The Best CD Rates and Best CD Bank Accounts of 2013, According to MyRatePlan.com

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Finance and banking experts from MyRatePlan (http://www.MyRatePlan.com/Bank-Accounts) have come up with their annual list of the best CD rates and best CD bank accounts of the year.

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To create their list of the best CD bank accounts of 2013, the experts from MyRatePlan took a number of factors into consideration, including the best CD rates (APY and interest rates), minimum deposits required, consumer reviews, expert opinions, & more.

Today, personal finance and bank account analysts from MyRatePlan.com, an authority bank account comparison site on the web that allows users to compare CD rates and CD bank accounts, announced their ranking of the top three best CD bank accounts of the year. CD bank accounts, short for Certificate of Deposit Accounts, are bank accounts that generally pay higher interest rates. To create their list of the best CD bank accounts of 2013, the experts from MyRatePlan took a number of factors into consideration, including the best CD rates (APY and interest rates), minimum deposits required, consumer reviews, expert opinions, fees, and more. These rankings are based on 1-year CD accounts.

Here are the best CD bank accounts of 2013, according to banking experts from MyRatePlan:

1. Ally Bank High-Yield 1-Year CD Account – The 1-year CD account from Ally Bank is this year’s choice for the best CD bank account. As of Monday, September 23, 2013, the Ally Bank High-Yield 1-Year Certificate of Deposit Account was offering a 0.940% APY interest rate, compounded daily. The Ally Bank 1-Year CD Account product is rated 4 out of 5 stars, and is also very attractive because it does not require a minimum deposit in order to open.

2. GE Capital Retail Bank 1-Year CD Account – The 1-year CD account from GE Capital Retail Bank also offers some of the best CD rates. As of Monday, September 23, 2013, the GE Capital Retail Bank 1-Year CD Account was offering a 1.040% APY interest rate, compounded daily. The GE Capital Retail Bank 1-Year CD account is rated 5 out of 5 stars, but this rate requires a $25,000 minimum deposit in order to open the CD bank account.

3. The Palladian PrivateBank 1-Year CD Account – The Palladian PrivateBank 1-Year CD account is another good choice for a 1-Year CD account. The CD account offers a 1.000% APY interest rate, compounded quarterly, and requires a $10,000 minimum deposit in order to open the account.

Potential CD account customers interested in finding and comparing the best CD rates including CD accounts that differ in minimum deposit and length from the three above can do so using MyRatePlan’s best CD rates comparison page here: http://www.myrateplan.com/bank-accounts/compare-best-cd-rates.

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Logan Abbott
MyRatePlan.com
858-454-5900 10804
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