FAQ: How can I find the best CD rates in Boston, Massachusetts? It seems like everyone is claiming they have the best rates.
Answer: Finding the best rates on certificates of deposit in Massachusetts, or anywhere else in the country for that matter, is a result of searching. There are always deals to be had.
The most important thing for you to consider is your own needs. For example, how long can you afford to keep your money locked up? Are you willing to sacrifice a higher rate for a longer term at a decent rate? Does the bank you’re considering allow access to your money during emergencies, and what are the early withdrawal penalties like? These are all important factors you should take into consideration when choosing a CD. Feel overwhelmed by the choices? Don’t be.
For starters, look for a deposit term you’re comfortable with. More popular options include 3-month, 6-month, 12-month, and 24-month CD’s. Then, you can start researching rates before deciding which bank to sign up with. Choose the top 5 rates you find, and then narrow them down from there. The more choices you have, the more likely you are to be choosing the best Massachusetts CD rates for your needs.
You can also use a bank rate chart in order to compare the best CD rates.
Best Massachusetts CD Account Rates
| Featured Rate | |
|---|---|
 Discover Bank  | 1.80% Date: Aug 30, 2010 |
| Highest Rates Recent Rate Changes | |
| New Bedford Credit Union 2 Year CD Account | 2.02% Date: Aug 25, 2010 |
| Southcoast Health System Credit Union 2 Year CD Account | 2.00% Date: Aug 30, 2010 |
| Bank of Cape Cod 2 Year CD Account | 1.85% Date: Aug 31, 2010 |
| Winter Hill Bank, FSB 2 Year CD Account | 1.85% Date: Aug 24, 2010 |
| 600 Atlantic Credit Union 2 Year CD Account | 1.83% Date: Aug 24, 2010 |
| East Boston Savings Bank 12 Month CD Account | 1.05% to 1.35% Date: Sep 1, 2010 |
| The Edgartown National Bank 12 Month CD Account | 0.75% to 0.90% Date: Aug 31, 2010 |
| St Credit Union 2 Year CD Account | 1.50% to 1.40% Date: Aug 31, 2010 |
| St Credit Union 12 Month CD Account | 1.20% to 1.00% Date: Aug 31, 2010 |
| St Credit Union 6 Month CD Account | 1.00% to 0.75% Date: Aug 31, 2010 |