Best CD Rates Anywhere

The top rates for CDs this week are at Pentagon Federal Credit Union (fondly known as PenFed CU) for 5 and 7-year certificates of deposit that currently pay 4.00% APY.

For shorter term, GMAC Bank has a 1-year CD with a 2.50% annual percentage rate.

For online savings, GMAC Bank is paying 2.50% on any deposit over $500.

For the Santa Clara County, Star One Credit Union is paying 2.40% on its savings account plus you can get $25 to open an account for as little as $50. Details

With rates so low, banks will try to sell you their annuity products. Make sure you read our article "Beware of Annuities."

The table below shows the best CD rates for other terms. If that table is hard to read, then try Very Best CD Rates.

"Highest CD Rate Survey + Current US Treasury Rates"

Easy to Read Best CD Rate Survey

Term	Date	Highest Rate (APY)	Where? (Click link for Full Rate Sheets)
Daily Savings	3/11/09	0.91%	Vanguard Prime Money Market Fund
Tax Exempt	3/11/09	0.68%	Vanguard Tax Exempt Money Market Fund
Online Savings	3/11/09	2.65%	GMAC Bank & 2.40% @ Star One CU
3-Month Treasury	3/11/09	0.22%	US Treasury Rates at a glance
6 Months	3/11/09	2.50%	GMAC Bank
6-Month Treasury	3/11/09	0.45%	US Treasury Rates at a glance
9 Months	3/11/09	2.50%	GMAC Bank
1 Year	3/11/09	2.95%	GMAC Bank 2.90% @ UFBDirect.com
1 Year Treasury	3/11/09	0.69%	US Treasury Rates at a glance
18 Months	3/11/09	2.95%	UmbrellaBank & 2.90% @ Intervest Bank
2 Years	3/11/09	3.00%	GMAC Bank & 2.95% @ UmbrellaBank
2 Year Treasury	3/11/09	1.00%	US Treasury Rates at a glance
3 Years	3/11/09	3.50%	Pentagon Federal CU
3-Yr Treasury	3/11/09	1.42%	US Treasury Rates at a glance
4 Years	3/11/09	3.75%	PenFed Credit Union
5 Years	3/11/09	4.00%	Pentagon Federal CU
5 Yr Treasury	3/11/09	1.93%	US Treasury Rates at a glance
7 Years	3/11/09	4.00%	Pentagon Federal CU & 3.50% @ Discover Bank
10 Yr Treasury	3/11/09	2.89%	US Treasury Rates at a glance
10 Years	3/11/09	3.50%	Discover Bank
30 Yr Treasury	3/11/09	3.64%	US Treasury Rates at a glance

• Easy to Read Best CD Rate Survey
  
  
• US Treasury Rates at a Glance
  
  
• World Stock Markets at a Glance

With rates so low, banks will try to sell you their annuity products. Make sure you read our article: Beware of Annuities

Star One Credit Union: Earn $25 on a $50 Deposit!

Star One Credit Union in California's Santa Clara County has a special promotion for new members. Not only do members get great rates, they can also earn $25 to open a new account for as little as $50! with the attached coupon.

You can click on this coupon picture for a full size image
then print it out
or
download it in PDF to print later

Why does Star One CU pay you up to 50% on a $50 deposit? They figure that once you visit them, you will be impressed with the great rates Star One Credit Union offers on new accounts. I know I was and feel good recommending them.

I went there yesterday to open a new account. I opened a savings account that pays a 2.40% APY, a 1-yr CD that also pays a 2.40% APY and when I saw their checking account, with no strings, offered 0.50% on any balance, I opened a checking account also.

Star One CU: Current rates and terms

Four Star One CU Branches

10991 North DeAnza Boulevard Cupertino , CA 95014 (866) 543-5202 or (408) 543-5202	3903 El Camino Real Palo Alto , CA 94306 (866) 543-5202 or (408) 543-5202
1090 Blossom Hill Road San Jose , CA 95123 (866) 543-5202 or (408) 543-5202	1080 Enterprise Way Sunnyvale , CA 94089 (866) 543-5202 or (408) 543-5202