Established banks like Chase, PNC, and U.S. Bank prioritize attracting customers through more lucrative products such as loans and credit cards rather than CDs. Consequently, CD interest rates offered by these banks are often lower than those at smaller regional banks or online institutions. More...
Summary: Best CD Account Rates of January 2025 BEST FORAVAILABLE CD TERMSBEST RATE OFFERED Raisin (SaveBetter)Short-term, no penalty1 month to 14 months4.55% PNCLong-term CD options1 month to 10 yearsUp to 0.04% APY CIT Bank11-month, no-penalty CD option1 month to 5 years3.50% APY ...
PNC Bank CD rates of 2025 CDs Lauren Ward Best 6-month CD rates of November 2024 CDs Sarah Sharkey Huntington Bank CD rates of 2025 CDs Erin Gobler Top CD rates today: Rates move up — November 1, 2024 CDs Jenn Jones Top CD rates today: Rates move up — October 31, 202...
According to the FDIC, the average 12-month CD rate today is 1.88%. However, many banks currently offer rates of 4%–5%, especially for terms under two years. This allows them to attract new customers with high rates, without allowing them to lock in that rate for an extended period of...
Check out the best CD rates today at top online banks and credit unions. The highest certificate of deposit rates are above 4%.
Right now, the average annual percentage yield for the top six-month CDs we track at CNET is 4.24%. You can find plenty with APYs up to 4.75%. The best high-yield savings accounts still earn over 5% APY, but these rates are variable and can change at any time. In today’s falling...
Check rates and terms CD Account Options & Rates A CD is a savings product that includes a pre-determined interest rate over a set term. CDs help to make saving easier if you don't need immediate access to your money. They usually pay you a higher interest rate than a traditional saving...
Falling Interest Rates: Opt for Longer-Term CDs When interest rates are expected to decline, it's often beneficial to secure longer-term CDs at the current higher rates. Locking in longer maturities before rates drop protects the investment from the downward trend and provides higher interest inco...
You typically won't see big names like Chase, Wells Fargo, PNC, Navy Federal, or Bank of America in our rankings of the best CD rates. We research their rates, but they don't make our list simply because they don't pay enough. Extremely large banks typically don't need to attract ...
Wells Fargo CD Rates TD Bank CD Rates PNC Bank CD Rates Charles Schwab CD Rates PenFed CD Rates Alternatives to a 1-Year CD A 1-year CD won’t be the best savings option in all cases, of course. Fortunately, there is no shortage of alternatives, depending on your situation: ...