The highest rate of Certificates of Deposit or CD according to Bankaholic website as of July 2012 is 0.290% in Ally Bank's which is compounded daily and is good for 3 months.
I would check out monitorbankrates.com (http://cdrates.monitorbankrates.com/). There, you can research which banks have the highest rate of return in your area.
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certificate of deposit
Everbank has a very high interest rate right now.
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Certificates of deposit rates or CD rates can be compared by visiting the banks that provide them or at the online banks that provide them. One can then decide which rate is right for them.
The rate for certificates of deposit depend on the amount of money and how long it is deposited for. 1 year CD's have about 1.3% with a $1,000 minimum, whereas 3 year CD's have 2%, and 5-year CD's have 2.75%.
E-Loan had the highest CD rate on June 24th, with an APY of 1.260%. This is with a rate of 1.250%, compounded daily, and a minimum deposit of $10,000.
Oh, dude, the best certificates of deposit in the US? Like, that's a tough one. You've got your big banks, your credit unions, online banks... it's like a buffet of options. Just shop around, compare rates, and pick the one that works for you. Easy peasy, lemon squeezy.
A person could the interest rates for certificates of deposit by using an interest rate calculator where the amount of the deposit is entered into an equation and the end result will be how much interest will be earned for the term you want.
There are a wide variety of sites on the internet designed to help consumers find banks with the best certificate of deposit rate. Some examples of these sites include Bank Rate and Ally.
There is a very high interest rate on HSBC bank offer on certificates of deposit. This is because the bank could make more money for itself through collected interest rates.