How to Compare Certificate of Deposit Cd Rates

Bank Certificate of Deposit (CD) listings can be found at a number of financial institutions and established financial websites like BankRate or MoneyRates. The bank CD rates listed by these organizations vary based on the length of the locked deposit, the size of the deposit and to an extent the financial health of the issuer in the case of regulated banks. The type of CD can also affect the interest rate yield.

• Financial newspapers

Financial newspapers such as the Wall Street Journal or Investors Business Daily (IBD) also list bank CD rates. These listings may also be distinguished by state so as to provide insight into regional economic performance and market conditions. Naturally, banks themselves may also offer listings of bank CD rates for their financial institution. They may do so at the physical location of the bank and at their online website. An example of the CITI bank listing of CD rates can be viewed here. Since there are so many types and yields of CDs, it may be a good idea to investigate multiple CD listings if side by side listings don’t have the CDs or banks you’re looking to compare.

• International bank CD listings

For international listings of bank CD rates, the Cannon Financial Center offers country CD interest rate comparisons like those listed at this link. However, for those seeking to avoid the hassle of researching and opening an account in another country, one may choose to invest in financial instruments set up by U.S. banks that invest in multiple global CDs to provide the investor a higher yield. Everbank has one such product called World Currency Basket CD’s which can yield much higher interest rates than local banks offer.

• Brokerage firms

Other financial institutions that provide banking services which include Certificates of Deposit may also list CD rates. Brokerage firms such as Fidelity Investments are an example of such a financial institution. What’s more, different financial institutions can also offer varying types of Certificates of Deposits. Websites like the Federally Insured Savings Network provide both listings and an overview of diverse CDs such as callable CDs and derivative based CDs.

• Federal interest rate listings

Depending on what bank or company is issuing the Certificates of Deposit both rates and risk can vary. For example, Federally regulated banks are subject to National rate and Rate cap requirements published by the Federal Deposit Insurance Corporation (FDIC). To view the most recently updated Certificate of Deposit interest rates set by the FDIC, click here. These rates aren’t necessarily required by all banks as noted by the FDIC.

Both the U.S Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation recommend investing the terms of the CDs and the financial institution offering the CD’s before considering purchasing them.  To read more about CD investment precautions both the SEC and FDIC tips can be viewed by visiting the site web addresses listed in the sources section of this article.


1. (SEC)
2. (FDIC)
3. (MoneyRates)
4. (EverBank)
5. (FISN)