Beste CD Rates - CD Rate Survey 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 3.75% APY.

For shorter terms, Tennessee Commerce Bank has a 1-year CD with a 1.70% annual percentage rate.

The one year US Treasury rate is currently 0.34%.

• Quotes: US Treasury Rate Quotes
• Graphs: US Treasury Rates 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

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 Rates Survey as of March 8, 2010

Term	Highest Rate (APY)	Where? (Click link for Full Rate Sheets)
Vanguard Daily	0.01%	Vanguard Prime Money Market Fund
Vanguard Tax Exempt	0.09%	Vanguard Tax Exempt Money Market Fund
FDIC Daily Savings	1.45%	Capital One Direct Bank
High Yield MM $10K+	1.44%	Bank of Internet USA
6 Month CD	1.36%	State Bank of India
1 Year CD	1.70%	Tennessee Commerce Bank
18 - Month CD	1.83%	Aurora Bank
2 Year CD	2.17%	State Bank of India
3 Year CD	3.00%	PenFed CU & 2.60% @ iGObanking
4 Year CD	3.25%	PenFed CU & 2.98% @ National Bank of KC
5 Year CD	3.50%	PenFed CU & 3.29%@ EverBank
7 Year CD	3.75%	Pentagon Federal CU aka PenFed
10 Year CD	3.63%	Discover Bank

Vanguard Money Market Rates shown for Reference

• Easy to Read Best CD Rate Survey

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