http://www.bestratecds.com Best Rate CDs - Find the Highest certificate of deposit rates Mon, 29 Sep 2008 23:25:58 +0000 http://backend.userland.com/rss092 en Dollar Savings Direct is offering an incredibly high interest rate for online savings accounts at 3.75% APY. While this online savings account interest rate is not as high as current CD rates, it is definitely higher than most brick & mortar banks and comparable online banks. They do ... http://www.bestratecds.com/2008/highest-interest-rates-on-online-savings-accounts/ The FDIC (Federal Deposit Insurance Corporation) is a government institution that insures bank deposit accounts up to 100,000 in the event of a bank failure.  Most people know that their normal savings, checking, or CD accounts are covered but there are ways of getting more coverage. If you have ... http://www.bestratecds.com/2008/taking-advantage-of-fdic-protecting-your-money/ 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 ... http://www.bestratecds.com/2008/best-cd-rates-at-wamu-hot-deal/ American Express has one of the best all around credit cards with cash rewards right now. This card is basically exclusive to Costco members since the annual fee is waived for Costco members. Main benefits: 3% cash back for gasoline purchases 3% cash back for restaurant purchases/dining out 2% cash back for travel 1% ... http://www.bestratecds.com/2008/american-express-costco-true-earnings-credit-card/ AmtrustDirect has the best CD rate of 3.51% APY on 6 month CDs. The minimum deposit is only 1000 dollars. Here are some online reviews for Amtrust Direct Bank. If you are interested in 9 month certificates of deposit then AmtrustDirect also has a great rate of 3.76% APY. ... http://www.bestratecds.com/2008/highest-cd-rates-for-6-month-cds-at-amtrust-direct/ Eloan currently has the highest CD rates for 3 month CDs at 3.26% APY. Now this is definitely one of the best rates right now on a short term certificate of deposit. There's a $10,000 minimum deposit required to open a CD at E-loan and they are FDIC ... http://www.bestratecds.com/2008/best-3-month-cd-rates-at-eloan/ Indymac Bank has been shut down however those that had up to the maximum insured amount by the FDIC should be reimbursed 100%. The FDIC will cover up to $100,000 for deposit accounts and up to $250,000 for some IRA accounts. In some cases, amounts over $100000 are ... http://www.bestratecds.com/2008/indymac-bank-fails-fdic-insured/ Gas is very expensive now a days so the best way to save money on gas is to use a credit card that gives you cash back for your gasoline purchases. You are going to buy gas regardless of the price so having a credit card that pays you ... http://www.bestratecds.com/2008/discover-gas-card-5-cash-back/ Here are some links that you can check out for mortgage loan rates. Remember it is always best to shop around to get the best rates. Quicken Loans: Bank of Internet: http://www.bestratecds.com/2008/mortgage-links/ Countrywide Bank has the highest APY for 1 year CDs. Countrywide has a minimum deposit $10,000 for new CD accounts. They also have the best jumbo CD rates since they offer the same 3.95% APY for balances over 250,000 dollars. You will incur a penalty if you ... http://www.bestratecds.com/2008/top-cd-rates-12-month-cerficate-of-deposit-at-395/ indymacBank has a promotion going on right now for new certificates of deposit with a 5000 dollar minimum deposit. They are offering a great 12 month CD rate of 4.15% APY which edges out Countrywide's 1 year CD rate of 4.10% APY. Countrywide's minimum deposit is also double ... http://www.bestratecds.com/2008/special-1-year-high-cd-apy-at-indymacbank/ GMAC Bank has the highest short term CD rates around at over 3.4 % APY for all of their certificates of deposit. If you want to invest your 2008 tax stimulus check money with zero risk then a CD may be right for you. Here's a list of ... http://www.bestratecds.com/2008/highest-6-month-cd-rates-at-gmac-bank/ Countrywide Bank again has some of the highest CD rates around. Their 6 month CD is at 4.05% APY. This applies for Certificates of Deposit with $10,000 minimum deposit. http://www.bestratecds.com/2008/highest-cd-rates-for-6-month-cds-at-countrywide-bank/ iGOBanking has high rates for 5 year CDs (60 month CDs) at 4.30% APY. Their minimum deposit is only $500, so this is a good option for those that may not want to make a long term investment without a large sum of money.  If you only invested $500 ... http://www.bestratecds.com/2008/best-cd-rates-5-years-at-430-apy/ iGObanking has a high APY for their 15 month certificate of deposit at 4.00% APY. This is somewhat of a nonstandard rate since most banks offer 12 month CDs and 18 month CDs with nothing in between. Countrywide bank in comparison has their 12 month CD at 3.50% ... http://www.bestratecds.com/2008/best-certificate-of-deposit-rate-of-400-apy-for-a-15-month-cd/ Countrywide Bank still has the highest CD rates around at 4.45% APY on a 6 month CD with a $10,000 minimum deposit requirement.  Their online savings account APY is also very high at 4.50% however this rate is variable and subject to change at any time.  