Best CD Rates Info

With Wachovia Bank being one of the largest financial institutions in the United States, Best CD Rates Info has written before about Wachovia CD Rates. However, it has now been a little while since our last article on Wachovia Bank CD Rates, so we thought it was time to update our research to see what kind of Wachovia CD interest rates are currently being offered.

Wachovia has many different types of certificates of deposit to choose from, with different options regarding liquidity and minimum deposits, etc. However, there are several Wachovia Featured CDs that have some of the highest CD rates offered by Wachovia Bank, so that is where we will focus.

The Wachovia 7 month Featured CD has an interest rate of 3.92 percent and an Annual Percentage Yield (APY) of 4.00 percent.o This CD requires a minimum opening deposit of $5,000.

The Wachovia 9 month Featured CD has an interest rate of 4.07 percent and an Annual Percentage Yield of 4.15 percent. This Featured CD also requires a minimum investment of $5,000.

The Wachovia 12 month Featured CD has an interest rate of 4.16 percent and an Annual Percentage Yield of 4.25 percent. Like the other Wachovia Featured CDs, this one requires a minimum deposit of $5,000.

These CD rates at Wachovia seem pretty attractive to us, especially for fairly short term CDs. Please remember that interest rates can change with time, and that rates and other terms can differ depending upon your location, so please see the Wachovia web site to confirm the best CD deals available in your area.

GMAC Bank is a part of the GMAC Financial Services family, and is a truly global financial institution. So, Best CD Rates Info thought we would review GMAC CD rates in our search for the best CD rates to see if using a GMAC savings certificate of deposit would get the most return for your money. We found a few GMAC Bank CD interest rates that are worth noting, which we will discuss below.

The GMAC 12 month CD provides an interest rate of 3.97 precent, and an Annual Percentage Yield of 4.05 percent. To us, that seems like a pretty nice rate for a 1 year CD, especially when you consider that the minimum deposit for this GMAC bank CD is only $500.

The GMAC 3 year CD had an interest rate of 4.40 percent, and an Annual Percentage Yield of 4.50 percent. This CD also requires a minimum GMAC investment (or minimum deposit) of $500.

The GMAC 5 year CD has an interest rate of 4.93 percent, and an Annual Percentage Yield of 5.05 percent. Any CD interest rates that rise above five percent rank among the highest CD rates that we normally encounter in today’s market. Again, a $500 minimum investment is required for this certificate of deposit.

These GMAC CD accounts seem very interesting to us. Please remember that interest rates and other CD terms can change with time and vary by region, so to confirm current rates and other terms available in your area, please be sure to check GMAC online.

Downey Savings was started over 50 years ago, and now has over $13 billion in assets and over 160 banking branches in California and Arizona. We have heard a lot about Downey Savings CD Rates, so those of us here at Best CD Rates Info decided that we would have to check out Downey CD rates in our quest for the best cd rates to help you get the most from your money.

While there would be an extensive Downey Savings CD list if we were to review each of their products — with terms ranging from 14 days to 5 years, there is a Downey CD rate for you. So, we decided to focus on the best certificate of deposit rates that we could find from Downey Savings. Therefore, we decided to review three different versions of the Downey Savings Customer Value CD, with the results of our research as follows:

• The Downey 3 Month CD is currently being offered with an interest rate of 2.47 percent and an Annual Percentage Yield of 2.50 percent. The minimum deposit for this certificate of deposit is $5,000. This is one of the highest CD rates that we have seen for such a short term CD.

• The Downey 6 Month CD is presently being featured with a 3.10 percent interest rate and a 3.15 percent Annual Percentage Yield. This CD requires a minimum investment of $5,000 also.

• The Downey 12 Month CD is now being offered with an interest rate of 3.20 percent and an Annual Percentage Yield of 3.25 percent. A $5,000 minimum deposit is also required for this Downey Savings certificate of deposit.

In our opinion, these are some pretty attractive certificate of deposit rates. Since CD interest rates and terms can fluctuate with time and geographic location, please be sure to check the Downey Savings web site for more information on the deals currently available in your area.

Third Federal Savings and Loan is one of the largest savings & loans in America. So, Best CD Rates Info decided to take a look at Third Federal CD Rates in our search for the best CD rates for your money.

We were pretty impressed with the CD interest rates that we found. We had to struggle to narrow it down to just a few of the highest CD rates to review here.

The Third Federal Savings 36 month CD has an Annual Percentage Yield (APY) of 4.25 percent. In our opinion, that is a pretty impressive rate for a 36 month CD. It is even more impressive when you consider that the minimum amount for investing is $500.

The Third Federal Savings 48 month CD has an APY of 4.50 percent. We also think that this is a nice rate for a 48 month CD with a minimum deposit of $500.

The Third Federal Savings 60 month CD and the Third Federal Savings 72 month CD both have an Annual Percentage Yield of 5.00 percent. Any time, in today’s market, that we see an APY of 5.00 percent or above, we definitely take notice. Again, this is a really nice rate for a certificate of deposit with a minimum deposit of only $500.

These Third Federal CD rates are some of the most interesting CD rates that we have recently reviewed. Be sure to check the Third Federal website to confirm the rates and terms available in your area, as CD rates and terms can change with time and vary by location.

