High Yield CD News

There really are few options for short term high yield cds, as you know the Masters prefer the 3, 6, or 9 month options.  About the only enticing offer we could find this week comes from AIG Bank, that's right, they are part of that lovely company American International Group, Inc. (NYSE:AIG) which American taxpayers coughed up $182 billion to bailout.

The best bang for your buck when searching for high yield CDs has got to be the 3 Month Offer. Why lock your funds away for any longer than that? Three month CDs provide you the flexibility to move your money after a short amount of time and that bet is worth placing with a recovering U.S. economy. This week, the winner goes to Ally Bank.

Shopping around for decent CD rates?  Join the club, the pickings are slim, snap into a Slim Jim you say?  No, let's just stick to high yield cds, or what passes for that these days which is just about as impressive as Randy Savage pitching dried fatty beef sticks.

Mastery once again on the hunt for the best CD deals offered across our great nation.  After all, why not hoard those pennies and take on zero risk? 
There are a few worth mentioning, so let's get to it and once again MetLife is the big winner.

As usual, the Masters are always on the lookout for decent CD offers and its even better when they are the 3 Month CD Deals.  MetLife just launched a 3 Month CD offer but to really get the best bang for your buck, you need a ton of cash.

As always we are on the search for the best National CD rates, this week the winner goes to TriState Capital Bank with a 6 Month CD offer at 1.9% APY, and there's a few others worth mentioning.

Another financial blog for our readers to review, it was only a matter of time before one of our own Masters (Frank Lara Jr) started an investment holding company -- Asset Wealth Development, LLC.  Watch their blog which will highlight future investments and trading strategies, enjoy the article - Investing using High Yield CDs - 3, 6, or 9 Months in 2009.

If you are a resident of Georgia you are in luck, providing you want to lock your money away for 2 years you can score a 2.97% APY CD Rate with only a minimum of $1,000. However Quantum also has a decent 9 month CD option at 1.75%.

Looking for a decent 3 month CD rate, or just any good high yield Certificate of Deposit Rate?  There are none.  The three-month average CD slid to 0.62% from 0.64% the previous week. That’s the lowest average since Bankrate.com began tracking 3-month CD rates in March 1989.  Mastery reviews this week's CD rates and the only hope is a quote from Donnie Brasco.

Hey, we're not GMAC Bank anymore, no way, forget that we have any affiliation with GM, let's call the business... Ally Bank.  Fellow Masters, Allly is out with 12 Month 2.8% APY classic certificate of deposit and a 1.7% APY 3 Month CD.  Start a CD with all for $0, that's right, at least that's what the initial ad says.