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"

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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.