How to Find the Best CD Rates?

Simple steps to finding the best CD rates.

Instructions

Difficulty: Moderately Easy

Things You’ll Need:

• Computer, Patience

1. Goto your favorite Search Engine such as www.google.com, www.msn.com, or www.yahoo.com.
2. Type a phrase in the search box such as "best cd rates", "jumbo cd rates", or "compare cd rates"
3. Review offers from the various sites and contact the institutions and/or sites with the rates you are interested in.

Tips & Warnings

• FDIC and NCUA insured CDs are insured by the US Federal Government up to $100,000 for a personal or corporate account and $250,000 for an IRA.
• Ask for the rate (APR) and yield (APY).
• Verify that the CD is FDIC (banks) or NCUA (credit unions) insured.