National CD rates for April 7, 2011

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Compare CD rates nationally and in your area.


  • 0.47% (1-year CD yields)
  • 1.71% (5-year CD yields)

Here's a look at the state of CD rates from's weekly national survey of large banks and thrifts conducted April 6, 2011.

CD rates are quieter than usual, with all terms surveyed showing no change over the last week.

The average yield on a one-year CD is 0.47 percent. The yield on a five-year CD is 1.71 percent.

For jumbo CDs, the average one-year yield is 0.52 percent and the five-year is 1.72 percent.

The average money market account yield remains 0.18 percent for the sixth week in a row.

CD rates could be getting a bit of a boost soon, thanks to new rules from the Federal Deposit Insurance Corp. Banks will now be required to pay insurance fees on deposits from institutions and wholesale banks. As a result, retail deposits may look much more attractive to banks -- and therefore worth their while to attract with higher rates.

To learn more, read "FDIC rule to boost CD rates."

Use Bankrate's rate tables to find high-yield CDs and high-yield money market accounts.

All deposit products listed with Bankrate are FDIC-insured.

Read more at Bankrate's new blog for CD investors, the CD rates blog.

-- Sheyna Steiner




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