Where can I find high rate short term Certificate of Deposits?

Question

Where can I find high rate short term Certificate of Deposits?

Answer 1

You might wish to consider t-bills instead. They pay similarly to cd's but the interest is tax free from state and local taxes. If you live in a high tax locality they will easily beat cds on an after tax basis.

28 day 5.22%
91 day 5.12%
182 day 5.19%

Answer 2

last week I bought a 5.00% 3 month CD at www.scottrade.com The CD was issued by Washington Mutual in Nevada (this is just info, i'm not from nevada, it doesn't matter where you are from).

for the next 2 months I'm going to buy one then when the first matures I will reinvest it unless the stock market looks more stable than it does now.

They have higer rates for longer terms and they offer callable CD's and variables too.

scottrade offers CD's from various parties and I believe they are ALL free of service charges (at least the ones i was interested in were).

Most require a $10,000 minimum which may be a drawback, but remember it's for 3 months only

Answer 3

Schwab.com has 5.5% or so rates from banks around country. That is not high. No 1s is. A short term bond trade likely to make more.

Answer 4

There are a couple of online savings accounts that pay very high rates. Look at www.hsbc.com for instance.

Answer 5

Wachovia.com

Answer 6

Look for adds in a business section of your local newspaper.

Answer 7

ING is pretty good. (6 months at 5.00%)

So is Chevy Chase bank. (13 months at 5.25%)

Also, some credit unions may be good.

Answer 8

http://www.bankrate.com

it's a bit of a messy site, but it does have all the best info..