Allan Roth's latest article at CBS MoneyWatch
has a useful table comparing the three good short-term deals that I've been reporting on:
Salem Five wins out for the first 4 months, but after that, Ally Bank's 5-year CD wins.
As I described in my last weekly summary
, there are currently two liquid accounts offering around 1.50% APY but there's no guarantee how long these rates will last.
You can also get higher rates at reward checking accounts, but this requires debit card usage and there's a balance cap. Also, none are guaranteeing rates for any period of time.