CD Rates

I operate a banking site where I find the highest cd rates and write about the banks that have them. I compare those rates to savings account rates. I also do reviews of other online banking products like checking accounts.

Here are some tips if you're thinking about opening a cd, not all banks offer the same cd rates. Banks will often offer temporary high cd rates in order to attract more lifetime customers. The key is to get in while the rates are high, and leave if the rates become uncompetitive. You also have to make sure the bank is not in financial trouble too. Banks in trouble will often offer higher rates in order to try to get more customers. It's a desperation move that you'll need to avoid.