High Yield CD News

That's right fellow CD enthusiasts, the days of 4% and higher rates of returns are gone.  These days the best deal you can find is maybe Ally Bank's 1.59% APY on a 12 month CD. 

Remember to check with your community bank first and forget the big banks.  Sure the yields are low, but there is almost zero risk involved by going with a FDIC insured bank CD.

Its been a while since we've seen a CD that's worth your attention. But the good folks at Ally Bank that are backed by the U.S. Government and what's left of GMAC are the Wal-Mart of high yield CDs. If you can't beat em, join em.
Currently the government owns nearly 35% of GMAC under the terms of a $12.5 billion bailout of the Detroit-based company.

Its been a while since we've seen a CD that's worth your attention.  But the good folks at Ally Bank that are backed by the U.S. Government and what's left of GMAC are the Wal-Mart of high yield CDs.  If you can't beat em, join em.
Currently the government owns nearly 35% of GMAC under the terms of a $12.5 billion bailout of the Detroit-based company.

Where have all the good CD rates gone? They have vanished.  These days you should be searching for local deals because the best national offer is lame at best.  You can try Ally Bank but to really get a decent CD rate, you'd have to travel back in time to the 1980's, because, where have all the good times gone?

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.