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.

Its fixed-rate CD offers a variety of terms, while its Step Up CD and No Penalty CD come with more limited terms. All of Citibank’s CDs require a minimum deposit of $500. Your annual percentage ...

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 ...

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 ...

The national average CD rate on a 6-month term is 1.64% APY (Annual Percentage Yield) according to the FDIC, but you can earn much higher rates with the best 6-month CDs from online banks and ...

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.

Certificate of deposit (CD) accounts have been both valuable and secure for savers for many years. But in the inflationary climate of 2022 to 2024, they become arguably mandatory. With a fixed ...

This development will likely result in lower CD yields, just as the Fed’s decision to hike rates throughout 2022 and 2023 to stymie inflation led to yields increasing. While average CD rates ...

Whenever you make any purchase through links on this website, eFestivals may earn a commission. You will never be charged more if you purchase via our links, but you will be directly helping to ...