Talk to me about CDs and their rates

Ive been real lucky since Ive graduated and found a job right away making good money. Now that my car is paid off(:luvlove:) Ive been able to save up money at a nice rate.

I thought about throwing it all in savings but here lately a couple of co-workers have turned me onto CDs. Ive been researching alittle about them but would like some first hand stories/experience.

Looking at throwing 10-15k in, from what Ive seen 4% for a 3/6 moonth is good right?

Anyone have money in CDs? Please share some tips!

TIA

I have 6k in a CD for 6 months, just make sure its not money your going to need within that time, keep some just incase you need it or they will charge you a penalty to take it out early. Its got a better rate then my savings account so I figure if I dont need it, why not?

Quote:

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Originally Posted by TheKitchenSink

I have 6k in a CD for 6 months, just make sure its not money your going to need within that time, keep some just incase you need it or they will charge you a penalty to take it out early. Its got a better rate then my savings account so I figure if I dont need it, why not?

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thats my thinking, I'll be keeping a couple grand out. What rate do you have?

http://cdrates.bankaholic.com/