However, by opening a certificate of deposit (CD), you can still lock in a high rate for a set amount of time. That way, even if banks continue to lower their interest rates, you will still earn a ...

We check national banks and credit unions each day to find the best 1-year CD rates currently offered. The best CD rate for a 1-year term is 4.90% APY from EFCU Financial. In comparison ...

See how we rate banking products to write unbiased product reviews. The best 5-year CD rate is 4.00% APY from Synchrony and several other places. The best 5-year CDs far outpace the national ...

All ratings are determined solely by our editorial team. If you’ve got at least six figures for your jumbo CD, you can take advantage of the competitive jumbo CD rates on one of its five terms ...

In May 2022, for instance, the average six-month CD offered a yield of 0.10%. Put $10,000 into a CD paying that yield and you’ll end up with a grand total of $5 in interest earnings. Enough for ...

For this CD list, more than five data points were considered per institution. Certificates of deposit (CDs) can have the highest interest rates among bank accounts. The best CD rates today are ...

Twelve-month CD rates can help to build savings quickly while keeping funds flexible. If you prefer not to tie up funds for several years, 12-month CDs could be the perfect term length for you.

You can lock in a great APY and protect your earnings from additional rate drops by opening a CD now. There’s still time to protect your earnings from anticipated rate drops with a certificate ...

A no-penalty certificate of deposit is a type of CD that charges no fee for withdrawing money before the term expires. It offers more flexibility than other CDs. Strict editorial guidelines to ...

Rebecca Lake is a journalist with 10+ years of experience reporting on personal finance. She also assists with content strategy for several brands. Katie Miller is a consumer financial services ...

If you’re looking for a secure place to store your money and earn interest, a high-yield certificate of deposit (CD) could be a good option. These accounts require you to keep your money on ...

Most CD options require a single deposit and don’t allow additional deposits, so you’ll need to gather your funds before opening an account. When you’re ready to open a CD, compare the best ...