Finding the best Certificate of Deposit (CD) rate is crucial for maximizing your savings growth. This table is updated regularly to reflect the highest APY offers from top online banks and credit unions across various commitment terms. Lock in your guaranteed returns before rates change!
Last Verified: Today
Top High-Yield CD Offers by Term
| Institution | Term | Min. Deposit | APY (%) | Action |
|---|---|---|---|---|
| Bank A | 12 Months | $1,000 | 5.40 | Open Account |
| Credit Union B | 5 Years (60 Months) | $500 | 5.15 | Open Account |
| Online Bank C | 6 Months | $2,500 | 5.05 | Open Account |
*APYs are subject to change without notice. Please confirm rates on the financial institution’s website before opening an account.
CD Rate Analysis and Strategy
When comparing rates, remember that the Term Length heavily influences the APY. Banks often pay higher rates for longer commitments (e.g., 5-year CDs) as they value the stability of the deposit. However, always consider your liquidity needs. Before committing, use our High Yield CD Calculator to project your Final Maturity Value and ensure the total return meets your financial goals.
Beyond Traditional Rates
The CD market includes specialized products like No-Penalty CDs, Brokered CDs, and IRA CDs, each with different features and potential APYs. Understanding these options can lead to a more tailored and rewarding investment strategy. Learn more about the different types of CDs available to find the best match for your situation.