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Whether you’re a novice saver or seasoned investor here’s how to make up to 3% on CDs this summer

by Amy Fontinelle on June 16, 2014


Interest rates are at record lows, but you’ve got to put your money somewhere.

With most savings accounts paying a pathetic 0.10% APY CDs remain a better paying alternative.

Believe it or not, you can earn as much as 3% on some local deals and up to 2.30% on nationally available certificates of deposit.

There are also some special types of CDs that help savers get started, provide the flexibility to make additional deposits or even benefit from a higher rate during the term of the investment.

Let’s start with where to find the best nationally available deals on three of the most popular terms – 5 years, 2 years and 1 year.
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