A short-term certificate of deposit (CD) account comes with an interest rate higher than most traditional savings accounts, high-yield savings versions, and even many long-term CD options.

The best 1-year CD rates offered by national banks and credit unions are much higher than the national average. The best CD rate for a 12-month CD term right now is 4.55% APY from Credit Human ...

Business Insider's personal finance team checks the best nationwide financial institutions daily to help you find the right 5-year CD for you. The best 5-year CD rates are far higher than the ...

After a string of cuts were made to the federal funds rate by the Federal Reserve in 2024, many savers have felt like the good times were over for certificate of deposit (CD) account yields.

Commissions do not affect our editors' opinions or evaluations. After climbing for the past couple of years, CD rates have been slowly declining in 2024. CD rates tend to track the federal funds rate.

Lauren Graves is an educator-turned-editor specializing in personal finance content. She seeks to make complicated topics easier to understand and less intimidating to the average reader with ...

As a result, the best CD rates in the nation have largely been holding steady after drifting a bit lower at the end of last year. Certificates of deposit (CDs) continue to pay historically high ...

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 ...

While Chase offers a wide variety of terms on its CDs, its rates, which are as high as 4% for a two-month CD, are competitive if you are a customer, but otherwise very low. Here’s an overview ...

With three back-to-back Fed rate cuts behind us last year and two more expected in 2025, CD rates have been gradually declining. But you haven't missed your chance to lock in solid returns.