Bankrate.com's current interest rate chart
Friday, March 17th, 2006
Categorized as: Savings Bonds and competitive investments
This long list of bank account and CD interest rates is updated every day by Bankrate.com and is republished here with its permission.
The list is a bit of a jumble and we have to show it just like they send it, but it gives current average rates for a wide variety of bank products, including:
- Passbook and statement savings accounts
- Money market accounts (MMA)
- Regular CDs with a variety of lengths from 1 month to 5 years
- Jumbo CDs (minimum investment is usually $100,000) of various lengths
Rate means annual interest rate and APY means Annual Percentage Yield. The APY is slightly higher than the Rate because of compounding.
If you click on any of the graph tags, a new window will open showing Bankrate.com's graphing program. Just close the window when you're finished and you'll find us underneath it.
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Thanks for the info. I use Bankrate.com quite frequently and have found it to be a great source of financial information. Until I discovered US Savings Bonds, I was going to go the bank CD route for extra savings. But I figure why keep paying taxes on the interest every year when I can take advantage of the tax-deferred feature of savings bonds! Plus 6.73% for 6 months beats a 6 month bank CD anyday!