While we have now reviewed most of the best CD rates from the largest financial institutions in the country, there is still lots of ground to cover — especially with regional banks. Therefore, Best CD Rates Info thought we would review the CD rates from a large regional bank, namely M&T Bank. Fouded over 150 years ago, M&T Bank now has over 700 branches in the Northeast United States.

For this article, our specific focus will be M&T CD rates for M&T Bank, N.A., an affiliate of M&T Bank that does a lot of online business. When we researched CD rates at M&T Bank, we found several interesting products. Most interesting to us were the 36 month, 48 month and 60 month CDs.

M&T Bank 36 Month CD — This M&T CD has an Annual Percentage Yield (APY) of 4.69 percent. This CD requires a minimum deposit of $5,000. We have not seen many 3 year CDs that have this interesting a rate.

M&T Bank 48 Month CD — This CD offers an Annual Percentage Yield of 4.91 percent. This M&T Bank CD requires a minimum investment of $5,000. This is higher than the 48 month CD that we reviewed in our Washington Mutual CD Rates article, though to be fair the WaMu CD only required a deposit of $1,000.

M&T Bank 60 Month CD — This M&T Bank, N.A. CD has an Annual Percentage Yield of 5.04 percent. This certificate of deposit also requires a minimum opening deposit of $5,000. This is one of the highest CD interest rates that we have reviewed, beating even the high interest CD that we featured in our Wachovia CD Rates article.

So, if you are considering a 3 year, 4 year or 5 year CD, you will certainly want to check out these great M&T CD Rates. As always, CD rates and terms can change over time and differ depending on your region, so be sure to check out the M&T Bank, N.A. web site for further information on M&T Bank CD Rates available in your city.

Capital One has gained a lot of visibility in the last few years with their witty commercials. Best CD Rates Info decided to see how Capital One CD rates compare with the other certificates of deposit that we have reviewed.

We were not disappointed with what we found. In fact, we were so impressed with many of the CaptialOne Bank CD rates that the biggest challenge was to decide which CDs to feature in our review. We decided to break the CDs into two categories: Standard CDs and Jumbo CDs.

Standard CDs: We were favorably impressed with many of the standard CDs available in our area, so we selected several to highlight:

• 1 year CD: The one year Capital One CD returns an Annual Percentage Yield of 3.25 percent. That’s a pretty interesting rate for just a 1 year CD. This CD requires a $5,000 minimum deposit.

• 2 year CD: The two year Capital One CD returns an Annual Percentage Yield of 4.00 percent. Again, this is a pretty attractive rate for a fairly short-term CD. This CD also requires a $5,000 minimum deposit.

• 4 year CD: The four year Capital One CD returns an Annual Percentage Yield of 4.50 percent. These days, any CD over 4 percent is worth noting. Again, this CD requires a $5,000 minimum deposit.

• 5 year CD: The five year Capital One CD returns an Annual Percentage Yield of 4.75 percent. At this rate, it is one of the highest rates that we’ve seen for a non-jumbo CD. Yet again, this CD requires a $5,000 minimum deposit.

• 7 and 10 year CDs: Both the seven and ten year Capital One CDs return an Annual Percentage Yield of 5.00 percent. What can we say, a 5 percent CD is pretty rare these days! These CDs also require a $5,000 minimum deposit.

Jumbo CDs: The Capital One Jumbo CDs all had pretty interesting rates. Particularly noteworthy, though, was the 5 year Capital One jumbo CD. The CD interest rate for this offering generates a 5.00 percent Annual Percentage Yield. Each Capital One jumbo certificate of deposit requires a minimum deposit of $100,000.

So, while there may not be as many commercials for Capital One CD rates as there are for other CapitalOne products, their CD rates are definitely worth checking out. Please be sure to check their web site to confirm the current rates and terms in your area, as these items can change over time and vary by region.

Best CD Rates Info has reviewed a good many CDs recently in our search for the highest CD rates. In this article we will highlight the best CD rates among those certificates of deposit that we have recently reviewed. Now, what qualifies for the best CD rates is more than just studying the CD interest rates, and also depends upon the length of the term and the minimum deposit. In the end, it all depends upon your individual investing needs. With that caveat, here are our picks for the best CD rates that we have reviewed so far:

10 Months: It is not often that you will find a CD with a term of less than one year that has an Annual Percentage Yield (APY) greater than 4 percent. However, that’s just what we found with this offering from IndyMac Bank. Please see our review of IndyMac Bank CD Rates for more details.

24 Months: For a 2 year CD, the CD specials at Chase Bank got our attention. If you do not mind the $10,000 minimum deposit, the 3.50 percent Annual Percentage Yield is worth checking out in our review of Chase Bank CD Rates.

30 Months: For a 30 Month CD, the Bank of America Opt-Up CD piqued our interest. This CD has an APY of 3.00 percent, and also give the depositor the option to increase the rate once after 6 months. For more details on this CD, please see our review of Bank of America CD Rates.

