Highest CD Rates in New Jersey
Today we’re going over to New Jersey to see what rates are doing in that area. As we continue around the country here at Highest CD Rates Info, we are finding the best rates for you in every state.
As usual, we’ll group certificates of deposit by term, then rank them by highest CD rates along with other information like minimum deposit requirements. Let’s look at current CD rates in New Jersey.
1 Year Term Best CD Rates in New Jersey
Right now, best rates for this term are at Ally Bank, which has a 2.00% annual percentage yield (APY) and no minimum deposit requirement. They’re way ahead of the next in line, which is TD Bank with a 0.90% APY and a $500 minimum deposit, followed by Sovereign Bank with a 0.89% APY and a $500 minimum deposit requirement.
3 Year Term Highest CD Rates in New Jersey
This term is much more competitive with Ally Bank still leading with no minimum deposit requirement and a 2.70% APY offer. Bank of America has a 2.05% APY with a $1,000 minimum deposit requirement and TD Bank has a 2.00% APY with a $500 minimum deposit.
5 Year Term New Jersey CD Rates
For this popular investment term, Ally Bank is still in the lead with highest CD rates of 3.30% APY with no minimum deposit, followed by TD Bank and Bank of America at 2.75% APY with a $500 and $1,000 minimum deposit requirement, respectively. Sovereign Bank then has a 1.65% APY with a $500 minimum deposit requirement.
All banks listed are FDIC insured. Current CD rates change quickly, so if any of these best CD rates in New Jersey appeal to you, lock your highest CD rates in now.