CD Rates Higher Than the Average Rates July 10, 2012

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Today's 1 year bank CD rates are averaging 0.79 percent which is unchanged from last weeks average rate. There are many banks offering CD rates higher than the current average rates. The highest 1 year CD rates are just above 1.00 percent. Right now on our rate table Doral Bank has the best CD rate at 1.14 percent with an APY of 1.15 percent.

Other CD rates at banksover 1.00 percent on our list include CIT Bank which is offering 12 month rates at 1.09 percent with an APY of 1.10 percent. MetLife CD rates and Colorado Federal Savings Bank have the third highest 1 year rates at 1.04 percent with an APY of 1.05 percent. Below is a list of the highest 12 month rates on our list.


1 Year CD Rates & APY



  • Doral Bank CD Rate 1.14% APY 1.15%

  • CIT Bank CD Rate 1.09% APY 1.10%

  • MetLife Bank CD Rate 1.04% APY 1.05%

  • Colorado FSB CD Rate 1.04% APY 1.05%

  • EH National Bank CD Rate 1.03% APY 1.03%

  • Ally Bank CD Rate 1.01% APY 1.02%

  • AloStar Bank of Commerce CD Rate 1.00% APY 1.01%

  • Barclays Bank CD Rate 1.00% APY 1.00%

  • AbleBanking CD Rate 1.00% APY 1.00%

  • Discover Bank CD Rate 0.90% APY 0.90%


The CD yield curve is flat and has been so for the past couple of years. The difference between the best 6 month CD rates and the best 5 year CD rates available is less than 1.50 percent. The current national average 6 month CD rate is at 0.48 percent and the current 5 year national average CD rate is at 1.48 percent, a difference of only 1.00 percent.

Right now on our 6 month CD interest rates list the highest CD rate is at 0.80 percent with an APY of 0.80 percent. Three banks are offering a 6 month rate of 0.80 percent on our list. AbleBanking, Colorado FSB and EH National Bank are all offering a 6 month rate and yield at 0.80 percent. Here is a list of the top 6 month rates.

6 Month CD Rates & APY



  • AbleBanking CD Interest Rate 0.80% APY 0.80%

  • Colorado FSB CD Interest Rate 0.80% APY 0.80%

  • EH National Bank CD Interest Rate 0.80% APY 0.80%

  • AloStar Bank of Commerce CD Interest Rate 0.76% APY 0.76%

  • Discover Bank CD Interest Rate 0.75% APY 0.75%

  • Doral Bank CD Interest Rate 0.75% APY 0.75%

  • Ally Bank CD Interest Rate 0.74% APY 0.74%

  • EverBank CD Interest Rate 0.74% APY 0.74%

  • Virtual Bank CD Interest Rate 0.70% APY 0.70%

  • Barclays Bank CD Interest Rate 0.65% APY 0.65%

  • USAA Bank Interest Rate 0.61% APY 0.61%

  • First Internet Bank of Indiana CD Interest Rate 0.60% APY 0.60%


The current national average 3 month CD rate is at 0.23 percent. The best 3 month CD rate on our list is almost three times the national average. EverBank tops our 3 month rate list at 0.66 percent with an APY of 0.66 percent.

E-Loan has the second best 3 month bank CD rate on our list at 0.65 percent with an APY of 0.65 percent.Virtual Bank is listed with the third best 3 month rate at 0.50 percent. Here is a list of the top 3 month rates available today.

  • EverBank CD Bank Rates 0.66% APY 0.66%

  • E-Loan Bank CD rates 0.65% APY 0.65%

  • Virtual Bank CD Rates 0.50% APY 0.50%

  • Barclays Bank CD Rates 0.45% APY 0.45%

  • AloStar Bank of Commerce CD Rates 0.45% APY 0.45%

  • Ally Bank CD Rates 0.44% APY 0.44%

  • Discover Bank CD Rates 0.44% APY 0.44%

  • USAA Bank CD Rates 0.35% APY 0.35%

  • First Internet Bank of Indiana CD Rates 0.35% APY 0.35%


You can search for and compare CD rates for CD terms ranging from 1 month to 5 years on our rate tables to find the highest rates around. You can also compare the best jumbo CD rates for 1 year and 5 year certificates of deposits on our rate lists.
 
Author: Lisa Graham
July 10th, 2012