cds

National CD rates for Dec. 9, 2010

Interest Rate Roundup
CD rate graph

CDs

  • 0.49% (1-year CD yields)
  • 1.5% (5-year CD yields)

Here's a look at the state of CD rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Dec. 8, 2010.

CD rates broke their nonlosing streak in this week's rate survey. All in the survey slipped a bit.

The average one-year CD yield fell 2 basis points to 0.49 percent. Also down 2 basis points, the average five-year CD yield came in at 1.5 percent.

Jumbo CDs also lost some ground. The average one-year jumbo CD yield is down 2 basis points to 0.54 percent. The five-year yield lost 1 basis point to 1.52 percent.

For the 14th week in a row, the average money market account yield is 0.19 percent.

If low rates on savings vehicles have you despairing, there are alternatives. For instance, high-yield checking may be the answer to your rate woes. There are some high-yield checking programs with rates as high as 4 percent. For more alternatives to skimpy savings rates, read "5 ways to beat puny savings account rates."

Check Bankrate's rate tables for high-yield CDs and high-yield money market accounts.

All deposit products listed with Bankrate are FDIC-insured.

-- Sheyna Steiner

 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
Product Rate Change Last week
1 Year CD 0.90%  0.02 0.88%
2 Year CD 1.02%  0.01 1.03%
5 Year CD 1.59%  0.01 1.60%
 
View Rates in your area Search
advertisement
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

Partner Center
advertisement

Connect with us