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Top CD Rates Available on Super Bowl XLVII
 

Top CD Rates Available on Super Bowl XLVII

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We have complied a list of the top CD rates as the San Francisco 49ers and the Baltimore Ravens gear up for Super Bowl XLVII. Recently released positive economic news is a good sign that we might see higher bank CD rates before mid-2015, the date the Federal Reserve plans to keep the fed funds rate near zero percent.

We did see average 2 year CD rates and 5 year CD rates move higher in this week's national rate survey released by Bankrate. Average 3 year CD rates increased to 0.91 percent, up from last week's average 2 year CD rate of 0.89 percent. Average 5 year CD interest rates also moved higher this week, increasing to 1.33 percent, up from 1.31 percent. Average 1 year CD rates bucked the uptrend by declining to 0.62 percent, down fro 0.64 percent.

Thankfully, the highest CD rates on all three certificate of deposit terms remained unchanged this week. The highest 5 year CD rate on our rate list from Nationwide Bank remained unchanged at 1.70 percent with an APY of 1.71 percent. The highest CD rates on 2 year certificates of deposit from CIT Bank remained unchanged at 1.19 percent with an APY of 1.20 percent.

The highest rates on 1 year certificates of deposit also remained unchanged at 1.04 percent with an APY of 1.05 percent. Two banks are offering that rate and yield on our 1 year rate list - GE Capital Retail Bank and Colorado Federal Savings Bank. Below are lists of the top CD rates on Super Bowl Sunday 2013.

Best 5 Year Bank CD Rates

  1. Nationwide Bank 1.70% APY 1.71%

  2. EverBank 1.67% APY 1.68%

  3. Discover Bank 1.64% APY 1.65%

  4. E-Loan 1.60% APY 1.61%

  5. The National Republic Bank of Chicago 1.60% APY 1.61%


Best 2 Year Bank CD Rates

  1. CIT Bank 1.19% APY 1.20%

  2. Virtual Bank 1.15% APY 1.16%

  3. ableBanking 1.13% APY 1.14%

  4. California First National Bank 1.13% APY 1.14%

  5. Discover Bank 1.09% APY 1.10%


Best 1 Year Bank CD Rates

  1. GE Capital Retail Bank 1.04% APY 1.05%

  2. Colorado FSB 1.04% APY 1.05%

  3. E-Loan 1.02% APY 1.02%

  4. ableBanking 1.00% APY 1.00%

  5. OneWest Bank FSB 1.00% APY 1.00%


Author: Robert Till
February 3rd, 2013