CD Rates at Largest US Banks

This table, updated yesterday, shows the best CD rates for the five largest banks operating in the United States. These banks are Bank of America, JP Morgan Chase, Citibank, Wells Fargo Bank, and HSBC Bank North America.

CD rates (APY) at the largest US banks (Current Data) for a $10,000 deposit.

Bank	CD Rates - APY in % as of 12/08/09 for $10,001
	6- Mo	12 Mo	18-Mo	2-Yrs	3-Yrs	5-Yrs
Bank of America (BAC)	0.40	1.00 promo	0.95	1.50	1.86	2.51
JP Morgan Chase (JPM)	0.50 7-mo	1.01 13-mo		1.50	2.00	3.00
Citibank (C)	0.50	1.00	1.09	1.39	1.49	2.23
Wells Fargo Bank (WFC)	0.40	0.40	1.40 21 Mo	1.40 25 Mo	NA	NA
HSBC Bank North America - Branch & Telephone Rates	0.25	0.55	0.55 15-mo	0.75	0.75	1.01
HSBC Online Rates	0.50	1.25	1.25 15-mo	1.10	NA	NA
US Treasury Rates	0.14	0.25	NA	0.72	1.23	2.10

To see the table in full size with the current rates, click the

• Best CD Rate Survey of the Top US Banks

Notes:

• Bank of America or BofA (BAC stock quotes and charts) was "Nations Bank" before it bought Bank of America and took the name. BofA also bought Merrill Lynch officially as of January 1, 2009.
  
• JP Morgan Chase (JPM stock quote and charts) bought Washington Mutual, fondly known as "WaMu"
• Citibank (C stock quote and charts) is also known as Citigroup & Citicorp
• Wells Fargo Bank (WFC stock quotes and charts) bought Wachovia Bank- that bought World Savings Bank)
  
• HSBC Bank North America is the American subsidiary of UK-based HSBC Holdings plc. The Hong Kong and Shanghai Banking Corporation, also a subsidiary of HSBC Holdings, acquired a 51% shareholding in Marine Midland Bank of New York in 1980 and extended to full ownership in 1987. The banks continued to operate under the Marine Midland name until 1998, when the branch offices were rebranded as HSBC Bank USA.

1-Month CD Daily Chart

6-Month CD Daily Chart

One way to get four of the top five banks in a single investment is with the exchange traded fund XLF (XLF charts).

Disclaimer: I own C (charts) and XLF (charts) in my personal account. I also cover C and XLF in my investment letter where I trade them around a core position currently in the money for both. I could sell all shares at any time to lock in my profits if my opinion sours on the sector as a whole.

Link Summary:

• Charts and Quotes for: BAC - C - JPM - WFC - XLF
  
  
• 1-Month CD Daily Chart
  
  
• 6-Month CD Daily Chart
  
  
• Current Best CD Rate Survey of the Top US Banks

==> Best CD Rates with FDIC <==
A survey of large and small banks for best rates by term

Capital One Direct Bank CD Rates

The latest CD rates with FDIC from Capital One Bank.

==> " CD Rates at Capital One Direct Bank " as of 12/02/09 <==

CD Term	Interest Rate	APY
6 months**	0.25%	0.25%
1 year	0.50%	0.50%
18 months	0.91%	0.91%
2 years	1.98%	2.00%
30 months	0.75%	0.75%
3 years	1.88%	1.90%
4 years	2.96%	3.00%
5 years	3.20%	3.25%
7 years	3.20%	3.25%
10 years	3.20%	3.25%

Capital One Direct Bank:

• Current Rates
  
  
• Contact Information

Top Rate Surveys:

• CD Rates at Largest US Banks
  
  
• Best Savings Account Rate Survey

Discover Bank CD Rates

The latest CD rates with FDIC from Discover Bank.

