Currently, 1-year CDs offer some of the highest CD rates you can find across the board. The best CD rate for a 12-month CD term right now is 4.55% APY from Credit Human Federal Credit Union.

Many online banks and credit unions offer 2-year CD rates that are much higher than the national average APY (Annual Percentage Yield) on a 2-year CD, which is 1.45% APY. The best 2-year CD rate ...

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.

With three back-to-back Fed rate cuts behind us in 2024 and two more expected in 2025, the year's highest CD rates have started dropping. But you haven't yet missed your chance to lock in solid ...

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 ...

The bank offers high APYs on some short-term CDs, but they come with a steep deposit requirement FG Trade / Getty Images Wells Fargo offers a limited number of CD terms with high minimum deposit ...

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 ...

Holly Johnson is a freelance contributor to Newsweek’s personal finance team with a focus on credit cards and rewards, financial products and travel. Johnson has spent more than a decade ...