While doing my daily routine of checking the stock market (bloody!) & interest rate news, I noticed that a few banks were advertising 5.00%+ CD rates.
Indeed, there are now a handful of banks that offer 5.00%+ 5 year CD rates and even a few 5.25% rates for 5 year jumbo CDs.
I pulled the [...]

Good news for savers! The Federal Reserve has made it clear that they are actively going to try to fight inflation! This news has sent interest rates on long term certificate of deposits soaring! In the coming months, we should continue to see steady increases in deposit rates all across the board.
Money market and [...]

Bernanke and the rest of the Federal Reserve are expected to lower interest rates by 25 basis points (0.25%) this Wednesday to 2.00%.
Most experts speculate that after this Wednesday’s cut, Bernanke will keep rates unchanged for the next few months.
This is a tough situation for those looking to open a certificate of deposit account. [...]

It is quite easy to open a certificate of deposit account and there are ways to benefit from it as well. The more obvious is looking at the interest rate offers from banks and financial institutions. This factor alone can make a difference in investing in your CD account.
A certificate of deposit account generally thrives [...]

Ben Bernanke and all the other clowns at the Federal Reserve are meeting on March 18, 2008 to cut interest rates AGAIN.
Be warned that futures traders are considering the possibility of a full 1.00% cut!!
I kid you not. Per this article on Bloomberg.
“Interest-rate futures show a 10 percent chance the Fed will cut [...]

Zions Direct offers customers the opportunity to bid on Certificates of Deposit in online auctions. By cutting out the middleman and marketing directly to individuals, Zions Direct CD Auctions allow investors to beat the national average and earn higher yields.
Zions Direct uses a simple, open bidding process, which allows investors to check the status [...]

No joke! 9 months ago, when rates were sky high, I locked in a 5.75% APY 9-month CD account at World Savings Bank (now Wachovia Bank). Last week, on February 12, 2008, my CD matured, so I went to my local Wachovia to withdraw my money.
The advertised rates for Wachovia were horrible. They were all [...]

There’s a 5.41% APY CD Rate over at World Savings Bank. The terms a 6-months certificate of deposit and $10,000 minimum deposit.

Unfortunately, this is down from the World Savings 5.56 CD Rate (expired rate) that was advertised a few weeks ago. Nevertheless, World Savings has killer bank cd rates once in awhile.

CD Rates have been on a slow decline over the last few months, so it’s nice to see that IndyMac Bank is bumping the interest rate of its 6-month certificate of deposit to 5.50% APY. Minimum deposit for the online account is $5000. This is a pretty high rate from a very reputable bank. Also, [...]