While many of the best six-month CDs we found are offered by lesser-known banks, Marcus by Goldman Sachs® stands out for its institutional name. If you're more comfortable banking with a big name, its six-month CD is for you. It offers a nice 4.25% APY with a $500 minimum deposi...
Newtek Bank, an online bank with headquarters in Miami, has a stellar rate on its six-month CDs. The opening minimum of $2,500 is somewhat hefty. Marcus by Goldman Sachs High-Yield CD Read review NerdWallet rating 5.0/5 Minimum deposit ...
A long-term CD might be worth considering in this current rate environment. That can help you build a CD ladder for the long term. But in the short term, a six-month CD can earn close to atop-yielding savings account. Alternatives to 6-month CDs ...
Not all financial institutions made our list for the best six-month CDs. Those that earned much lower ratings didn’t make the cut because they had an overall low score due to poor APY, high minimum deposit requirements and poor customer ratings. ...
The best 9-month CDs to open this June Shoreham Bank — 5.50% APY: This CD comes with a $1,000 minimum opening deposit requirement; if you withdraw your money from the CD account before it matures, the early withdrawal penalty is equal to six months of interest NASA Federal Credit Union...
Range of CD terms.You can find CD terms of three months to five years or more to fit your financial goals. Rates for six-month CDs can outpace the average bank account, and longer terms offer rates comparable to thebest high-yield savings...
consistently growing interest. Also, it’s worth opening a CD when you know you have a specific timeframe in mind when you think you’ll need this money. A six-month CD, for example, could be a good place to put your money aside for an insurance premium that’s due in eight months...
Best for 18-month APY Highest APY 4.30% Minimum opening deposit $0 Compound interest schedule Daily 4.8/5 Why we picked it With an average APY of around 4.00% and no minimum deposit required, Ally Bank’s High Yield CDs offer a good all-around value. Its 18-month rate is particula...
The term:This is the length of time you agree to leave your money deposited to avoid any penalty (such as six months or 1 year, etc.) The term ends on the "maturity date," when you can withdraw your money penalty-free. The principal:Except for some specialty CDs that allow add-on ...
The term:This is the length of time you agree to leave your money deposited to avoid any penalty (such as six months or 1 year, etc.) The term ends on the "maturity date," when you can withdraw your money penalty-free. The principal:Except for some specialty CDs that allow add-on ...