A no-penalty CD can still be valuable, on the other hand, for those savers who want to lock in a fixed return, even if they're not sure of their ability to keep the funds intact for the full term.
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.
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 ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. TD Bank's CD interest rates are competitive, but only if you're an eligible TD ...