==> " CD Rates at Discover Bank " as of 12/02/09 <==

Term	Interest Rate	APY
3 Months	0.75%	0.75%
6 Months	1.00%	1.00%
9 Months	1.20%	1.20%
12 Months	1.84%	1.85%
18 Months	1.88%	1.90%
24 Months	2.23%	2.25%
30 Months	2.23%	2.25%
3 Years	2.57%	2.60%
4 Years	2.81%	2.85%
5 Years	3.25%	3.30%
7 Years	3.39%	3.45%
10 Years	3.63%	3.70%

Discover Bank:

• Current Rates
  
  
• Contact Information

Top Rate Surveys:

• CD Rates at Largest US Banks
  
  
• Best Savings Account Rate Survey

Goldwater Bank CD Rates

The latest CD rates with FDIC from Goldwater Bank.

==> " CD Rates at Goldwater Bank " as of 12/02/09 <==

Term with $50,000 min	Rate	APY
90 day	0.898	0.901
180 day	1.150	1.160
12 month	1.640	1.650
18 month	1.739	1.750
3 year	2.996	3.030
5 year	3.504	3.550

Goldwater Bank:

• Current Rates
  
  
• Contact Information

Top Rate Surveys:

• CD Rates at Largest US Banks
  
  
• Best Savings Account Rate Survey

Pacific Mercantile Bank CD Rates

The latest CD rates with FDIC from Pacific Mercantile Bank.

==> " CD Rates at Pacific Mercantile Bank " as of 12/02/09 <==

Certificate of Deposits	Minimum Deposit	Interest Rate	APY
3 Month CD	$10,000.00	1.20%	1.21%
6 Month CD	$10,000.00	1.51%	1.52%
12 Month CD	$10,000.00	1.99%	2.01%
18 Month CD	$10,000.00	2.08%	2.10%
24 Month CD	$10,000.00	2.12%	2.14%
36 Month CD	$10,000.00	2.12%	2.14%
60 Month CD	$10,000.00	2.12%	2.14%

Pacific Mercantile Bank

• Current Rates
  
  
• Contact Information

Top Rate Surveys:

• CD Rates at Largest US Banks
  
  
• Best Savings Account Rate Survey

United Americas Bank CD Rates

The latest CD rates with FDIC from United Americas Bank.

==> " CD Rates at United Americas Bank " as of 12/02/09 <==

Certificate of Deposits	Minimum Deposit	APY*
6 Month CD	$10,000.00	1.60%
12 Month CD	$10,000.00	2.10%

Click for United Americas Bank

• =>Current Rates
  
  
• => Contact information

Top Rate Surveys:

• CD Rates at Largest US Banks
  
  
• Best Savings Account Rate Survey

Note, it is not spelled "United America's Bank"

Highest APY Savings Account Rate Survey

We surveyed savings accounts to see who has the top rates.

Best Savings Account Rate Survey

Savings Account Rates as of November 24, 2009

1.70% at American Express Bank, FSB
Online Savings Account. No Monthly Fees, No Minimum Balance

1.70 % at CapitalOne
Online Savings Account. $2,500 Minimum Balance for this Rate

1.64 % at Ally Bank
Online Savings Account. No minimum, no monthly fees.

1.51 % at WTDirect
Online Savings Account. $10,000 Min Balance for this Rate.

1.50% at ING Direct
Electric Orange Checking; $50,000 Minimum Balance for this Rate

1.35% at Zions Bank
Money Market Account. $1,000 Minimum Deposit. $2,500 Balance Requirement.

1.35% at HSBC Direct
Online Savings Account. No Fees. No Minimum Balance

1.25% at Univest Direct
Anytime Savings Account. No Monthly Min Balance. No Fees.

1.15% at E-Loan
Online Savings. $10,000 Minimum Balance for this Rate.

_____

A regular survey of the best rates offered for regular FDIC insured savings accounts from Citi, Bank of America, HSBC, American Express, Discover, Ally Bank, Wells Fargo, ING and more. Find the best online banking interest rates and savings account features at

Best Savings Account Rate Survey

_____

Chase CD Rates - WaMu CD Rates

CD Rates at JP Morgan Chase. Note JP Morgan Chase bought Washington Mutual, fondly known as WaMu, and combined operations so WaMu CDs are now offered as Chase CDs.

