Everbank Top 3 Month and 6 Month CD Rates at 4.02% APY and 4.23% APY

Everbank raised the rates on several of its Certificates of Deposit and now has the best 3 month CD rate and the best 6 month CD rate according to the BestCashCow rate tables. The 3 month cd is paying 4.02% APY and 6 month CD is paying 4.23% APY.

Everbank also offers a competitive savings account and checking account rates.

Yield Pledge Money Market Account that currently pay a 4.65% 3-month Bonus Rate on the first $50,000 deposited and then 3.51% APY. Blended this generates a 3.82% First-year APY (up to $50K).
FreeNet Checking Account that currently pay a bonus 3-month rate of 4.65% APY and then 3.45% APY on deposits over $50,000 for a first year blended APY of 3.60% APY.

Everbank appears to be in good financial health. Bauer financial gives it 3 1/2 stars for safety and soundness out of 5. In the second quarter of 2008, the bank reported record earnings from continuing operations of $18.5 milion, a 8% increase from the period last year.

Today's Highest Online CD Rates

Bank	Product Term	Interest Rate (APY)
Finworth, a division of InsBank	1-Year	4.55% APY with $50,000 minimum
TotalDirect, a division of City National Bank of Florida	1-Year	4.50% APY with $25,000 minimum
First Internet Bank of Indiana	1-Year	4.42% APY with $1,000 minimum
Merrick Bank	3-Year	4.15% APY with $25,000 minimum
Colorado Federal Savings Bank	3-Year	3.95% APY with $5,000 minimum
M.Y. Safra Bank	3-Year	3.90% APY with $500 minimum
Merrick Bank	5-Year	4.05% APY with $25,000 minimum
Synchrony Bank	5-Year	4.00% APY with no minimum
M.Y. Safra Bank	5-Year	3.90% APY with $500 minimum

Bank

Product Term

Interest Rate (APY)

Finworth, a division of InsBank

1-Year

4.55% APY with $50,000 minimum

TotalDirect, a division of City National Bank of Florida

1-Year

4.50% APY with $25,000 minimum

First Internet Bank of Indiana

1-Year

4.42% APY with $1,000 minimum