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    Personal Finance

    E*Trade Raises Rates On Online Savings Accounts, CDs

    By Ben Popken, 1:09 PM on Sat Dec 1 2007, 1,709 views

    etradelogo.jpgE*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%.

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