$1,000 Minimum Opening Deposit

CD Term APY 6-Month 0.25% 12-Month 0.25% 18-Month 1.01% 24-Month 1.01% 36-Month 1.01%

$10,000 Minimum Opening Deposit

CD Term APY 9-Month 0.75% 13-Month 1.25% 18-Month 1.50% 24-Month 2.00% 48-Month 3.00%

JP Morgan Chase contact Information

Data current as of 11/04/09

Current and Complete Survey at JP Morgan Chase CD Rates

==> Best CD Rates with FDIC <==
A survey of large and small banks for best rates by term

=>CD Rates @ Largest US Banks<=
Best CD Rate Survey of the Top US Banks

Make sure you read the article
Beware of Annuities!!!

Bank of America CD Rates - Rates and Terms for CDs at BofA

CD Rates at Bank of America (BofA)

Current and Complete Survey at BofA CD Rates

High Yield Promotional CD/IRA

12 Month Term (Online Channel)
$5,000 CDs/$2,000 IRAs

Term	Rate	APY
CD :	1.24	1.25
IRA :	1.69	1.70

Regular Rates as of 11/04/09:

$10,000	Rate %	APY %
CD 28-89 Days	0.30	0.30
CD 90-179 Days	0.45	0.45
CD 6-11 Months	0.50	0.50
CD 12-17 Months	0.95	0.95
CD 18-23 Months	1.00	1.00
CD 24-35 Months	1.99	2.01
CD 36-47 Months	2.28	2.30
CD 48-59 Months	2.72	2.75
CD 60-119 Months	2.97	3.01
CD 120 Months	3.45	3.51

Data current as of 11/04/09

Current and Complete Survey at BofA CD Rates

==> Best CD Rates with FDIC <==
A survey of large and small banks for best rates by term

=>CD Rates @ Largest US Banks<=
Best CD Rate Survey of the Top US Banks

Make sure you read the article
Beware of Annuities!!!

Best Top Yielding Savings Account APY Rates

A survey of the best savings account rates for top paying savings accounts shows the top rate is at Tennessee Commerce Bank with only a $250 minimum opening balance to get the top rate of 2.30% APY.

With rates so high, don't be suckered by banks offering annuities. Make sure you read the article "Beware of Annuities" so you are well armed before you enter the bank seeking high rates.

Institution	APY %	Min Bal to Open
Tennessee Commerce Bank Franklin, TN	2.30	$250
UFBDirect.com Irvine, CA	2.00	$500
OneWest Bank, FSB Pasadena, CA	1.85	$10,000
Flagstar Bank Troy, MI	1.81	$10,000
Heartland Bank Direct St. Louis, MO	1.76	$500
Ally Bank Midvale, UT	1.75	$0
Bank of Internet USA San Diego, CA	1.75	$100

For more information about the above accounts, read the full survey at

Best Highest Yield Savings Account APY Rates


"Beware of Annuities"

.

Bank of America CD Rates - Rates and Terms for CDs at BofA

Bank of America, BofA, is offering a 3.01% APY FDIC insured CD with a 60 month (5-year) term.

Term for $1,000 - $99,999	Interest Rate %	APY %
CD 28-89 Days	0.30	0.30
CD 90-179 Days	0.50	0.50
CD 6-11 Months	0.55	0.55
CD 12-17 Months	0.95	0.95
CD 18-23 Months	1.00	1.00
CD 24-35 Months	2.13	2.15
CD 36-47 Months	2.28	2.30
CD 48-59 Months	2.72	2.75
CD 60-119 Months	2.97	3.01
CD 120 Months	2.97	3.01

We think you can get much better rates. For a list of top rates available by term, see our rates survey at:

Very Best CD Rates with FDIC

For more rates and terms for BofA certificates of deposit plus contact information, see Bank of America CD Rates

Best CD Rate Update - Top CD Rates by Term

The top rate for a certificate of deposit (CD) this week is at Pentagon Federal Credit Union (fondly known as PenFed CU) where you can get a 7-year certificate that currently pays 4.00% APY.

