Comments on: Best CD Rates (Certificate of Deposit Rates), March 2010

By: Griff

Griff — Sat, 06 Mar 2010 16:29:42 +0000

Good to know. I’ve been thinking about a CD lately. Not sure if I’m a big fan of the CD route… Still thinking.

By: Daddy Paul

Daddy Paul — Wed, 03 Mar 2010 19:18:41 +0000

Too many buy CD’s when they would be better served by a short term bond fund.

By: Mark Morris

Mark Morris — Thu, 03 Dec 2009 15:50:55 +0000

If you want to find out information on a bank offering USD CDs paying 25% p.a. look at my blog post. Also they have USD deposits paying 16% annual interest a year.

By: Mike Pastore

Mike Pastore — Mon, 06 Jul 2009 22:05:07 +0000

I think opening a CD even with a small amount is okay as long as the bank you transact with is legitimate. A small amount when saved and added up will always become big savings if handled by a trustworthy individual/company.

By: Pinyo

Pinyo — Fri, 08 May 2009 18:30:53 +0000

@Blogging Banks – In addition to FDIC insurance, Lending Club has default risk which could cause you to lose money. But like other investments, risk management to realize higher yield is possible. The average 9.05% yield is risk adjusted.

By: Blogging Banks

Blogging Banks — Thu, 07 May 2009 20:40:48 +0000

I just opened a one year CD with GMAC Bank for their high APY. the only thing I don’t like there is that YOU have to call them when your CD matures in order to get your money back. Otherwise they would roll it into a new CD.

As for Lending Club, they are not FDIC insured and a little riskier than CDs