|
Find the best credit card for you among thousands of issuing banks.
Select a card type from the pulldown menu and click on the arrow to begin.
|
|
|
|
|
CDs & Money Market
| MMA |
1.04% |
| $10K MMA |
1.12% |
| 6 month CD |
1.13% |
| 1 yr CD |
1.57% |
| 5 yr CD |
2.60% |
|
|
NEW YORK (CNN/Money) - Consumer interest rates for credit cards and banking products stood relatively still the week ending Jan. 25, according to the latest Informa Research Services survey.
The average annual percentage rate, or APR, for platinum cards inched up to 11.24 percent from 11.23 percent the previous week. Interest rates ranged from a low of 5.25 percent to a high of 19.8 percent for the week and stood at 11.04 percent a month earlier.
Rates for introductory purchase credit cards held steady with a 1.85 percent average, unchanged last week, and stood at 1.87 percent a month earlier. For the week ended Jan. 25, rates ranged from zero percent to 9.9 percent.
Reward, or incentive-based, credit cards clung to their 12.24 percent average, also unchanged from last week, with a range of 5.9 percent to 17.24 percent. Rates stood at 12.08 percent a month earlier.
Interest rates for banking products were relatively steady, but 12-month CDs advanced to a 2.15 percent average annual percent yield, or APY, up from 2.11 percent the previous week.
Rates for 12-month CDs ranged from 0.35 percent on the low end to 3.57 percent for the week. A month earlier, the average rate stood at 2.02 percent.
The average interest rate for money markets stood at 0.80 percent, unchanged from last week, with a range of 0.02 percent to 3.04 percent. Rates stood at 0.77 percent a month earlier.
Checking accounts clung to their 0.33 percent average, showing no movement in a month. Rates spanned from 0.01 percent to 3.01 percent for the week ended Jan. 25.
Below are the rates for key savings products from the 10 largest banks. You can compare rates from more institutions with the rate-search tools above.
TOP TEN COMMERCIAL BANKS & SAVINGS INSTITUTIONS
As of January 25, 2005
|
| Institution* |
State |
6 Month CD
$25,000 APY |
12 Month CD
$25,000 APY |
Interest
Checking
$5,000 APY |
Money Market
$25,000 APY |
| Bank of America |
NC |
2.00% |
2.50% |
0.10% |
1.50% |
| Wachovia Bank |
NC |
2.00% |
2.30% |
0.10% |
1.26% |
| JPMorgan Chase Bank |
NY |
1.75% |
2.15% |
0.35% |
1.00% |
| Bank One |
IL |
1.75% |
2.15% |
0.40% |
1.75% |
| U.S. Bank - Cleveland |
OH |
1.25% |
1.75% |
0.20% |
2.00% |
| BOA/Fleet |
RI |
2.00% |
2.49% |
0.10% |
1.50% |
| Citibank |
NY |
2.05% |
2.35% |
1.01% |
1.20% |
| Washington Mutual Bank |
CA |
2.50% |
2.90% |
0.40% |
1.65% |
| Wells Fargo Bank |
CA |
1.95% |
2.36% |
1.65% |
1.45% |
| SunTrust Bank |
GA |
2.00% |
2.50% |
0.10% |
1.50% |
| Top Ten Avg |
|
1.93% |
2.35% |
0.44% |
1.48% |
* Ranked by total deposit size
Source: Informa Research Services, Inc., 800-848-0218. © 2005. All rights reserved. May not be reproduced or retransmitted in any form without express written consent of Informa Research Services, Inc.
|
|
