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30K FICO-based HELOC average4.83%

When you're on the hunt for the best CD rates on a certificate of deposit, every tenth of a percentage point of yield makes a difference, especially when interest rates are at a historic low. But if the best rates are from banks, credit unions or savings and loans with low Bankrate.com Safe & Sound Ratings, does it make sense to go for the yield when the bank is at risk?
The answer is, it depends. "Technically, consumers have nothing to worry about as long as they stay under FDIC (Federal Deposit Insurance Corp.) limits, which are $250,000 through 2013," says Robert Laura, a financial adviser and president of Financial IQ in Farmington, Mich. According to the FDIC Web site, a CD that matures after Dec. 31, 2013, would have its insured limit reverted back to to $100,000, except for certain types of retirement accounts.

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