But, a certificate of deposit (CD) can help. That's because today's leading accounts come with higher returns than the current inflation rate. However, strong current returns aren't the only ...
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.
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.
MoneyCrashers.com does not include all savings companies or all savings offers available in the marketplace. No investment or savings vehicle is entirely without risk, but certificates of deposit (CDs ...
The Federal Reserve maintained interest rates last month. CD rates are influenced by the Fed's decision. Since the Fed didn't cut rates, it's likely CD rates will hold steady in February.
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 ...