Best CD Rates - Top CD Rate Survey by Term

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.

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

Vanguard Money Market Rates shown for Reference

• Easy to Read Best CD Rate Survey

With rates so low, banks will try to sell you their annuity products. Make sure you read our article: Beware of Annuities.The one year US Treasury rate is currently 0.28%.

• Quotes: US Treasury Rate Quotes
• Graphs: US Treasury Rates at a Glance