Updated Sep 9, 2010 - Here is a list of the nationally available best CD rates, updated daily. Our staff looks all over the country for the best CD rates available for CDs with the highest rate, from 6 months up to 10 years for the CD term. Usually, the longer the CD term, the higher the CD rate, but for a number of banks the best CD rates were for periods of less than 1 Year. Since some banks offer higher CD rates for longer terms, we've included those CD rates as well (for example here are 5 Year CD Rates). If you're looking for a short term CD rate -- for example - here are 6 Month CD rates .

Certificates of deposit are excellent, safe investments because your principal is protected by FDIC insurance and you are guaranteed a positive rate of return for the term of the CD. Many experts think that FDIC insured CDs are the best place to park cash right now. Almost every bank listed below is FDIC insured, and for those interested in Credit Union CD Rates, those are insured by NCUA. Certificates of deposit can often be opened at your local bank, but the highest CD rates are often found at online banks. Online banks have the top CD rates because they don't have to pay for rent or employees for each branch. Therefore, they can offer the highest CD rates. Some popular online banks with good rates are Ally Bank CD Rates and Discover Bank, and Everbank. Finally, please let us know what you think of our site. We think we provide the some of the best CD rate information (please compare us to Bankrate.com CD Rates and Bankaholic CD Rates). Please send us your feedback!