The Best CD Rates in America

By Christian Hudspeth
June 17, 2011

If you're a saver living in America, we know you're ready to earn more on your money

 So we've put together a list of the top-paying CDs and jumbo CDs in the country. We've categorized them by size (regular or jumbo) and term, with the ranking order based on the annual percentage yield (APY). 

These are the highest posted rates on the Internet (as of June 16, 2011) according to bankrate.com. Some banks do not post their rates online, so it can be beneficial to give your local bank or credit union a call for a quote as well (hint: community banks or credit unions can offer you great CD rates compared to larger banks).

[InvestingAnswers Feature: Beginner's Guide to Investing in CDs]

If you'd like to learn more about any of the CDs on this list, visit our bank directory for easy links to each bank's website.

Top 10



Top 10 (6 Months) National CD Rates          
Bank Name State  APY Rate Min Deposit
 AloStar Bank of Commerce AL 1.12% 1.12% $1,000  
 Aurora Bank DE 1.06% 1.05% $1,000  
 Ascencia, a div. of PBI Bank KY 1.04% 1.04% $500  
 VirtualBank FL 1.01% 1.00% $10,000  
 Colorado Federal Savings Bank CO 1.00% 0.99% $5,000  
 OneWest Bank, FSB CA 0.95% 0.95% $1,000  
 Ally Bank UT 0.95% 0.94% $0  
 Lone Star Bank TX 0.94% 0.90% $1,000  
 Discover Bank DE 0.90% 0.90% $2,500  
 giantbank.com MO 0.85% 0.85% $2,500  
           
Top 10 (1 Year) National CD Rates          
Bank Name State  APY Rate Min Deposit
 Doral Bank PR 1.40% 1.39% $1,000  
 AloStar Bank of Commmerce AL 1.31% 1.30% $1,000  
 MetLife Bank, N.A. NJ 1.30% 1.29% $25,000  
 E-Loan IL 1.26% 1.25% $10,000  
 Ascencia, a div. of PBI Bank KY 1.22% 1.21% $500  
 Aurora Bank DE 1.22% 1.21% $1,000  
 Bank of Internet USA CA 1.21% 1.20% $1,000  
 VirtualBank FL 1.21% 1.20% $1,000  
 Ally Bank UT 1.20% 1.19% $0  
 Discover Bank DE 1.20% 1.19% $2,500  
           
Top 10 (2 Year) National CD Rates          
Bank Name State  APY Rate Min Deposit
 MetLife Bank, N.A. NJ 1.55% 1.54% $25,000  
 USAA TX 1.50% 1.49% $1,000  
 Bank of Internet USA CA 1.50% 1.49% $1,000  
 Ascencia, a div. of PBI Bank KY 1.49% 1.48% $500  
 Aurora Bank DE 1.49% 1.48% $1,000  
 Ally Bank UT 1.49% 1.47% $0  
 Intervest National Bank NY 1.46% 1.45% $2,500  
 VirtualBank FL 1.46% 1.45% $10,000  
 Lone Star Bank TX 1.45% 1.44% $1,000  
 OneWest Bank, FSB CA 1.40% 1.39% $1,000  
           
Top 10 (5 Year) National CD Rates          
Bank Name State  APY Rate Min Deposit
 Bank of Internet USA CA 2.49% 2.46% $1,000  
 OneWest Bank, FSB CA 2.45% 2.42% $1,000  
 AuroraBank DE 2.41% 2.38% $1,000  
 First Internet Bank of Indiana IN 2.40% 2.37% $1,000  
 Ascencia, a div. of PBI Bank KY 2.38% 2.35% $500  
 Intervest National Bank NY 2.38% 2.35% $2,500  
 VirtualBank FL 2.38% 2.35% $10,000  
 Ally Bank UT 2.37% 2.34% $0  
 Discover Bank DE 2.35% 2.32% $2,500  
 Colorado Federal Savings Bank CO 2.30% 2.27% $5,000  
           
Top 10 (6 Month) National JUMBO CD Rates          
Bank Name State  APY Rate Min Deposit
 AloStar Bank of Commerce AL 1.12% 1.12% $100,000  
 Aurora Bank DE 1.07% 1.06% $100,000  
 VirtualBank FL 1.01% 1.00% $100,000  
 OneWest Bank, FSB CA 0.95% 0.95% $100,000  
 Discover Bank DE 0.90% 0.90% $100,000  
 giantbank.com MO 0.85% 0.85% $100,000  
 AI Bank DE 0.75% 0.75% $100,000  
 First internet Bank of Indiana IN 0.75% 0.75% $100,000  
 Bank of Internet USA CA 0.75% 0.75% $100,000  
 Doral Bank PR 0.75% 0.75% $100,000  
           
Top 10 (1 Year) National JUMBO CD Rates          
Bank Name State  APY Rate Min Deposit
 Doral Bank PR 1.40% 1.39% $100,000  
 AloStar Bank of Commerce AL 1.31% 1.30% $100,000  
 E-Loan IL 1.26% 1.25% $100,000  
 Aurora Bank DE 1.24% 1.23% $100,000  
 Bank of Internet USA CA 1.21% 1.20% $100,000  
 VirtualBank FL 1.21% 1.20% $100,000  
 Discover Bank DE 1.20% 1.19% $100,000  
 Ally Bank UT 1.20% 1.19% $100,000  
 Intervest National Bank NY 1.18% 1.17% $100,000  
 AIG Bank DE 1.15% 1.14% $100,000  
           
Top 10 (2 Year) National JUMBO CD Rates          
Bank Name State  APY Rate Min Deposit
 USAA TX 1.55% 1.54% $100,000  
 Aurora Bank DE 1.51% 1.50% $100,000  
 Bank of Internet USA CA 1.50% 1.49% $100,000  
 Intervest National Bank NY 1.46% 1.45% $100,000  
 VirtualBank FL 1.46% 1.45% $100,000  
 Discover Bank DE 1.40% 1.39% $100,000  
 OneWest Bank, FSB CA 1.40% 1.39% $100,000  
 Nationwide Bank OH 1.40% 1.39% $100,000  
 AIG Bank DE 1.40% 1.39% $100,000  
 California First National Bank CA 1.38% 1.37% $100,000  
           
Top 10 (5 Year) National JUMBO CD Rates          
Bank Name State  APY Rate Min Deposit
 Bank of Internet USA CA 2.49% 2.46% $100,000  
 OneWest Bank, FSB CA 2.45% 2.43% $100,000  
 Aurora Bank DE 2.43% 2.40% $100,000  
 First Internet Bank of Indiana IN 2.40% 2.37% $100,000  
 Intervest National Bank NY 2.38% 2.35% $100,000  
 VirtualBank FL 2.38% 2.35% $100,000  
 Ally Bank UT 2.37% 2.34% $100,000  
 Discover Bank DE 2.35% 2.32% $100,000  
 USAA TX 2.30% 2.28% $100,000  
 AIG Bank DE 2.25% 2.23% $100,000