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 3.49% APY.
For shorter terms, Melrose Credit Union has a 1-year CD with a 1.51% 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 by Term as of November 9, 2010
| Term | Highest Rate (APY) | Where? (Click link for Full Rate Sheets) |
| Vanguard Daily | 0.07% | Vanguard Prime Money Market Fund |
| Vanguard Tax Exempt | 0.12% | Vanguard Tax Exempt Money Market Fund |
| FDIC Daily Savings | 1.40% | Best Savings Account Rate Survey |
| 6 Month CD | 1.15% | Bank of Internet USA |
| 1 Year CD | 1.51% | Melrose CU |
| 1 Yr US Treasury | 0.21% | US Treasury Rate Quote |
| 18 - Month CD | 1.55% | MetLife Bank |
| 2 Year CD | 1.76% | Melrose CU & xx% @ |
| 3 Year CD | 2.27% | Melrose CU |
| 4 Year CD | 2.52% | Melrose CU |
| 5 Year CD | 3.03% | Melrose CU |
| 5 Yr US Treasury | 1.18% | US Treasury Rate Quote |
| 7 Year CD | 3.49% | PenFed CU |
| 10 Year CD | 3.00% | Discover Bank |
| 10 Yr US Treasury | 2.60% | US Treasury Rate Quote |
Related Information:
- Historical CD Rate Graphs
- Historical Mortgage Rates
- World Stock Markets at a Glance
- Easy to Read Best CD Rate Survey
The one year US Treasury rate is currently 0.28%.
- Quotes: US Treasury Rate Quotes
- Graphs: US Treasury Rates at a Glance
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