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 ...

With a low minimum deposit requirement to open ($500), and a good APY (3.35%), this 24-month CD would be a good option if you’re starting to build up your savings. Quontic credits CD interest ...

Our pick for the best CD rates are Barclays (5.10%), Ally Bank (4.80%) and Quontic Bank (4.95%). We’ve put together a list of the best CD rates from our top-rated banks, credit unions and other ...

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 ...

The Federal Reserve has raised the federal funds rate 11 times since March of 2022, pushing CD rates to highs that haven't been seen in years. With rate cuts expected to come in 2024, now may be ...

Usually, long-term CDs pay higher interest rates than short-term ones. However, if you look at the best CD rates right now, you'll find 3-month, 6-month, and 1-year terms are actually more ...

Capital One’s CD rates surpass what some competing financial institutions offer, but it doesn’t have flexible options such as bump-up or add-on CDs ...

In an age of streaming media it’s easy to forget the audio CD, but they still remain as a physical format from the days when the “Play” button was not yet the “Pay” button. A CD player ...

The national average CD rate on a 6-month term is 1.81% APY (Annual Percentage Yield), according to the FDIC. Featured Offer APYs (Annual Percentage Yields) are accurate as of 10/04/2024 Minimum ...

Commissions do not affect our editors' opinions or evaluations. Certificate of deposit (CD) rates are largely determined by the Federal Reserve rate. Historically, the Fed raises the interest rate ...

A jumbo certificate of deposit is a CD that requires a higher minimum balance obligation than that required by traditional CDs. In return, the jumbo CD pays a higher interest rate. A CD is a type ...