cds

CD rates for Dec. 20, 2012

 

I'm Greg McBride, senior financial analyst with Bankrate.com, and here is your weekly look at yields on certificates of deposit.

It's probably no surprise to savers that what little movement was seen in CD yields this week was on the downside. The average 1-year CD inched lower to 0.28 percent, and the average 3-year and 4-year CDs dipped to 0.55 percent and 0.72 percent, respectively. All are record lows.

Despite this record low interest rate environment, it is still important to shop around. To find the best yielding cash investments -- from online savings accounts and money market accounts to CDs -- check out the free search engine at Bankrate.com.

I’m Greg McBride.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
 

A little research could save you BIG on interest.

Don't have time? Our rate-tracker tool saves you time and money. Delivered Thursdays.
 
advertisement
Partner Center
advertisement

Blog

Tara Baukus Mello

Save money on gas over Labor Day

Everyone loves to save money and, with the cost of fuel, saving money on gas can have a sizable impact on your wallet. Now Walmart has jumped on the gas savings bandwagon with its Great Gas Rollback program offered at Walmart and Murphy USA gas stations across the country. Customers can save 15 cents per  ... Read more


Connect with us