48 Months: With a minimum deposit of only $1,000, the 48 month CD at Washinton Mutual can be of interest to all investors. This WaMu CD has an APY of 4.25%. Please see our review of Washington Mutual CD Rates for more details.

60 Months: When it comes to a 60 month CD, it is hard to beat the 60 month CD from Wachovia Bank. This CD has an Annual Percentage Yield of 4.75 percent, one of the highest CD rates that we have reviewed. For more information, please see our full review at Wachovia CD Rates.

84 Months: We have recently become aware that Chase Bank is offering an 84 month CD Special in some areas (but apparently not all areas) with an APY of 5.00 percent. That is an impressive rate, if you don’t mind the $10,000 minimum deposit.

We do hope that you have found this review of the best CD rates helpful. As a reminder, CD rates and terms can change quickly and may vary with your region, so please visit the bank web sites to confirm the current offers available in your area.

Best CD Rates Info recently published an article about Wachovia CD Rates discussing a high interest long term CD available at Wachovia. As of the date of this post, it is still hard to beat the CD interest rates for the 60 month CD that was the focus of that last review. However, Wachovia has a variety of certificates of deposit available, so we decided to take another look at Wachovia Bank CD rates to continue our search for the best CD rates.

For the focus of this article we wanted to review a medium term length CD. So, we chose to focus on the Wachovia 24-Month Step Rate CD for the subject of this review. This Wachovia CD is an interesting product, in that the initial interest rate is increased on three occasions during the 2 year term.

For our area, the Wachovia 24 Month Step Rate CD starts with an Annual Percentage Yield (APY) of 2.90 percent. For the first “step” at 6 months, the APY increases to 3.02 percent. One the second step at 12 months, the Annual Percentage Yield increases to 3.18 percent. Then, on the final step at 18 months, the APY increases to 3.33 percent.

According to Wachovia, these steps produce a blended yield of 3.10 percent. In our opinion, this CD compares pretty favorably to other CD bank rates for a 24 month CD, especially one that only requires a $1,000 minimum balance. Another interesting feature about this Wachovia CD is that you can make partial withdrawals on each of the three days when the rate steps up, without any penalties as long as you maintain at least a thousand dollar balance.

With a respectable rate, a low minimum balance, guaranteed rate increases, and opportunities to withdraw funds without penalties, this Wachovia 24-Month CD is likely to appeal to many investors. Be sure to check the Wachovia web site to confirm the details for your area, as rates and terms can vary by region.

Citibank ranks among the largest banks in the United States, and has a presence in over 100 countries around the globe. Best CD Rates Info decided to review Citibank CD Rates in our effort to find the highest CD rates available.

Citibank has basically one “flavor” of certificate of deposit, a standard CD with a $500 minimum deposit for CDs opened online. With those constants, CD rates for Citibank vary depending upon the length of the term of the CD. We decided to profile one short term Citibank CD an one long term Citibank CD.

Most interesting to us among the Citibank CD Rates of short term CDs is the Citibank 9 Month CD. With an interest rate of 2.71 percent and an Annual Percentage Yield (APY) of 2.75 percent in our area, the Citibank 9-month CD seems fairly appealing for a short-term CD. However, for investors with $5,000 to invest who are open to a one month longer term, you may want to read about the IndyMac Bank CD rates for their 10 Month CD Special.

If you are looking for a long term CD, in our opinion the most interesting Citi offering is the Citibank 5 Year CD. In our area an interest rate of 3.68 percent and an Annual Percentage Yield of 3.75 percent is offered for the Citibank 5-year CD. While not too bad considering the $500 minimum deposit, investors with $5,000 or more may want to read our review of Wachovia CD rates.

Given the low minimum deposits required, and respectable interest rates, Citibank short term and long term CDs will likely appeal to some investors. Citibank CD interest rates and other terms can vary by region and change with time, so be sure to visit the Citibank web site to confirm the current offerings in your area.

Chase Bank (formerly known as Chase Manhattan Bank) is part of the huge JPMorgan Chase empire. Best CD Rates Info decided to review Chase Bank CD rates in our continuing quest for the best CD rates.

CD rates at Chase Bank basically come in two categories: the standard Chase Certificate of Deposit and Chase CD Specials. We will take a quick look at the CD interest rates for both types of Chase CDs.

The standard Chase Certificate of Deposit is available in terms of 6, 12, 18, 24 and 36 months. While rates could be better in your area, in the sample of areas we chose, the highest CD rates for these offerings was an Annual Percentage Yield (APY) of 2.25 percent. While the minimum opening deposit is only $1,000 for these CDs, we found this APY less than inspiring.

The outlook brightened when we reviewed the Chase CD Specials. While these Chase CDs require a $10,000 minimum deposit, they reward investors with significantly higher interest rates. In the areas of our sample, we found the Chase Special 6 month CD with a 2.50% APY; the 12 month CD with a 3.00% APY; the 24 month CD with a 3.50% APY; and the 48 month CD with a 4.00% APY. Not too shabby, in our opinion.

So, if you don’t mind the $10,000 minimum opening deposit, the Chase CD Specials could certainly be worth considering. Please note that rates and terms can change with time and vary by region, so please be sure to check the Chase web site to confirm the current CD rates available in your area.