Bank CD Interest Rates

Bank CD Interest RatesBank CD interest rates were down again this week over last week, continuing the downtrend of the past 18 months. 3 month certificate of deposit rates were the only rates that increased this week.

The average 3 month bank CD rate increased to 0.494 percent, up from the prior week's average bank CD interest rate of 0.433 percent.

Looking for bank CD rates? Use our rate tables to find bank CD rates in your zip code. Bank CD Rates

Bank CD Interest Rates

  • 3 month CD rates are averaging 0.494 percent this week, up from the prior week’s average rate of 0.433 percent.
  • 6 month CD rates are averaging at 0.778 percent, down from the prior week’s average rate of 0.805percent.
  • 12 month CD rates are averaging 1.050 percent, down from the previous week’s average rate of 1.054 percent.
  • 18 month CD rates are averaging 1.249 percent, unchanged from last week’s average rate of 1.249 percent.
  • 24 month CD rates are averaging 1.504 percent this week, down from the previous week’s average of 1.514 percent.
  • 36 month CD rates are at 1.640 percent, down from the prior week’s average of 1.646 percent.
  • 48 month CD rates are averaging 2.124  percent, down from last week’s average rate of 2.143 percent.
  • 60 month certificates of deposit are averaging 2.399 percent, down from the prior week’s average rate of 2.410percent.

Search for the best CD rates in your zip code here: Best CD rates

 
Author: Brian McKay
February 22nd, 2010