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According to rates published by Bankrate.com, bank money market rates are usually lower than short-term CD rates, and although their respective interest rates should play a factor in how you decide which account is right for you, there are other key differences between the two you may want to consider. Rates ranged from 6.425% and 0.278% between these years. 2004, 2010, and 2011 were the worst years to find great CD rates. Considerations When Purchasing CDs. Here are a few things that investors should consider when purchasing short-term or long-term CDs. The Federal Reserve has driven short term interest rates to 0. With that, short term bond rates are near 0 and in several European countries, rates are actually negative! That means that people, companies and governments mostly, are PAYING the bank to hold their cash. This all makes short term investing very difficult. Below are the best one-year CD Rates from banks in Omaha, Nebraska. One year CDs are usually the most popular term and offer a decent yield without having to lock-up money for an extended period of time. One year CD Rates.

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Open a Chase Certificate of Deposit

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Open a CD account See rates and terms to fit your needs

Certificate of Deposit FAQ

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A certificate of deposit, or CD, is a deposit account with us for a specified period of time.

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$1,000

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We use the daily balance method to calculate interest on your CD. This method applies a periodic rate each day to your balance. Interest begins to accrue on the business day of your deposit. Interest for CDs is calculated on a 365-day basis, although some business CDs may calculate interest on a 360-day basis. The Annual Percentage Yield (APY) disclosed on your deposit receipt or on the maturity notice assumes interest will remain on deposit until maturity. On maturities of more than one year, interest will be paid at least annually. Please see the Deposit Account Agreement and rate sheet for further details.

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There is a penalty for withdrawing principal prior to the maturity date. For Personal CDs:

• If the term of the CD is less than 6 months, the early withdrawal penalty is 90 days of interest on the amount withdrawn, but not more than the total amount of interest earned during the current term of the CD.
• If the term of the CD is 6 months to less than 24 months, then the early withdrawal penalty is 180 days of interest on the amount withdrawn, but not more than the total amount of interest earned during the current term of the CD.
• For terms 24 months or more, the early withdrawal penalty is 365 days of interest on the amount withdrawn, but not more than the total amount of interest earned during the current term of the CD.
• If the withdrawal occurs less than seven days after opening the CD or making another withdrawal of principal, the early withdrawal penalty will be calculated as described above, but it cannot be less than seven days’ interest.
• The amount of your penalty will be deducted from principal.

See the Deposit Account Agreement and rate sheet for further details

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The maturity date is the last day of your CD’s term. The grace period begins the following day and lasts for 10 days – this is when you can make changes to your CD. Go to chase.com/cdmaturity to learn more about what options you have when your CD matures.

Short-term Cd Rates Chase

Find a Chase ATM or branch

To find a Chase ATM or branch near you, tell us a ZIP code or an address.

Open a Chase Certificate of Deposit

You must be an existing Chase checking customer to open online.

Open a CD account See rates and terms to fit your needs

Certificate of Deposit FAQ

expand

A certificate of deposit, or CD, is a deposit account with us for a specified period of time.

expand

$1,000

expand

We use the daily balance method to calculate interest on your CD. This method applies a periodic rate each day to your balance. Interest begins to accrue on the business day of your deposit. Interest for CDs is calculated on a 365-day basis, although some business CDs may calculate interest on a 360-day basis. The Annual Percentage Yield (APY) disclosed on your deposit receipt or on the maturity notice assumes interest will remain on deposit until maturity. On maturities of more than one year, interest will be paid at least annually. Please see the Deposit Account Agreement and rate sheet for further details.

Short Term Cd Rates 6 Month

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There is a penalty for withdrawing principal prior to the maturity date. For Personal CDs:

• If the term of the CD is less than 6 months, the early withdrawal penalty is 90 days of interest on the amount withdrawn, but not more than the total amount of interest earned during the current term of the CD.
• If the term of the CD is 6 months to less than 24 months, then the early withdrawal penalty is 180 days of interest on the amount withdrawn, but not more than the total amount of interest earned during the current term of the CD.
• For terms 24 months or more, the early withdrawal penalty is 365 days of interest on the amount withdrawn, but not more than the total amount of interest earned during the current term of the CD.
• If the withdrawal occurs less than seven days after opening the CD or making another withdrawal of principal, the early withdrawal penalty will be calculated as described above, but it cannot be less than seven days’ interest.
• The amount of your penalty will be deducted from principal.

