Current Best CDs & Savings Accounts?

EasilyConfused · #1 10-09-2007, 04:12 PM

I have around $25K that I won't need for about a year. Can anyone tell me where the current best rates are for savings accounts or 1-year CDs?

If there are any better low-risk options I'm missing, please don't hesitate to let me know. Thanks.

bigslicknuts · #2 10-09-2007, 04:24 PM

ING Direct has a high interest savings account that you can deposit and withdraw as you wish. Think its called the Orange Account and has a 4.5%+ interest rate.

NhlNut · #3 10-09-2007, 04:27 PM

my schwab checking gets around 4%. (goes with stock account)

TRBNGR · #4 10-09-2007, 04:45 PM

I'll second the recomendation for ING Direct. T-Bills are another option but I don't deal with them very often so another poster will hopefully be able to add some info to whether it is appropriate in this case.

TLC · #5 10-09-2007, 04:53 PM

FatWallet has some good threads which compile various offerings.

For CDs -- http://www.fatwallet.com/t/52/682884/
For checking, savings, MMFs -- http://www.fatwallet.com/t/52/437553/

Nonfiction · #6 10-10-2007, 11:20 AM

etrade is ~5%