08-10-2021, 03:06 PM
(08-10-2021, 02:55 PM)ken-do-nim Wrote: Just for fun I went and checked my bank (Capital One) to see the current rates.My mother is rolling one this month. She said she could get 1.75%. I know she has $15K but not sure how long the CD is. Sometimes they are short term at higher rates as they don't want to lock in.
1 year CD: 0.20%
2 year CD: 0.25%
Savings: 0.40%
3 year CD: 0.60%
4 year CD: 0.65%
5 year CD: 0.80%
At least some of the rows are actually better than Savings; it hasn't been the case for a while.