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According to BankRate, the bank with the best CD interest rates is MetLife with a rate of 1.3%. However this requires a minimum deposit of $25,000. The highest interest rate available without a minimum balance is Ally Financial with a rate of %1.2. Keep in mind that interest rates fluctuate.
As of November 2011, The best interest rates on deposits are:
Short Term (Approximately around 6 months)
Bank NameRate of InterestDeposit PeriodHDFC Bank7.75%6 month 16 daysICICI Bank7.75%190 daysPunjab National Bank8%180 days to Less than 1 yearState Bank of India7.25%91 days to 179 daysIndian Bank7.75%181 days to 9 monthsAxis Bank7.5%6 months to Less than 1 yearKarur Vysya Bank7.65%31 days to 270 daysIndian Overseas Bank7.75%91 days to 120 daysIDBI Bank8%91 days to Less than 6 monthsKotak Mahindra Bank7.75%91 days t0 180 days
Long Term (1 year or More)
Bank NameRate of InterestDeposit PeriodHDFC Bank9.25%1 year 16 daysICICI Bank9.25%390 daysPunjab National Bank9.35%777 daysState Bank of India9.25%Greater than 1 yearIndian Bank9.5%1 to 3 yearsAxis Bank9.4%1 year to 14 monthsKarur Vysya Bank9.75%1 to 3 yearsIndian Overseas Bank9.25%444 daysBank or Baroda9.35%444 daysIDBI Bank9.5%500 daysKotak Mahindra Bank9.5%1 year to 389 days
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What bank offers the best CD interest rates?
Currently the best CD interest rates are offered by Nexity Bank, with an APY of 1.31% on a one year CD with a minimum balance of $1000. Ascencia bank has good interest rates as well, 1.20% on a one year CD.
Where can you find the best CD interest rates?
CD rates refer to Certificate of Deposit rates. To find the best CD interest rates in your area, you should should speak to a financial adviser or contact your local bank representative.
What is the interest rate to open at Chase bank for a cd?
Chase bank has several options for CD and interest rates. The interest rates will vary from each person and city/state. To find out the best rates in your area, visit a Chase bank in person or visit their website.
What bank pays the highest cd interest rates?
Bank of America offers the highest CD rates in the industry.
Where can I get a high interest rate on bank CDs?
As bank CD rates change often, the best way to locate the highest rates is to contact local banks and inquire as to their current rate on the desired CD product. One can then compare rates to determine which is the best deal.
What bank offers the best CD interest rates?
Currently the best CD interest rates are offered by Nexity Bank, with an APY of 1.31% on a one year CD with a minimum balance of $1000. Ascencia bank has good interest rates as well, 1.20% on a one year CD.
What is the best bank cd interest rate offered in Detroit, MI?
"Huntington" IS THE BEST BANK CD INTEREST RATE OFFERED IN DETROIT WHICH CANNOT BE COMPARED WITH THE OTHER BANK CD RATES
Where can you find the best CD interest rates?
CD rates refer to Certificate of Deposit rates. To find the best CD interest rates in your area, you should should speak to a financial adviser or contact your local bank representative.
What are cdrates?
CD rates are the interest rates you earn on your CD deposit. The rates can vary from bank to bank.
What is the interest rate to open at Chase bank for a cd?
Chase bank has several options for CD and interest rates. The interest rates will vary from each person and city/state. To find out the best rates in your area, visit a Chase bank in person or visit their website.
Which online bank has the highest cd interest rates?
CD Interest rates change daily. Bankrate.com is the best online source for up to date daily information.
What bank pays the highest cd interest rates?
Bank of America offers the highest CD rates in the industry.
What online bank gives the best interest rates for CDs?
Peoples United Bank offers good rates on CD accounts. You can visit www.peoples.com
What bank in Texas has the best CD interest rates?
There are tons of banks in Texas so I figure a link to Bank Rates may help you out. At bank rates you can compare bank rates from anywhere and the web address is; Bankrate.com/CD_Rates .
Which bank offers the highest cd interest rate in Spokane, WA?
CD Interest rates change daily. Therefore the best option for checking for up to date rates is to consult Bankrate.com for your area.
Where can someone find comparisons of CD rates?
Comparisons of CD rates can be found on the Bankrate website. They offer high yield bank CD rates, best certificate of deposit interest rate and savings investment.
What banks offer the highest CD interest rates for 5 year terms?
The CD interest rates vary from bank to bank. You can find rates for different banks on their websites or by visiting office locations.
