Summary of the best rates available from a large pool of banks here are the best 1 year cd interest rates.
Best 1 year cd rates in new jersey.
One year cd rates are generally comparable to or a little higher than their savings and money market counterparts.
The table above lists best cd rates currently offered for several different maturities lengths.
Compare the best cd interest rates in new jersey nj from hundreds of banks and credit unions.
6 months 1 year 2 years 3 years 4 years 5 years.
New jersey jumbo cd rates.
0 75 apy no minimum to open.
As of october 2019 the bond yield for a 5 year investment is at 1 34 while the best nationally available 5 year cd rate is 3 00 apy.
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.
Eighteen month cds offer a bit more yield than 1 year cds but require a longer time commitment.
If you have 15 000 to invest you could invest 5 000 in each rung.
0 70 apy 2 500 minimum deposit discover bank may be known for its credit cards.
Credit unions online banks national.
Like any cd you should consider the trade off between the difference in yield and the required time commitment.
Regular certificates of deposit can be opened with as little as 1 and jumbo certificates of deposit start out at a minimum of 100 000.
Highest yielding cd rates for new jersey nj includes online banks local banks and credit unions updated september 22 2020.
Below are the best one year cd rates from banks in new jersey.
The graph above shows the difference in rate between average 5 year cd rates and average 1 year cd rates.
0 85 apy 500.
Compare the best fixed rate ira cd rates from banks new jersey nj.
The apy annual percentage yield shown is based on the deposit amount selected.
Below are eighteen month certificates of deposit cd rates from banks in new jersey.
Marcus by goldman sachs.
Jumbo cd rates in new jersey are usually higher than regular new jersey cd rates because the deposit amount is larger.