See the Deposit Account Agreement and rate sheet for further details

expand

The maturity date is the last day of your CD’s term. The grace period begins the following day and lasts for 10 days – this is when you can make changes to your CD. Go to chase.com/cdmaturity to learn more about what options you have when your CD matures.

Find a Chase ATM or branch

Best Cd Rates Today

To find a Chase ATM or branch near you, tell us a ZIP code or an address.

Historical CD rates have varied over the years. The biggest determining factors in CD interest rates are the stock market, housing market, and the current economy. During the years when the housing market, stock market and the economy are in a good financial position, CD rates increase dramatically. During the years when the housing market, stock market and the economy are not doing well, the CD rates decrease dramatically.

Examples of Some of the Highest Historical Certificate of Deposit CD Rates

The information provided is based on the Certificate of Deposit Index (CODI) for 3-month CDs. The index is the 12-month average of monthly average yields. The information is taken from information published monthly by the Federal Reserve. The information is steadier than that of straight CD rates.

The10 highest CD rates in history are as follows:

• 15.604 % in January 1982
• 16.691 % in October 1981
• 16.487 % in September 1981
• 16.424 % in November 1981
• 16.024 % in August 1981
• 15.911 % in December 1981
• 15.509 % in February 1982
• 15.491 % in March 1982
• 15.438 % in April 1982
• 15.065 % in May 1982

CD interest rates showed a steady increase between the 1960s until the early 1980s. After November 1981, the rates began to decline from the 16% interest rates that were constant that year.

Examples of Some of the Lowest Historical Certificate of Deposit CD Rates

The information provided is based on the Certificate of Deposit Index (CODI) for 3-month CDs. The index is the 12-month average of monthly average yields. The information is taken from information published monthly by the Federal Reserve. The information is steadier than that of straight CD rates.

Short Term Cd Rates 3 Month

The10 lowest CD rates in history are as follows:

Short Term Cd Rates Wells Fargo

• 0.278 % in May 2010
• 0.288 % in April and June of 2010
• 0.293 % in July of 2010
• 0.295 % in August of 2010
• 0.298 % in September of 2010
• 0.300 % in October 2010
• 0.305 in November 2010 and May 2011
• 0.312 % in December 2010
• 0.319 % in January 2011
• 0.327 % in February 2011

CD rates experienced the greatest fluctuation between 2001 and 2011. Rates ranged from 6.425 % and 0.278 % between these years. 2004, 2010, and 2011 were the worst years to find great CD rates.

Cd Rates Today

Considerations When Purchasing CDs

Here are a few things that investors should consider when purchasing short-term or long-term CDs.

• CD rates are very low right now (as of 2011). The current rates have been low for quite some time. The rates have continued to decline since the rise during the 1980s. The rates are not normal, but CDs are still a safe place to invest money. Short term CDs give investors more options to benefit from rate increases. Long-term CDs are better for long-term gains for investors who can afford to invest high amounts of money.
• Inflation plays a role in CD rates. Interest rates are currently not beating inflation. Historically, inflation is usually mild during this time. During the year leading up to October 2010, inflation was approximately 1.2 %, according to the Bureau of Labor Statistics. Inflation has averaged 4.38 % since the 1960s. Investors would experience a great loss if inflation returned to normal. Those with long-term CDs without the option to withdraw money or use bump-up rates would lose a great deal of money.
• Longer CD terms offer better rewards. The Federal Reserve data does not track long-term CDs—only 1-month, 3-month, and 6-month CDs. It is somewhat difficult to track the spread between the two types of CDs. Using data from 1-month and 6-month CDs, it is apparent that there is an approximate average rate difference of 0.20 % or higher. The information proves that there is a reward for locking into longer CD term, as long as there is flexibility in the agreement.

Historical CD rates have fluctuated a great deal. Investing in CDs is still a reliable, safe investment opportunity. Investors must find the most flexible terms to combat inflation and rate changes. Traditional CDs do not give investors the best options. It is very important to discuss the many different CD options that allow investors to have flexibility in their investments. Even if investors are locked into certain terms, they should have the option to benefit from possible rate changes on the market. Investors must keep an eye on the market rates. Hopefully those wonderful rates of the 1980s will return someday soon.