I just had a CD mature, so I’ve been scoping out rates at banks I know and trust. I put together a table and as I was looking at it, I thought, “Hey, the blog readers might like this as well.” So here you go.
| ING Direct | HSBC Direct | FNBO Direct | |
| 6 month | 1.25% | 1.75% | 1.25% |
| 9 month | 1.50% | 2.05% | 1.25% |
| 12 month | 1.50% | 2.30% | 1.50% |
| 18 month | 1.50% | 2.35% | 1.75% |
| 24 month | 1.50% | 2.05% | 2.25% |
There are other banks out there that may have better rates – these are just banks where I have accounts and therefore, feel a bit more comfortable opening a CD there. Sadly, my old standby, ING Direct isn’t doing so well in this area, so I might be checking out CDs elsewhere. Right now, I’m eyeing the 2.3% at HSBC Direct.
Nice finds! I’m too impatient for CDs myself, but it’s nice to know people spend the time researching the best ones out there – so good work 🙂