With a 6 month ... http://www.bestratecds.com/2008/countrywide-bank-high-cd-apy-for-6-month-cds/ Countrywide Bank has the best online savings account rates at 5.00% APY. Compare this with the other companies and they come out on top. eTrade: 4.40% APY ING DIRECT: 3.65% APY HSBC Direct: 3.80% APY Eloan: 4.00% APY You will need to maintain a minimum of $10,000 in your account to get the highest ... http://www.bestratecds.com/2008/best-online-savings-rates-at-countrywide-bank/ Countrywide Bank has the highest certificate of deposit rates on a 3 month CD at an amazing 4.80% APY. There was a lot of concern regarding Countrywide Bank however they were recently bought by Bank of America. Their investment products are also FDIC insured so your money is ... http://www.bestratecds.com/2008/countrywide-bank-best-certificate-of-deposit-rates/ I had an online savings account with Eloan for almost a year because of their high rates. It turns out they were lacking in a few areas that made me close my account with them and switch to ETrade. When I opened my account with Eloan their rates were very ... http://www.bestratecds.com/2008/eloan-online-bank-account-review/ ETrade has a great rate for a 6 month CD at 5.18% APY. Click on the link for list of all their CD rates. It's very easy to open an account with ETrade online.  I actually switched my online savings account from Eloan to Etrade recently. A minimum of $1000 is ... http://www.bestratecds.com/2008/etrade-best-cd-rate-for-6-month-cds/ All of these banks are FDIC insured. The promos do change so check for updates. WT Direct Bank: Bank Of Internet: http://www.bestratecds.com/2008/online-bank-promotions-get-the-best-rates/ Indymac Bank has very high CD rates for their 3 month CD at 5.40% APY.  A high rate on a 3 month CD is great because your money is not tied up for long. The main drawback is that they require $5,000 minimum to open a CD.  They are FDIC insured. In ... http://www.bestratecds.com/2008/indymac-bank-best-cd-rates-for-3-month-cds/ Umbrella Bank has a high rate CD for 6 months at 5.13% APY. This is relatively high considering CD rates offered by other banks at the moment. A quick comparison of other 6 month CDs: ING DIRECT 4.70% APY E-loan 5.06% APY Bank of Internet 4.86% APY Take advantage now because the ... http://www.bestratecds.com/2007/umbrella-bank-6-month-cd-at-a-high-rate-513/ Eloan is offering high CD rates despite the recent interest rate cuts by the Fed. Their 3 month CD is at 5.01% APY and their 6 month CD rate is at 5.05% APY. The only drawback to Eloan is their $10,000 minimum deposit requirement. http://www.bestratecds.com/2007/great-cd-rates-eloan-3-month-cds-6-month-cds/ The Federal Reserve recently cut the Federal Funds Rate by 1/2 a percent, from 5.25% to 4.75%. This rate is the rate at which banks charge each other for overnight loans. Banks will now in turn lower their prime rate, which is the best rate that they offer on loans ... http://www.bestratecds.com/2007/fed-cuts-the-federal-funds-rate/ Bank of the Internet currently has a great CD rate at 5.17% APY on their 6 to 8 month CD. 12 to 17 month CD rates are somewhat less at 5.11% APY. CD rates have dropped since the Federal Reserve cut the prime rate by 1/2 a percent. Read ... http://www.bestratecds.com/2007/bank-of-the-internet-517-apy-6-month-best-cd-rate/ Right now ELOAN has the best CD rate for 3 month CDs at an 5.55% APY. This is even higher than their 6 month CD that is at 5.20% APY. Opening a 3 month CD with ELOAN is one of the smartest investments that you can make if you are ... http://www.bestratecds.com/2007/eloan-555-apy-for-3-month-cds-the-highest-cd-rate-for-only-3-months/ Washington Mutual (WAMU) is offering a very high rate CD for 6 months at 5.50% APY. This is definitely one of the highest rates at a trusted well known bank. This rate only applies for CDs that are open online. Here's a comparison of other "big banks" to put ... http://www.bestratecds.com/2007/washington-mutual-550-apy-cd-highest-6-month-cd-rate/ Bank of Internet currently has the best CD rates around. CD rates have dropped somewhat in the past few weeks. Hopefully you locked in a good rate a month or two ago. Bank of Internet is FDIC insured. Here are their current CD rates: Personal CDs APY 6 Month ... http://www.bestratecds.com/2007/bank-of-the-internet-highest-cd-rates-551-apy/ ELOAN currently has the highest CD rate for 60 month CDs at an amazing 5.60% APY. I currently have an online savings account with them since they offered the best interest rates at the time. There's a $10,000 minimum to open any CD account at ELOAN and they are FDIC ... http://www.bestratecds.com/2007/eloan-560-apy-5-year-cd-best-cd-rate-for-60-month-cd/ Transportation Alliance Bank is offering the best CD rates on their 24 to 60 month CDs. If you open a 2 year CD you will get 5.48% APY and for CDs between 3 and 5 years you will get the currently highest CD rate of 5.50% APY. The minimum deposit ... http://www.bestratecds.com/2007/transportation-alliance-bank-high-rate-cds-550-apy/ Element Direct has many different tiers for their CD rates. They have minimums ranging from 5000 to 100000 