The National Average CD Rates for Short Term Certificate of Deposits Have Gone Down.
Current Best CD Rate for 3 Months:
As of the week ending on August 14, 2009, the average cd rate for 3-month certificate of deposits has decreased and is now at 0.0684 percent. The prior week, the average cd rate was 0.701 percent. Among banks, Ally bank is currently offering a 1.14 percent cd rate – one of the highest cd rates for 3-month certificate of deposits.
Current Best CD Rate for 6 Months:
The average for 6-month CD rates is .0937 this week, which is down from last week’s 0.988 percent. Although the national average on 6-month cd rates is low – it’s possible to find many banks offering higher than the current national cd rate. AIG bank currently has a 6 month CD rate at 1.55 percent.
Current Best CD Rates for 12 Months:
The national average this week for 12-month CD rate is at 1.257 percent – a decrease from last week’s 1.271 percent. For one of the highest 12-month CD Rates you can look into Discover Bank’s 1.98 percent CD rate – which is one of the better rates available to consumers.
Search for the Best CD Rates on Go Banking Rates.
<small>Banks given are base on National Banks</small>
