CD (Certificate of Deposit) Rates. Sort by APY, Bank Reviews, Ratings.
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From Bank of America®. Short 7-Mo. Term. Limited Time Offer - Open Now
www.BankofAmerica.com
Why settle for less than 7.75% High interest rate CD's and IRA's
www.mlnbank.com
Invest in High Interest Alternative to a Bank CD. Contact Our Experts!
www.ResCapInvest.com
Certificate of Deposit Auctions. Bid. Win. Save.
www.zionsdirectauctions.com
Find High CD Rates in Your Area. + Interest Calculators & Savings Tips
www.Interest.com
Beat Any Rate in the US Guaranteed. 8% Savings Government-Insured...
bankcd.com
Federally Insured Savings Network Rates updated daily. 1-888-CDRates
www.fisn.com
Find the Highest Yield CDs in Your Region! Choose Term Length & More.
www.BankingMyWay.com
Lend Money to people instead of a bank. Earn outstanding returns!
www.Prosper.com
Use Our Directoryof Banks to Comare CD and Online Savings Rates.
www.CDSandOnlineSavings.com
Interest rates are tiered in the Dominican Republic, so the rate of interest will be structured according to the amount of the CD. If you prefer to establish a Peso CD, rates are of course higher than interest rates in US Dollars.
www.atrium-incorporators.com
CD (Certificate of Deposit) Rates. Sort by APY, Bank Reviews, Ratings.
CDRates.Bankaholic.com
Compare the top Certificate of Deposit Interest Rates. Sort by APY, Bank Reviews, Ratings.
cdrates.bankaholic.com
Earn a highly competitive rate, plus the terms to fit your needs with a Bank of Internet certificate of deposit.
www.bankofinternet.com
This easy-to-use calculator demonstrates the financial benefits of laddering your Certificate of Deposit maturity dates to take advantage of the higher rates offered by long-term CDs.
www.firstmidwest.com
Our traditional certificate of deposit lets you adjust your CD rate with our Bump Rate feature. Or avoid bank lines while enjoying a great rate on your certificate of deposit with a Online CD account.
www.wamu.com
From Bank of America®. Short 7-Mo. Term. Limited Time Offer - Open Now
www.BankofAmerica.com
Why settle for less than 7.75% High interest rate CD's and IRA's
www.mlnbank.com
Invest in High Interest Alternative to a Bank CD. Contact Our Experts!
www.ResCapInvest.com
Guide to Bank CDs for Your Business Cash
Business certificates of deposit are more flexible than ever and offer higher ratesHere are three things you need to know:
- This is a great way to store your money at a higher interest rate than most money market accounts, but depending on the type of CD you choose, your cash may be locked up for a predetermined period of time.
- You might pay a penalty for early withdrawal, so make sure you know what your bank will charge before you lock the money away.
- Be clear when the CD matures. Don't confuse call features with maturity. A "one-year, non-callable" CD means the bank cannot redeem the CD in one year – but it does not mean the CD matures in one year.
- Look for the new "liquid CDs" that many banks are offering. They park your money for a set period at a higher rate, but generally you can take money out any time you want or re-issue the CD if rates go up.
Action Steps
The best contacts and resources to help you get it done
Shop for the best rates online
Interest rates are constantly changing, and so is the list of financial institutions offering the best CD deal of the moment.
I recommend:
Compare CD rates quickly and easily at Bankrate.com. Use the calculator to compute earnings. Also compare rates at Money-rates.com and see what the big national banks serving small business, such as Bank of America, are offering.
Check out cyberspace investing
Many on-line banks offer higher interest rates than brick-and-mortar banks because their overhead is lower, and they can pass savings to you.
I recommend:
Go to Ing Direct to open and fund a CD in less than five minutes online. There's no minimum, and you can start with a six-month CD. Other options: Emigrantdirect.com, Imperial Capital Banking and HSBC.
Customize your CD
These days, banks will often customize a CD to terms that match your small business needs. So if you're afraid to tie up cash for a year, choose a very short-term CD of one month.
I recommend:
Check out Chase.com and ask for a one-month CD. 1st Mariner Bank offers a flexible CD that lets you bump up the rate once during the term and withdraw without penalty once.
Create a ladder of CDs
Depending on which way interest rates are headed, a CD ladder allows you to lessen your risk, increase your return and gives you access to some of your cash. Buy several CDs at once with different maturity dates, each representing a rung on a ladder.
I recommend:
All of these can create a ladder for you: Countrywide Bank, United Bank, LaSalle Bank and Guaranty Bank.
Tips & Tactics
Helpful advice for making the most of this Guide- Brokered CDs are purchased from financial advisors and brokers who scan the world of CDs and present the best, but your cost will usually come from the annual percentage yield (APY) you earn.
- Non-profit credit unions often offer a higher rate than banks. Choose one insured by the National Credit Union Administration (NCUA), a federal agency.
- Snag a preferred customer rate by opening your CD where you do other banking – but be sure total assets don't exceed $100,000.
