Best CD rate

[yellow heel]

I am looking for either a 3 month or 6 month CD. I have done the 1/2/3 year ladder and have regretted since the interest rate jumped up as soon as I did it. I don't want to tie up the money to a lower rate instead, I want to ladder a 3 or 6 month.

I have the emigrant and ing but the emigrant is at 5.35% and ing at 5%. Anything better out there?

Thanks in advance!

[safari]

IndyMac Bank is currently offering 5.40% APY on a 3 month CD.

Here is the link http://indymacbank.com/Individuals/B...tion=pdCCDRate

[disneysteve]

AmTrust Direct has a 6-month at 5.5% APY.

Bankrate.com's best 3-month is only 5.1 so you would be better off leaving your money in Emigrant.

[yellow heel]

Thanks. It looks like the rate is not that higher than ED. I'll keep it in saving for now!

[gotalkmoney]

Millenium Bank has a 6 month CD at 5.60% APY (min. 1,000)
http://www.thenetbanker.com/rate_card.shtml

and

Imperial Bank has a 3 month CD at 5.40% APY (min. 2,000)
http://www.imperialcapitalbank.com/personal/icds.php

[slimcustomer]

Where do you live? There might be a credit union near you that is offering 6% apy or higher. Patelco credit union is offering 6.0% apy on cds starting at 12 months if you'd consider a longer term deposit account.

[Hypersion]

With a flat yield curve and if you are in a high state tax bracket than you should take a look at 6-month t-bills.

[yellow heel]

Are the t-bills better than CDs?