CD Rates
Find high yield CD rates below or read the latest certificate of deposits analysis here.
The rate information above is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com.
All rates are subject to change without notice and may vary branch to branch. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.
Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.
Rate collection and criteria: Click here for more information on rate collection and criteria.
WEEKLY CD RATES ANALYSIS – Dec. 8, 2016
Interest Rate Roundup
CDs
- 1-year CD yields: 0.31%
- 5-year CD yields: 0.82%
Rates on certificates of deposit were mostly unchanged in Bankrate's weekly survey of CD rates.
The five-year CD yield stayed at 0.82 percent for the third consecutive week. The typical one-year CD yield remained at 0.31 percent for the 11th straight week.
For a deposit of $100,000, the average one-year jumbo CD yield stayed at 0.34 percent for the 12th week. The five-year jumbo CD yield rose 1 basis point, to 0.88 percent.
The average money market account yield stayed at 0.11 percent for the 30th consecutive week.
CD Basics
How to complain about your bank
If you think your bank or credit union made a mistake, these agencies offer assistance. Read more
Treasury securities a safe choice
These government-backed investments offer a risk-free way to save. Read more
Thrift, bank or credit union?
Do you do your saving at a bank, a thrift, or a credit union? Here's how to know. Read more
Lock up higher interest with CDs
Certificates of deposit offer fatter returns on your savings -- but there's a catch. Read more
CD Rate News
Weekly CD rates update
Here are the average CD rates from Bankrate's weekly survey of large banks and thrifts. Read more
Use TIPS to battle inflation
As inflation concerns grow, take a look at Treasury inflation-protected securities. Read more
5 smart strategies for buying CDs
Consider your personal financial objectives and risk tolerance when making decisions. Read more
A certificate of deposit, or CD, is one of the safest and most predictable investments around. As long as the CD is backed by the FDIC, it's guaranteed not to lose principal, and in most cases, investors can count on earning a stable return for the full term of the CD. Find out more about the factors that you need to consider when choosing a CD below.
-
Term
The length of time until the CD matures and the money deposited within can be withdrawn without penalty.
-
APY
Short for annual percentage yield, APY is the total return of the CD per year, taking into account the beneficial effect of compounding.
-
Rate
The percentage of the CD's principal paid out annually in interest. Does not take into account the effect of compounding.
-
Minimum deposit
The minimum amount of money you need to open a particular CD. Banks may be willing to pay higher rates of interest on CDs with higher minimum deposits.
-
FDIC-insured
Short for Federal Deposit Insurance Corporation, the FDIC is an independent government-backed agency that covers the deposits of accountholders at FDIC-insured banks. FDIC-insured deposits are backed by the full faith and credit of the U.S. government, and since the agency was established in 1933, no depositor has lost a single cent of insured principal.