How to get a HIGH INTEREST 4 year C/D (Certificate of Deposit)

If savings accounts interest rates are not high enough for you, you may be interested in another safe investment option insured by the FDIC (FEDERAL DEPOSIT INSURANCE CORP.) Read on to find out how to get high interest C/D's.

Read the this article for a list of the 5 banks with the highest interest yields in the Nation for a 4 year C/D accounts.

Starting from the Bank with the Highest yield:

M&T Bank - Oakfield, NY with an Annual Percentage Yield of 4.91%

2nd Place:

Discover Bank - New Castle, DE with an Annual Percentage Yield of 4.81%

3rd Place:

E-Loan - Pleasanton, CA with an Annual Percentage Yield of 4.80%

4th Place (TIED):

Transportation Alliance Bank - Ogden, UT with an Annual Percentage Yield of 4.75%

4th Place (TIED):

Security Savings Bank - Henderson, NV with an Annual Percentage Yield of 4.75%

Tips & Warnings

• Ask the bank regarding the terms and conditions of the C/D.
• Note that there are sometimes minimum deposits that are required to get the interest rates, which can be anywhere from $1 to $10,000.
• Only invest in a C/D with a term you are comfortable with as you will have to keep your money in the C/D for the period that you and the bank agree to. Ask the bank about penalties for early withdrawal.