IndyMac Bank currently holds the top spot for the best short term CD rates, with a 5.40% APY on their 3 and 4 month CDs. Minimum deposit on this CD is $5,000. CDs can be opened and funded online, and there isn’t a hard credit pull when you apply. IndyMac bank has had some problems [...]

Indymac Bank currently has a a special internet promotional CD with a 5.45% APY and 4 month maturity term. Minimum amount required to open this certificate of deposit is $5,000. This promotional rate applies only to the initial CD term. Interest is compounded daily and paid or reinvested into the account monthly or at maturity. [...]