How to Get 10-Year CD Rates

A 10-year CD is a great investment for your future. In this type of investment you lock the rate for a decade and cannot touch the money. When committing to such a long term investment, you want to be certain you have the highest possible rate. Learn how to find 10-year CD rates that will yield the highest return.

Difficulty: Moderately Easy

Instructions

1. Read investment articles. There are countless magazines and websites dedicated to helping you make the wisest investment possible. Do your research to determine what is an appropriate 10-year CD rate.

2. Go online and check the rates for 10-year CDs. There are several websites dedicated to helping investors by comparing the available rates.

3. Visit your bank to see what 10-year CD rates they offer. Banks often advertise their rates on a board that changes to reflect the fluctuating market. Meet with a banker to discuss the range of options, as the amount of your deposit can help secure a better rate.

4. Find your bank's website. The website will often have the same current information as the brick-and-mortar location. The advantage is that you can search from home at any time of day. For busy people, this option is a huge convenience.

5. Consult a financial planner. It is a financial planner's job to know how to find the best rates for investments like CDs. A financial planner may also have special relationships with banks that will help you get a low, unadvertised 10-year CD rate that you would not have been able to find on your own.

Resources

• Visit the Bankrate web site to get 10-year CD rates.