For shorter terms, UmbrellaBank.com has a 1-year CD with a 2.15% annual percentage rate.

Last month (8/6/09), NewDominionDIRECT had the best 1-year CD rate at 2.05%

The one year US Treasury rate is currently 0.40%, down 7 basis points from 0.47% last month.

With rates so low, banks will try to sell you their annuity products. Make sure you read our article: Beware of Annuities

The table below shows the best CD rates for other terms. If that table is hard to read, then try Very Best CD Rates.

"Highest CD Rate Survey + Current US Treasury Rates"

Term	Date	Highest Rate (APY)	Where? (Click link for Full Rate Sheets)
Daily Savings	9/7/09	0.20%	Vanguard Prime Money Market Fund
Tax Exempt	9/7/09	0.21%	Vanguard Tax Exempt Money Market Fund
High Yield MM	9/7/09	2.30%	Tennessee Commerce Bank
3-Month Treasury	9/7/09	0.13%	US Treasury Rates at a glance
6 Months	9/7/09	1.76%	Ascencia Internet Bank
6-Month Treasury	9/7/09	0.22%	US Treasury Rates at a glance
1 Year	9/7/09	2.15%	UmbrellaBank.com
1 Year Treasury	9/7/09	0.40%	US Treasury Rates at a glance
18 - Months	9/7/09	2.15%	MetLife Bank
2 Years	9/7/09	2.50%	Tennessee Commerce Bank
2 Year Treasury	9/7/09	0.93%	US Treasury Rates at a glance
3 Years	9/7/09	2.90%	Intervest National Bank
3-Yr Treasury	9/7/09	1.43%	US Treasury Rates at a glance
4 Years	9/7/09	3.20%	Intervest National Bank & 3.10% at Discover Bank
5 Years	9/7/09	3.50%	iGObanking
5 Yr Treasury	9/7/09	2.35%	US Treasury Rates at a glance
7 Years	9/7/09	4.00%	Pentagon Federal CU
7 Yr Treasury	9/7/09	3.06%	US Treasury Rates at a glance
10 Yr Treasury	9/7/09	3.44%	US Treasury Rates at a glance
10 Years	9/7/09	3.85%	Discover Bank
30 Yr Treasury	9/7/09	4.27%	US Treasury Rates at a glance

• Easy to Read Best CD Rate Survey
  
  
• US Treasury Rates at a Glance
  
  
• World Stock Markets at a Glance

With rates so low, banks will try to sell you their annuity products. Make sure you read our article: Beware of Annuities.

Wachovia Bank CD Rates

Wachovia Bank is offering a 1.50% APY FDIC insured CD with a 19 month term.

Special CD Rates at Wachovia Bank "
Term Rate APY Minimum

11 Month CD 0.75% 0.75% $5,000
14 Month CD 1.00% 1.01% $5,000
19 Month CD 1.49% 1.50% $5,000

A Checking account is required to get these special rates.

For more rates and terms for Wachovia Bank certificates of deposit plus contact information, see Wachovia Bank CD Rates

.

Pacific Premier Bank CD Rates

Pacific Premier Bank is offering a 2.55% APY FDIC insured CD with a 24 month (2-year) term. According to their web site:

Pacific Premier Bank is a state-chartered commercial bank headquartered in Costa Mesa, California. We serve businesses from six locations throughout Southern California including six depository branches in Costa Mesa, Huntington Beach, Los Alamitos, Newport Beach, San Bernardino, and Seal Beach as well as an SBA loan production office in Costa Mesa. Through our branches and our web site we offer a full complement of deposit and loan products and services for commercial businesses, non-profit organizations, and consumers. We offer our customers an alternative to the impersonal service experienced at the large regional and national banks.

For more rates and terms for Pacific Premier Bank certificates of deposit plus contact information, see Pacific Premier Bank