10 year CD Rates

Several readers have contacted about longer term CD Rates. Most of the information that I publish in my weekly Best CD Rates column does not look past 5 year CD's. I believe that with the FED cutting interest rates to one percent, the shart drops in overall prices and the drop in the stock market has lead few choices for consumers to achieve a decent rate of returns on their hard earned money. I think that in the current deflationary economy investing in CD's with longer term maturities could benefit investors. So what rates can you get on longer term FDIC insured certificates of deposit? I looked at ten year certificate of deposit rates in order to find out the highest yields available nationwide:

Term Bank Rate APY Minimum

10 year Capital One Bank 5.35% 5.50% $5000

10 year KeyDirect 5.35% 5.50% $5000

10 year Discover Bank 5.30% 5.44% $2500

10 year Intervest National Bank 5.17% 5.31% $2500

If ten years sounds like a big committment, then check out the best seven year CD rates in the USA.

Term Bank Rate APY Minimum

7 year Capital One Bank 5.35% 5.50% $5000

7 year Discover Bank 5.15% 5.28% $2500

7 year Intervest National Bank 5.14% 5.27% $2500