One of the highest CD rates is offered by Discover Bank with 1.60% APY for CD accounts of 12-month period. You can be assured of the service they provide because they are rated as one of the best banks in the US.

You can use their calculator on their website to calculate the earnings you will gain within a time period and the amount your deposited. Here is the link to their website: http://fb.discoverbank.com/campaign/cd/cdr...amp;src=D100509