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.

Currently, the best 1-year CD rates are some of the best rates you can get on CDs in general. The best CD rate for a 12-month CD term right now is 4.55% APY from Credit Human Federal Credit Union.

CD rates ebb and flow as the Federal Reserve adjusts rates. If you want to lock in current CD rates before they fall, you might have to act fast. A high-yield savings account could be the perfect ...

Business Insider's personal finance team compared Fidelity CDs to the best CD rates and discovered it was a standard offering. Its CD rates are generally strong, but they change often, and ...

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 ...

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 ...

If you click on links we provide, we may receive compensation. Synchrony Bank offers CD accounts with APYs as high as 4.25% Michelle Lambright Black is an expert on credit reporting, credit ...

If you click on links we provide, we may receive compensation. Truist Bank offers a simple CD account with several potential interest rate tiers Thomas J Catalano is a CFP and Registered ...

One notable option to consider is a CD from Synchrony Bank. Known for its wide variety of CD terms and types—including bump-up CDs and no-penalty CDs—Synchrony Bank is a compelling choice for ...

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 ...

Choosing between a certificate of deposit (CD) and an individual retirement account (IRA) boils down to your plans for the money. CDs offer stability for short-term goals with fixed APYs while ...