dollars. Here’s the general breakout as of today: $5,000 Minimum Deposit CD Rates: Term APY 3 Month CD 5.35 % 6 Month CD 5.44 % 9 Month CD 5.42 % 12 Month CD 5.42 % 18 Month CD 5.41 % 24 Month CD 5.41 % 30 ... http://www.bestratecds.com/2007/element-direct-cd-rates/ WTDirect (the online division for Wilmington Trust) is offering their online savings account at 5.26% APY. This appears to be a good rate for online savings initially however here is the fine print: No minimum deposit For the first 60 days you will earn 5.26% APY on all your money After 60 ... http://www.bestratecds.com/2007/wtdirect-526-online-savings-account-read-the-fine-print/ Countrywide Bank is offering a high rate Online Savings Account at 5.40% APY. This is a great rate for an online savings account if you don't already have one. There is a relatively high minimum deposit of $50,000 to qualify for this rate. You are limited to 6 withdrawals per month. Also ... http://www.bestratecds.com/2007/countrywide-bank-540-apy-online-savings-account/ Countrywide Bank is offering a high rate CD of 5.40% APY for only 6 months. This is one of the best CD rates around for a 6 month CD. They do require a $10,000 minimum deposit to secure this high rate. Also check out their 5.40% Online Savings ... http://www.bestratecds.com/2007/countrywide-bank-540-apy-6-month-cd/ While the name Bank of Internet may sound sketchy, they have actually been established as an "internet bank" by the FDIC shows that they have been in business since 2000 and they are indeed insured by the FDIC. The current Bank of Internet CD rates are right up there with the ... http://www.bestratecds.com/2007/bank-of-internet-up-to-551-apy-cds/ FNBO Direct is offering their online savings account at an amazing 6.00% APY with $1.00 initial deposit and no minimum monthly balance. This rate is guaranteed until September 28, 2007 so you still have time to make some money on this deal. There are potential fees associated with ... http://www.bestratecds.com/2007/fnbo-direct-600-apy-online-savings-account/ iGOBanking.com is offering a promotional 8 month CD at 5.40% APY with only $500 minimum deposit. This is for new and existing customers however the money must be "new money" and can't be transferred into this new CD account from an existing igobanking.com account. This is an excellent ... http://www.bestratecds.com/2007/igobankingcom-540-apy-8-month-cd/ iGOBanking.com is offering their online savings account at 5.30% APY. Good: No minimums Highly competitive rate for savings CD Rates aren't bad (currently 5.30% APY for a 6 month CD) If you're planning on opening CDs in addition to your online savings account then it may be better to go with a bank that consistently ... http://www.bestratecds.com/2007/igobankingcom-530-apy-online-savings-account/ ING DIRECT has their standard Online Orange Savings Account at 4.50%. Here are some of the benefits of having an account with ING DIRECT: no minimum deposit required unlimited withdrawals and deposits ability to schedule future and/or recurring deposits highly competitive interest rate ease of opening additional accounts (you can open additional savings accounts ... http://www.bestratecds.com/2007/ing-direct-450-apy-online-savings-account/ Citibank is offering their online savings account at 4.65% which is better than average but not as high as the best banks out there. However the $100 dollar bonus is definitely something to consider. Take advantage quickly because this offer expires on May 31, 2007. No minimum deposit No fees You ... http://www.bestratecds.com/2007/citibank-direct-ultimate-savings-account-465-apy-100-bonus/ ELOAN currently has the best CD rate on their 1 year CD at 5.45% APY. They edge out Umbrella bank (with Umbrella bank's 1 year CD at 5.40% APY.) The only problem with ELOAN is that you need a minimum $10,000 deposit. http://www.bestratecds.com/2007/eloan-545-apy-1-year-cd/ Many people don’t understand the awesome power of compounding interest. Simply put, compounding interest is making more money with the interest gained from your investment. This way the total principle that you have in the account to gain interest goes up all the time. Even though the ... http://www.bestratecds.com/2007/compounding-interest-rates/ CD is a common abbreviation for a Certificate of Deposit. CDs are one of many investment products offered by banks however it is one of the simplest to understand. Banks offer CDs to customers to guarantee a specific interest rate or APY for the customer for a certain ... http://www.bestratecds.com/2007/what-is-a-cd/ Currently UmbrellaBank.com has the best rate on a 6 month CD. A very good investment choice since the minimum opening deposit is only $1000. http://www.bestratecds.com/2007/umbrella-bank-542-apy-6-month-cd/ Make sure you’re making money instead of spending it That’s right, you can lose money in an “investment” account if you’re not careful. Inspect the fine print whenever you sign up for a new investment account, whether it be savings, checking, CD, money market, and even 401k and retirement plans. ... http://www.bestratecds.com/2007/the-basics-of-online-savings-and-cds/