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 [...]
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 best:
CD Term
APY
6 Month
5.260%
12 Month
5.450%
24 Month
5.460%
36 [...]
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.