Latest responses to “Best CD (Certificate Of Deposit) Rates” Copyright 2012, MoneyBlueBook.com 401390 2009-08-24T10:20:57-07:00 Chuck I don't doubt that in aggregate, Lending Club lenders are getting close to 9%. However the risk to an individual investor is higher than the aggregate. I put in about a thousand bucks, spread out over 40 loans, but one of my A+ loans defaulted after five months. That cut my 9% rate to about 3% really quickly. Putting Lending Club in a list of CD's is pretty irresponsible. There is no relation between federally insured deposits and unsecured consumer debt, and to imply so is misleading. I assume there are some advertising bucks involved. We are in a slightly deflationary environment right now. A 2% return now is the same as a 5% return with 3% inflation. So if you thought rates were good before, then they're good now. You have to think in real, post-inflation terms to understand the true value of your money. 401380 2009-08-23T19:34:03-07:00 Darren Not sure if cd rates are worth it these days. Interest rates are currently at historical lows and unless inflation becomes an issue, Ben Bernanke's Fed isn't going to be raising rates anytime soon. 2% is a horrible rate, but I guess in this recession it's the best we got. I checked out Lending Club...I'm somewhat skeptical of the claim that investors are averaging 9.60% in interest payments. Is it some ponzi scheme and how do I ensure that my money is fully insured from theft or fraud?