According to the FDIC, the national average CD rate on a 6-month term is 1.61% APY (Annual Percentage Yield), but the best CDs from online banks and credit unions offer much higher rates.

Today’s featured pick is the 1-year CD account offered by Credit Human Federal Credit Union. This account has an APY of 4.40% ...

If the Federal Reserve cuts its benchmark rate this year, it will push savings and CD rates lower. Here's what the central ...

Who It’s Best For The six-month Quontic Bank CD is best for those who want competitive rates and don’t mind banking online. Interest compounds daily and is credited monthly. Once your CD ...

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.

Fed rates tend to impact CD rates ... Vibrant Credit Union offers a strong rate for its 6-month CD. It also has a very low minimum opening deposit of $5. The easiest way to join Vibrant Credit ...

You can lock in today's high rates for the term of the CD. Moreover, they're safe investments, generally coming with FDIC or NCUA insurance on balances up to $250,000. There's a big difference ...

CDs offer less flexibility than savings accounts and lower returns than the stock market. Here are some good reasons to put ...