Quick Rundown of the Top 5 CD Rates Currently Available

Follow by Email
Facebook
Twitter
LinkedIn
Here is a quick list of the top 5 CD rates for short term certificates of deposit this week. The best CD rates listed below are considerably higher than the average CD rates in the FDIC National Rates and Rate Cap Survey for the week ending January 7, 2012.

Top 3 Month CD Rates



  1. E-Loan.com CD Rate 0.65% APY 0.65%

  2. EverBank CD Rate 0.61% APY 0.61%

  3. Virtual Bank CD Rate 0.50% APY 050%

  4. OneWest Bank CD Rate 0.45% APY 0.45%

  5. Barclays Bank CD Rate 0.40% APY 0.40%


Top 6 Month CD Rates

  1. Doral Bank CD Rate 0.90% APY 0.90%

  2. Colorado FSB CD Rate 0.80% APY 0.80%

  3. Discover Bank CD Rate 0.75% APY 0.75%

  4. ableBanking CD Rate 0.75% APY 0.75%

  5. Ally Bank CD Rate 0.74% APY 0.74%


Top 12 Month CD Rates

  1. MetLife Bank CD Rate 1.04% APY 1.05%

  2. Colorado FSB CD Rate 1.04% APY 1.05%

  3. E-Loan CD Rate 1.02% APY 1.02%

  4. Discover Bank CD Rate 1.00% APY 1.00%

  5. ableBanking CD Rate 1.00% APY 1.00%


Top 24 Month CD Rates

  1. CIT Bank CD Rate 1.19% APY 1.20%

  2. ableBanking CD Rate 1.18% APY 1.19%

  3. Sivergate Bank CD Rate 1.15% APY 1.16%

  4. Virtual Bank CD Rate 1.15% APY 1.16%

  5. Discover Bank CD Rate 1.14% APY 1.15%


If you haven't searched for CD rates at banks in recent years these rates might be shocking to you but they are the highest CD rates available right now. The highest 3 month rates at 0.65% are almost 7 times the FDIC average 3 month rate of 0.09 percent. Following is a complete list of the FDIC's average rates this week.

FDIC Average CD Rates

  • 1 Month 0.06%

  • 3 Month 0.09%

  • 6 Month 0.15%

  • 12 Month 0.23%

  • 24 Month 0.38%

  • 36 Month 0.52%

  • 48 Month 0.64%

  • 60 Month 0.84%


Certificate of deposit rates change constantly. For a complete and current list of the best rates available feel free to use our rate tables. We list the best CD rates for certificate of deposit terms of 1 month to 60 months. We also list the best jumbo CD rates and IRA CD rates.
 
Author: Jason P. Jones
January 10th, 2013