Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Personal Finance

How can I find cd's that pay interest monthy to a money market account?


Anywhere in the US

Does it have to be monthly? Most CDs pay quarterly, I believe.

What you can do is this: Ladder your CDs as usual (which are paid quarterly).

However, online savings accounts now are getting at least 5.05%, very close to CD rates. GMACBank.com is paying 5.30%, I believe with some restrictions. So part of your money can be put in these high yielding savings accounts,
and the CDs are still paying quarterly.

More info on online savings account, getting 5.05% or better:
http://techfarm.blogspot.com/2007/07/hig...
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