even 6 month CD rates were yielding twice that amount and liquid savings accounts such as money market accounts and online savings account were even providing rates more twice the amount as well. Today’s savings market is, needless to say, a whole new ball came. Today, A bank CD yielding 2.0% APY generally Read more…

Incredible Bank’s CD Rates and Review (online 12 mo. CD)

Incredible Bank, an online division of River Valley Bank in Wisconsin, is offering an “INCREDIBLE CD” that is only available online. As of the 28th of May this 12 month CD comes with any APY of 2.00%. To put this offer in perspective, the current national average for 1 year CDs sits at roughly 1.15% APY. Their are a few catches with this product that you must take into account before Read more…

Best savings account rates in California: Top 2

If you’re in the market for a traditional savings accounts – one with a variable interest rate and limited withdrawal allowances, don’t expect much in the way of great interest rates. The average yield for online savings accounts (money market accounts) are providing yeilds of less than 1.00% APY and the average yield for 12 month CDs (fixed interest rate for 1 year with penalties for early withdrawal) are garnering a rather pathetic 1.50% APY.

However, if you reside in the Read more…