Real people helping real people get great savings
| May 28, 2010 at 4:37PM | |
|
|
What's the best place to get the best CD rates?I'm looking to invest some money into a CD. I want one where I can add to it later if I decide. I don't mind keeping the money in for a long time and not being able to take any out without a penalty. I just wanna know what the highest rate I can get is. Thanks in advance. |
| May 28, 2010 at 4:53PM | |
|
|
1 of 1 people found the following reply helpful: Re: What's the best place to get the best CD rates?BankRate.com is a good site to compare CD rates. They can vary from institution to institution and depending what kind of term you choose and how much you're investing. |
| May 29, 2010 at 7:25AM | |
|
|
Re: What's the best place to get the best CD rates?I find the best rates versus availability to be the online banks. I have my savings account at INGdirect.com. At the moment it is only earning 1% interest, but a look at Bankrate.com reveals that the average CD is making only about that much. Ally.com seems to be at the top for 1 year, 2 year, and 5 year CDs, and they have the cutest commercials. ING will give you a $25 bonus if you are referred by a current customer, and give your friend $10. So ask around, or google and there are bloggers willing to email you a code. If you deposit $250, and get the $25 bonus, you have just made 10% for this year. |
