Stand Out Deal Still Tops 3-Month CD Rates

We look at hundreds and hundreds of CD rates every day, and this deal from iGObanking continues to stand out from the crowd.

The online division of Flushing Savings Bank in New York is paying 1.35% APY on its 3-month CDs.

That not only leads our rankings of the best 3-month CD rates, it’s more than you can make with the best nationally available 6-month CD rates.

It even beats the average returns on 1-year, 2-year and even 3-year certificates of deposit.

Outliers like this usually stick around for a week or two, and then disappear. But iGObanking has stuck with this deal since early August.

It also requires a modest $1,000 minimum deposit to qualify for that rate. The three banks offering the next best 3-month CD rates require a hefty $10,000. They are:

1.01% APY from ISN Bank, which has offices in Cherry Hill, Woodstown and Somers Point, N.J.

0.95% APY from Virtual Bank, an online division of Lydian Private Bank in Palm Beach Gardens, Fla.

0.90% APY from Goldwater Bank, which has a single location in Scottsdale, Ariz.

All of these banks allow savers to buy CDs online, regardless of where they live.

Compare these returns with the best CD rates from scores of other banks in our extensive database.