The list of best bank that made the top of the list for bank CD rates at the beginning of 2008 has changed fairly dramatically. Some of the changes are due to bank mergers, some are due to increased competition and some can be attributed to banks that are not in need of aggressively pursuing deposit growth via higher rates. Interestingly, some of the banks from the beginning remain on top of the list. A number of banks are still in the market with 5.00% and higher CD rates. Most of these rates are available on terms of five years with some falling to four year terms. The list is not all inclusive and the list is limited to national offers. For CD rates in a particular state use the search by state option to check the bank names and interest rates.

A partial list of banks offering a 5% or greater interest rates on their CDs includes:

GMAC Bank is promoting an APY of 5.15% on their five year term certificate of deposit.

Discover Bank is offering an APY of 5.21% on their five year certificate of deposit.

Eloan’s five year certificate of deposit is at 5.15%.

CapitalOne Bank is now offering a 5.00 % APY on its four year certificate of deposit.

Intervest National Bank offers a five year term certificate of deposit at 5.25% and also offers a four year tem certificate of deposit at 5.05% APY.

Advanta Bank is at 5.05% APY on their five year certificate of deposit.

AIG Bank is squeaking by at 5.01% APY on their five year term certificate of deposit.

State Bank of India is just over the hurdle as well at 5.09% APY on the five year term.

In the enclosed pages of selectCDrates.com you will these banks listed and more, including the interest rates, minimum deposit requirement, the bank telephone number and the bank web address. None of the listed banks pay for the inclusion in our site and of course the data was validated at the time of the offer but we can gat guarantee the accuracy by the bank offering the certificates of deposit.

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