Best CD Rates: Highest 12 Month CD Rates at 1.25%
Best CD Rates: The highest CD rates at banks right now for 12 month certificates of deposit available nationally are at 1.25%. E-loan.com is offering 1 year bank CD rates at 1.25% with a bank CD yield of 1.26%.
You can find the highest CD rates at banks right here: Highest CD Rates.
Discover Bank is right behind E-loan.com offering 1 year CD rates at 1.19% with CD yields at 1.20%. Right behind Discover Bank is Ally Bank. Ally Bank CD rateson 1 year CDs is at 1.18% with a CD yield of 1.19%.
Other national banks offering certificate of deposit rates that are higher than most include Sallie Mae Bank. The bank is offering 1 year CD rates at 1.19% with a CD yield of 1.20%.
Don't expect CD interest rates to increase anytime soon. The Fed just announced they are keeping the Fed funds rate at an exceptionally low rate of zero percent to 2013.
RatesORama.com Average Mortgage Rates
Federal Reserve Concerned About Stimulus Side Effects Which Could Lead to Higher CD Rates Before Mid-2015