Where to find the highest interest rates
The highest advertised rate is not always the most you keep. Rates differ by type of account or investment, by term, and by how the interest is taxed where you live.
Where interest is paid
- High-yield savings and CDs – FDIC insured up to the limit; the FDIC publishes national average rates.
- Treasury bills, notes and bonds – the Treasury publishes daily yields; interest is free of state and local income tax.
- Money-market funds – daily liquidity, not FDIC insured.
- Agency, municipal and company bonds – higher rates usually mean longer terms or a weaker issuer.
Highest rate versus highest after-tax rate
A municipal bond with a lower stated rate can beat a taxable bond after federal tax, and a Treasury can beat a CD after state tax. IncomeGrid ranks every item by yield after tax for where you live: federal, state and each investment type (Treasuries, municipal bonds, corporate bonds, funds, REITs and filed offerings are each taxed differently).
See them ranked in one place
IncomeGrid has 40,000+ investment options screened, each with a risk level from 1 to 5, so you can sort by after-tax yield and filter by term and risk.
See the highest after-tax rates →
Sources
- FDIC – National rates and rate caps
- U.S. Treasury – Daily Treasury par yield curve rates
- Investor.gov – Money market funds
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