bank rates

The CD Rates Leaderboard For August 2

Here’s where to find the best nationally available deals on 3-month to 5-year certificates of deposit.

We're starting out the week with new leaders for 3- and 6-month CDs.There are a couple of newcomers today, and you’ll almost certainly notice an unusual twist right at the top — the best 3-month CD is paying more than the best 6-month CD.

We’ll see how long that lasts.

To check the complete rankings, just click on the term you’re interested in.

3-month CD: 1.35% APY from iGObanking, the online division of Flushing Savings Bank in Flushing, N.Y., with a $500 minimum deposit.

6-month CD: 1.25% APY from NewDominion Bank with a $3,000 minimum deposit.

12-month CD: 1.76% APY from Melrose Credit Union with a minimum deposit of $5,000.

24-month CD: 2.05% APY from NewDominion Bank with a $3,000 minimum deposit.

36-month CD: 2.52% APY from Melrose Credit Union with a $5,000 minimum deposit.

60-month CD: 3.29% APY from Melrose Credit Union with a $5,000 minimum deposit.

Most credit unions have membership requirements that don’t make it possible for anyone to join — and that disqualifies them from our rankings.

But Melrose has a unique open charter that allows all U.S. residents to join, regardless of where they live or work, and it only costs $1 to sign up.

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

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  1. DealMaven said:
    on August 3rd at 09:39 am

    Our rate check this morning found The CD Rates Leaderboard For August 2 unchanged.

    When a rate does change, you’ll see it here first.