Best 1 Year Cd Rates In New Jersey

The other five cds range from as short as a 6 month cd to its longest cd a 3 year cd.

Best 1 year cd rates in new jersey.

6 months 1 year 2 years 3 years 4 years 5 years. 0 70 apy 2 500 minimum deposit discover bank may be known for its credit cards. Jumbo cd rates in new jersey are usually higher than regular new jersey cd rates because the deposit amount is larger. Below are the best one year cd rates from banks in new jersey.

One year cd rates are generally comparable to or a little higher than their savings and money market counterparts. Highest yielding cd rates for new jersey nj includes online banks local banks and credit unions updated september 22 2020. 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. The apy annual percentage yield shown is based on the deposit amount selected.

0 85 apy 500. Marcus by goldman sachs. Compare the best cd interest rates in new jersey nj from hundreds of banks and credit unions. 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.

The graph above shows the difference in rate between average 5 year cd rates and average 1 year cd rates. Summary of the best rates available from a large pool of banks here are the best 1 year cd interest rates. Below are eighteen month certificates of deposit cd rates from banks in new jersey. Credit unions online banks national.

0 75 apy no minimum to open. The table above lists best cd rates currently offered for several different maturities lengths. 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. Compare the best fixed rate ira cd rates from banks new jersey nj.

Eighteen month cds offer a bit more yield than 1 year cds but require a longer time commitment. Like any cd you should consider the trade off between the difference in yield and the required time commitment. New jersey jumbo cd rates.