I still don't get why people keep chasing high % CD's which most have been lower than some savings accounts online? When you have online bank accounts offering 5.32% APY interest rate at 5.17% for money market accounts which is the same as a high breed savings account or on another bank online is offering for its savings account 5.10% APY interest rate at 4.97%. I came out very well with these accounts last year. and both only need $100 dollars to open and your money isn't tied up?
Many of those have to pay a higher rate for a reason, that is, they are not in good financial standing. I would not want my money tied up at one of those places hoping for a gov't bailout.