The website SelectedRates.com has a lot more than just the latest and greatest bank CD rates. There’s actually a lot of useful, consumer-friendly info. In the right column, the site provides a summary for what rates did in the past week – nice if you want to get up to speed quickly without doing a lot of research.
The site has short articles on topics that interested me, including why direct deposit for paychecks, social security, or pension can increase your interest rate, why consumer ignorance about interest rates helps banks make a profit, and what law dictates how long a bank can hold onto a check deposited before making it available to you (something my Mom was just asking me about).
SelectedRates.com also lists bank rates by state, including California, New York, and Florida CD rates. I like that the site has a glossary, an explainer page for mutual funds, and dozens of general tips. Quite a lot of free resources!
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