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Mar 2, 2007

Best CD Rates for March 2007

The highest rate as of 3/2/07 is 6.00% APY (5.83% certificate rate) for a 7 year CD and you can get a 10 month CD at 5.45% APY.

We discuss the best rates for CD in our Get The Best CD Rate discussion forum. Check there for updates on the best CD rates or to ask questions.

For short term money close to home, I like World Savings. For longer term CDs between 3 and 7 years, Pentagon Federal Credit Union is tops this month.

Rate Survey as of 3/2/07

  • 10 Mo CD - World Savings - 5.31%, 5.45% APR
  • 1 Yr CD - Netbank.com - 5.31%, 5.45% APR
  • 18 Mo CD - Netbank.com - 5.31%, 5.45% APR
  • 2 Yr CD - Netbank.com - 5.26%, 5.40% APR
  • 3 Yr CD - Pentagon Federal Credit Union - 5.36%, 5.50% APR
  • 4 Yr CD - Pentagon Federal Credit Union - 5.36%, 5.50% APR
  • 5 Yr CD - Pentagon Federal Credit Union - 5.59%, 5.74% APR
  • 7 Yr CD - Pentagon Federal Credit Union - 5.83%, 6.00% APR

More rate tables and contact info at:

APY = Annual Percentage Yield

5.75% CD in California

In the 2/27/03 LA Times, Wachovia advertised a 5.75% 8-month CD. This is only for California but call the phone number listed and ask if you can get the rate even if you are out of state. It can't hurt to ask!

Ask questions about CDs and Annuities in our discussion forum: Get The Best CD Rate

Kirk Lindstrom:

DISCLAIMER: Answers & my words are general in nature, are not meant as specific investment advice, and do not necessarily represent the opinion of anyone but Kirk. Individuals should consult with their own advisors for specific investment advice.