Compare rates across banks for your desired term to find the best option. Key factors to evaluate when comparing CDs include: Term length: Ensure it matches your savings goals and timeline. APY: Higher rates are usually offered for longer terms. Minimum deposit: Ensure you meet the required ...
The best CD rates: our top picks*Here’s our rundown of the top 10 banks for CDs according to our research, including the key figures you should know before you open an account. Click on “see more CD rates” to view potential earnings with each institution’s rates and term lengths....
Banks or credit unions: Who offers better rates? 1-year credit union CD FAQs Research methodology Bankrate’s picks for the top 1-year credit union CD rates Note: Annual percentage yields (APYs) shown are as of Nov. 27. Bankrate's editorial team validates this information regularly, typic...
Explore and compare the best 1-month CD rates available for your short-term investment needs. Find competitive rates identified by Bankrate’s experts and secure your financial growth with ease.
Shop around and compare rates Several factors determine the CD rates banks offer. When inflation is high, the Fed raises the federal funds rate to increase the cost of borrowing and slow the economy. Banks typically follow suit, raising rates on loans, credit cards and even mortgages but also...
Earn higher interest rates than with traditional savings accounts Fixed interest rate for the term of the CD Bottom Line Huntington Bank CD rates are pretty average for brick-and-mortar banks. You don't get impressive returns with their current interest rates. Consider CDs from online banks if...
Discover the highest returns on your savings with our comprehensive guide to the best CD rates from top banks and credit unions. Uncover why online banks
with your list of rates offered by some other banks advertised on many web sites. Perhaps print out the advertisement so you have proof. I've often had tellers give me better than advertised rates if I bring in my own rate sheet, especially if it keeps me from taking my money elsewhere...
TermCD Rates 6 Month 3.00% APY 1 Year 0.30% APY 13 Month 3.50% APY 18 Month 3.00% APY 2 Year 0.40% APY 3 Year 0.40% APY 4 Year 0.50% APY 5 Year 0.50% APY Discover's CD rates are competitive with other online banks. Some, such as CIT Bank and Quontic Bank, may offer higher...
Overall, I definitely don’t on locking in any 5-year CDs due to the mix of current low rates and impending possibility of higher rates soon. Inflation numbers are still elevated. However, I also don’t expect to see significantly higher rates on savings accounts right away. Banks tend to...