Highest 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 3.75% APY.
For shorter terms, Sallie Mae Bank has a 1-year CD with a 1.55% annual percentage rate. The one year US Treasury only pays 0.25%!
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.
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 3.75% APY.
For shorter terms, Sallie Mae Bank has a 1-year CD with a 1.55% annual percentage rate. The one year US Treasury only pays 0.25%!
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 August 3, 2010
Term | Highest Rate (APY) | Where? (Click link for Full Rate Sheets) |
Vanguard Daily | 0.12% | Vanguard Prime Money Market Fund |
Vanguard Tax Exempt | 0.14% | Vanguard Tax Exempt Money Market Fund |
FDIC Daily Savings | 1.40% | Best Savings Account Rate Survey |
6 Month CD | 1.25% | Flagstar Bank |
1 Year CD | 1.55% | Sallie Mae Bank & 1.50%@ Discover Bank |
1 Yr US Treasury | 0.25% | US Treasury Rate Quote |
18 - Month CD | 1.70% | newDominionDIRECT |
2 Year CD | 2.00% | newDominionDIRECT & 1.94% Bank of Internet |
3 Year CD | 2.40% | newDominionDIRECT |
4 Year CD | 2.60% | newDominionDIRECT |
5 Year CD | 3.05% | Astoria Federal Savings Bank |
5 Yr US Treasury | 1.55% | US Treasury Rate Quote |
7 Year CD | 3.75% | Pentagon Federal CU aka PenFed |
10 Year CD | 3.50% | Discover Bank |
10 Yr US Treasury | 2.91% | US Treasury Rate Quote |
- Easy to Read Best CD Rate Survey
- Quotes: US Treasury Rate Quotes
- Graphs: US Treasury Rates at a Glance
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