For the Right CD, There's More Than APR
Once you determine the best CD for your savings, start comparing rates among local and national banks. BankingMyWay.com's CD Section shows you the best rates on FDIC-insured CDs in your ZIP. For instance, residents of New Jersey can get a 15-month CD from Third Federal Bank (THRD Quote) that offers 3.05% interest, a 12-month CD from Citibank (C Quote) that offers 2.3% or a 12-month CD from Bank of America (BAC Quote) that offers 2.25%.
Do your research before you deposit. Find out if your bank - and it's CD products - are safe and FDIC-insured. For more on CDs from BankingMyWay:"Setting the Strongest CD Laddering Strategy"
"Adjust Your CD Ladder to Lock in Higher Rates"
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