In May 2022, for instance, the average six-month CD offered a yield of 0.10%. Put $10,000 into a CD paying that yield and you’ll end up with a grand total of $5 in interest earnings. Enough for ...
You can open a CD at almost any bank, but it literally pays to find CDs with high interest rates. Shop around at credit unions, banks and other financial institutions. Rates will vary and your go ...
This marks the first decrease since March 2020. The best CD rates for six-month to one-year terms have fallen from around 5% to the mid-4% range in APY. The best longer-term CD rates have dropped ...
The best CD rates for California range from 4.75% to 5.10% APY, which is over three times than the national average. Short-term CDs are ideal for saving for near-future events like vacations.
CNBC Select will update as changes are made public. If you're looking for a safe place to park significant savings, a jumbo CD can be a good choice. Most jumbo CDs require a minimum deposit of at ...
Although interest rates have dropped slightly at many banks after the Fed’s half-point September rate cut, it’s still an excellent time to lock in a solid rate on a certificate of deposit (CD).