Best 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 3.51% APY.
For shorter terms,
Sallie Mae Bank has a 1-year CD with a 1.55% annual percentage rate.
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.
For Larger Text: If that table is hard to read, then try
Very Best CD Rates.
Highest CD Rates Survey as of June 14, 2010
Vanguard Money Market Rates shown for Reference
With rates so low, banks will try to sell you their annuity products. Make sure you read our article: Beware of Annuities.
The one year US Treasury rate is currently 0.28%.