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Best Short Term CD Rates – February 2008

With rates dropping all over the board, it has become harder and harder to find good rates on certificate of deposits. Here’s a current listing of the best short term CD rates available today:

IndyMac Bank holds the top rate for 3 month CDs , with 4.25% APY on their 3 month CD. Minimum deposit is $5,000.

Countrywide Bank has the best rate for the 6 month CDs, with 4.30% APY on their 6 month CD. Minimum deposit is $10,000.

With rates dropping so quickly, it might be a better idea to maintain liquidity by investing in short term CDs or even high yield savings accounts such as Washington Mutual’s Free Checking/Savings Account, or E*Trade Financials Complete Savings.

Bank rates may be out of date. Please check bank websites for current rates. Find the top CD rates, savings accounts, checking rates, and bank deals at ThePiggyBanker.com!

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3 Comments on “Best Short Term CD Rates – February 2008”

  • Herman T. Beezer
    February 27, 2008

    You mean 2008 ???????????????

    Best Short Term CD Rates – February 2007
    By Best Bank Rates | February 26, 2008

    Prev page link too

  • Herman T. Beezer
    February 27, 2008

    URL address too
    Best Short Term CD Rates – February 2007
    By Best Bank Rates | February 26, 2008

  • April 23, 2008

    Thanks! Think I might try out E*Trade. I’ll let you know how it goes.

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