What is an average annual interest rate that you can receive on a Certificate of Deposit (CD) or bank?

Question

If I were going to throw my money in a bank right now or find a solid CD out there, what interest can I expect to see over a year?

Answer 1

Average National CD Bank Rates

http://www.bankrate.com/brm/rate/deposit...

Also can search rates for your area from link above.

Answer 2

Very low, unfortunately---should be around 3.50% for a year, not enough to breakeven or keep up with inflation.

Answer 3

depends on size of the deposit and how long you will be willing to lock it up.  Go to bankrate.com and look at the CD tab, it will give you a clue.  Generally, the more you will deposit and the longer you are willing to lock your money up for, the higher the rate you will get.  tba