Washington Mutual (WAMU) has the best CD rates for 12 month CDs at an amazing 4.50% APY interest rate! This is a very high CD rate for a nationwide, reputable bank. This rate only applies to certificates of deposit accounts opened online and does NOT apply at their normal bank branches.
- Only $1000 minimum required to open a new CD account
- FDIC Insured
- Can take as little as 7 minutes with their online application
Comparison of 1 year CDs (12 month CDs) at other banks:
- etrade: 3.45% APY
- eloan: 4.35% APY
- countrywide: 3.90% APY
September 3rd, 2008
0.85%