For shorter term, Borel Private Bank & Trust Company has a 5-month CD with a 3.25% annual percentage rate.
For online savings, HSBC Bank is paying 2.60%.
With rates so low, banks will try to sell you their annuity products. Make sure you read our article: Beware of Annuities
The table below shows the best CD rates for other terms. If that table is hard to read, then try Very Best CD Rates.
"Highest CD Rate Survey + Current US Treasury Rates"
| Term | Date | Highest Rate (APY) | Where? (Click link for Full Rate Sheets) |
| Daily Savings | 1/14/09 | 2.09% | Vanguard Prime Money Market Fund |
| Tax Exempt | 1/14/09 | 0.79% | Vanguard Tax Exempt Money Market Fund |
| Online Savings | 1/14/09 | 2.60% | HSBC Bank |
| 3-Month Treasury | 1/14/09 | 0.10% | US Treasury Rates at a glance |
| 6 Months | 1/14/09 | 2.95% | Ascencia Internet Bank |
| 6-Month Treasury | 1/14/09 | 0.28% | US Treasury Rates at a glance |
| 9 Months | 1/14/09 | 1.55% | Wachovia Bank |
| 1 Year | 1/14/09 | 3.28% | Pacific Mercantile Bank 3.20% @ UmbrellaBank |
| 1 Year Treasury | 1/14/09 | 0.43% | US Treasury Rates at a glance |
| 18 Months | 1/14/09 | 3.25% | UmbrellaBank |
| 2 Years | 1/14/09 | 3.25% | iGObanking.com and Presidential Bank |
| 2 Year Treasury | 1/14/09 | 0.73% | US Treasury Rates at a glance |
| 3 Years | 1/14/09 | 3.35% | Discover Bank |
| 3-Yr Treasury | 1/14/09 | 1.03% | US Treasury Rates at a glance |
| 4 Years | 1/14/09 | 4.25% | PenFed Credit Union & 4.00% @ Flagstar Bank |
| 5 Years | 1/14/09 | 4.50% | Pentagon Federal Credit Union & 4.00% @ WaMu |
| 5 Yr Treasury | 1/14/09 | 1.36% | US Treasury Rates at a glance |
| 7 Years | 1/14/09 | 4.50% | Pentagon Federal Credit Union |
| 10 Yr Treasury | 1/14/09 | 2.20% | US Treasury Rates at a glance |
| 30 Yr Treasury | 1/14/09 | 2.91% | US Treasury Rates at a glance |
With rates so low, banks will try to sell you their annuity products. Make sure you read our article: Beware of Annuities
Related information:
Old Suite101 username Mike_1 here. I guess BB missed this one. What happened to the Suite101 forum? I called this crash a little early, but better early than never. DOW 8000 low for today. I'm calling DOW 7000 by the end of 1stQ 2009 earnings season. Best of luck to everyone.
ReplyDeleteHi Mike
ReplyDeleteI left 101 to write for myself and keep ALL the ad revenue on the web pages rather than get a tiny fraction.... Send me an email and I can send you links for a facebook Brinker forum some of us post at plus many post here and in the comments section for Honey's Bob Brinker Beehive Buzz.