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 ...

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.

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.

Interest is compounded daily and credited to your account monthly. If you take money out of your CD during the agreed-upon term, before its maturity date, you’ll be charged a penalty for early ...

Business Insider's personal finance team monitors the best banks and credit unions each day to help you open the right 5-year CD for you. The best 5-year CD rates far outpace the national average ...

So how could the Fed's moves — and any other economic changes that occur — impact the CD account interest rate landscape this year? Here's what experts say could happen with CD rates in 2025.

"I expect CD and savings rates to hold steady where they are currently while the dust settles a bit," said Dana Menard, founder of Twin Cities Wealth Strategies. Here's what you need to know about ...

These are the best banks for certificate-of-deposit customers. All offer above-average CD yields and each does at least one additional thing well, whether it’s allowing customers to take advantage of ...

Natalia Gdovskaia / Getty Images If you're a fan of CD laddering, you've probably been enjoying the high annual percentage yields (APYs) of 2023 and 2024. However, with the Federal Reserve ...

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 ...