Nationwide Bank is paying 1.05% APY on CDs for 12 months.
The bank, which is run by Nationwide Mutual Insurance Company, does not have a minimum deposit requirement. The interest rate offered by the bank is one of the best.
The next top rate is 1.03% APY, which AloStar Bank of Commerce is paying. To avail this, savers will have to make a minimum deposit of $1,000.