CD rates Blog

Friday, July 5, 2013 10:23 am
By Sheyna Steiner · Bankrate.com

The U.S. could be coming to the beginning of the end of very low CD rates. There are a few places to park your money safely until interest rates go up.

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Friday, June 28, 2013 9:48 am
By Claes Bell, CFA · Bankrate.com

After years of steady declines, have CD rates finally bottomed out? Rising Treasury yields may hold the answer.

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Friday, June 7, 2013 2:27 pm
By Sheyna Steiner · Bankrate.com

CD rates are so low a worm couldn’t crawl under them, particularly in Pittsburgh, which boasted the lowest CD rates in the country for the month of May.

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Thursday, May 30, 2013 12:43 pm
By Sheyna Steiner · Bankrate.com

The only reason to buy a CD these days is for the piggy bank function. It keeps savers from spending money but doesn’t offer a lot in returns.

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Tuesday, May 28, 2013 4:36 pm
By Claes Bell, CFA · Bankrate.com

In the weird world of prolonged near-zero interest rates, the premium banks used to pay CD investors to lock up their money is disappearing.

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Monday, May 13, 2013 4:55 pm
By Sheyna Steiner · Bankrate.com

CD rates plumbed new depths in April. Rates varied though. Savers in Cincinnati had access to CD rates half a percent higher than people in Pittsburgh.

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Monday, April 29, 2013 5:28 pm
By Claes Bell, CFA · Bankrate.com

A federal judge orders Allen Stanford, perpetrator of a massive Ponzi scheme involving fake CDs, to pay $6.7 billion in penalties.

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Wednesday, April 24, 2013 5:47 pm
By Sheyna Steiner · Bankrate.com

Finding special CD offers takes some work. Savers may have to call the bank or credit union or go to the website to find out what specials are on tap.

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Tuesday, April 23, 2013 12:38 pm
By Claes Bell, CFA · Bankrate.com

If your bank isn’t up to snuff when it comes to capital, it’s possible the FDIC is capping the CD rates it can offer you.

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Tags: banks, CD rates, CDs
Wednesday, April 17, 2013 5:41 pm
By Sheyna Steiner · Bankrate.com

The stereotype of the retiree living off the interest from CDs and savings is gone. The question is, will it ever return? It may take longer than you think.

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