Current CD Interest Rates on 1 Year, 2 Year and 3 Year Certificates of Deposit
Current CD rates are low and have been lower the past several years. While the difference in the best CD rates or lowest CD rates for a particular certificate of deposit term isn't much right now it still pays to search for the highest CD rates. Below we have complied the top CD interest rates on our rate lists for 1 year, 2 year and 3 year certificates of deposit.
Average 1 year bank CD rates are at 0.71 percent in Bankrate's national rate survey. The Federal Deposit Insurance Corporation's (FDIC) national average rate survey is even lower at 0.27 percent.
There are 1 year CD rates at banks higher than the averages. Right now the best 1 year CD bank rates on our list are at 1.09 percent with an APY of 1.10 percent.
Three different banks are currently offering this rate and yield. CIT Bank CD rates, Doral Bank CD rates and Bank of Internet CD rates on 1 year certificates of deposit are all that rate and yield.
MetLife Bank is right behind these banks with a 1 year CD rate of 1.04 percent and an APY of 1.05 percent. The third highest rate on our list are Ally Bank CD rates at 1.03 percent an an APY of 1.04 percent.
Moving onto the best CD rates on 2 year certificates of deposit we find current average 2 year rate in bankrate's rate survey is at 0.92 percent. The highest CD rate is from CIT Bank. Current 2 year CIT Bank CD rates are at 1.24 percent with an APY of 1.25 percent.
The second highest CD rate on 2 year certificates of deposit on our rate list is from ableBanking. The bank's current 2 year rate is at 1.19 percent with an APY of 1.20 percent. The third best rate on our 2 year rate list is from three different banks. Barclays Bank CD rates, Doral Bank CD rates and Discover Bank CD rates are all at 1.14 percent with an APY of 1.15 percent.
Moving onto the third best CD rate on 2 year certificates of deposit we have Ally bank. Current Ally Bank CD rates are at 1.13 percent with an APY of 1.14 percent.
Right now the current average 3 year CD rate in the FDIC's national rate survey is at 0.62 percent. Jumbo CD rates are averaging 0.63 percent in the FDIC's rate survey.
We have 3 year CD rates that are well above the FDIC's average rates. Doral Bank tops our 3 year CD rates list at 1.44 percent with an APY of 1.45 percent. CIT Bank which tops our rate list on 1 year and 2 year CD rates has the second highest 3 year CD rate at 1.41 percent with an APY of 1.42 percent.
The third highest 3 year rate on our list is from three different banks. Discover Bank CD rates, Barclays Bank CD rates and ablebanking CD rates on 3 year CDs are all at 1.34 percent with an APY of 1.35 percent. Ally Bank 3 year CD rates on 3 year CDs are right behind at 1.33 percent with an APY of 1.34 percent.
CD CalculatorsCD Ladder Calculator
Recent CD Rate Articles
Savings RatesSavings Accounts
Bank Savings Accounts
Credit Union Savings Accounts
Mortgage RatesMortgage Refinance Rates
Bank Mortgage Rates
Credit Union Mortgage Rates
CD Rate Archives
CD InformationJumbo CD Rates
Using a CD Calculator
FDIC Certificate of Deposit Insurance up to $50 Million
Direction of CD Rates in 2010
Historical CD RatesCD Rates from American Express Bank
Top 12 Month CD Rates
Top 18 Month CD Rates
Three Month CD Rates and CD Yields
AIG Bank CD Rates
Bank CD Rates - January 5, 2009
Ally Bank CD Rates
Discover Bank CD Rates
ING Direct CD Rates
Average CD Rates
CD Rates - Current 12 Month Bank CD Rates