E*Trade increased the rates on a variety of banking products this week in an effort to woo back depositors spooked by their recent troubles. Here’s how they’re looking:
Complete Savings Accounts: 5.05%
6-Month CD: 5.25%
1-Year CD: 5.15%
Those are competitive rates, considering that as of last week, the national average for a 1-year CD was 3.5%, 3.31% for a 6-month, and the rates for the higher of the high-interest online savings accounts is 4.5%.