Currently, the best CD rates still earn above 4 percent APY. The top rate tracked by Bankrate is offered by a few banks on terms from three to 14 months. Before opening a certificate of deposit, be sure to read expert advice and tips below to ensure a financially safe decision. Read ...
All banks on this list are FDIC- or NCUA-insured. (See our methodology for more information on how we choose the best CD accounts.) Best CD rates of May 2025 Alliant Credit Union: Earn up to 4.30% APY Ally Bank®: Earn up to 4.00% APY Barclays®: Earn up to 4.00% APY BMO ...
How to find the best 3-month CD rates Check out the best three-month CDs offered by banks and credit unions and weigh the pros and cons of going with a short-term CD over an account that’s more liquid. Don’t forget to crunch the numbers and calculate how much interest you could...
Today, however, with interest rates high, banks are less inclined to offer the best rates for the longest terms. Here's an example of what an online bank's CD rates might look like: CD Term Length APY 6 months 4.85% 12 months 5.00% 18 months 4.50% 24 months 4.00% 36 months ...
Compare CD rates at top national banks If you're unfamiliar with most of the names mentioned above, there's a straightforward reason why: CDs typically don't yield substantial income for major financial institutions by themselves. Established banks like Chase, PNC, and U.S. Bank prioritize attr...
CD rates, or Certificate of Deposit rates, are the rates of interest which are offered by banks and credit unions for time deposits. CD interest rates are similar to savings accounts interest rates except that “CDs” have a specific fixed term, and usually a fixed interest rate. As with ...
Large, national banks like Chase, PNC, and U.S. Bank focus on attracting customers through more profitable products, such as loans and credit cards, rather than CDs. As a result, the interest rates offered on CDs at these banks are often much lower than those available at smaller regional...
Bump-up CDs can be a great option when interest rates rise. Since many people will be hesitant to lock their money up in a CD when interest rates could go higher, banks offer incentives to them. For example, you might open a 36 months CD, however after the first year the Federal Rese...
Find and compare the top-paying four-year CD rates available to anyone in the country, all offered by federally insured banks and credit unions.
Shop around to learn where the highest 1-year CD rates are offered. You may find CD options at banks, credit unions, or evenbrokerage accounts. The best 1-year CD for you will be where you feel most comfortable stashing your cash and leaving it for 12 months. While 12 months can feel...