Non-APY elements such as customer reviews, deposit requirements and were still considered, however. You want to get the most juice for the squeeze, after all. You’ll notice from the above list that we believe yield is the most important factor when you’re shopping around for a CD. One with a score of 80 would get 4 stars and so on.
We created a star rating for each based on seven categories, which we weighted based on importance:Īn institution with a perfect score of 100 would get 5 stars. We evaluated nearly 150 CDs offered by 84 financial institutions across the nation, including ones from credit unions, traditional banks and online financial institutions.
