Finally someone with more than 2 dollars to put in a cd- how refresing.
Have you ever considered opening a ROTH account?
Once you open a roth account you can buy cd's with that money.
I consider Charles Schwab to be the top of the discount brokers and you only need 1K to open an account with them.
They never charge a fee for anything, and they are friendly.
CD's are free to buy, and free to sell in the open market if you need to sell. Right now, if I sold my cd's I would actually make a nice profit. Try seeing that from your bank around the corner.
If a discount broker sounds like too much at this state in your life, go to bankrate.com and click on cd's.
Discover.com or ING.com may be among online banks that pay a high yield on best rate cd's.
Enjoy investing safetly - good move in this economy - you won't regret it.
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If you go to bankrate.com, you can locate the best rates in the USA. It's constantly being updated, so check the rates on the day you are going to purchase them.
Ally Bank www.allybank.com offers amongst the highest rates. It's where I put most of my liquid money. You also might want to consider the Short Term Bond Fund at T. Rowe Price www.troweprice.com But there is some risk there.