cds

National CD rates for Aug. 30, 2012

Interest Rate Roundup
CD rate graph
Compare CD rates nationally and in your area.

CDs

  • 0.31% (1-year CD yields)
  • 1.02% (5-year CD yields)

Rates on longer-term certificates of deposit are inching toward a historic milestone.

The traditional five-year CD yield is down 1 basis point to 1.02 percent, shockingly close to dipping below 1 percent for the first time. A deposit of $100,000 won't put you very far ahead; the five-year jumbo yield is down 1 basis point to 1.03 percent.

A basis point is one-hundredth of 1 percentage point.

The average one-year CD yield is unchanged at 0.31 percent. Also unchanged is the one-year jumbo CD yield at 0.33 percent.

For the ninth consecutive week, the average money market account yield is 0.12 percent.

 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
Product Rate Change Last week
1 Year CD 0.90%  0.01 0.89%
2 Year CD 1.03%  0.02 1.01%
5 Year CD 1.59% --0.00 1.59%
 
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