Below you could find the best CD rates as of 12/01/2008 in the US. The table below includes the name of the bank, the APY and the minimum for opening the certificate of deposit. (check here for full view)
The average APY on the top CD rates in the US declined to 4.31% from 4.34% last week.
With short-term US treasure maturities yields approaching zero, most investors should consider purchasing Certificates of Deposit instead and spreading their purchases across several banks if they have more than $250,000 to invest.
If you are looking to lock in current rates for more than 5 years, check out this recent post on the best long term CD rates.
Tuesday, December 2, 2008
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