All ratings are determined solely by our editorial team. TIAA Bank offers a hassle-free basic three-month CD option that pays a good yield of 3.95%, with a manageable $1,000 opening deposit ...

A CD is a type of savings account with a fixed term. CDs can have higher rates than regular savings accounts. Many, or all, of the products featured on this page are from our advertising partners ...

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 ...

CNBC Select will update as changes are made public. A no-penalty CD, also known as a penalty-free CD or a liquid CD, is a type of certificate of deposit that allows you to lock in a good savings ...

We review nationwide banks and credit unions daily to help you find the best 1-year CD. The current best CD rate for a 12-month CD term is 4.55% APY from Newtek Bank. In comparison, the average ...

If you're interested in a short-term CD that will let you lock in a good interest rate, 6-month CDs could be a good choice. The national average CD rate on a 6-month term is 1.75% APY (Annual ...

The Federal Reserve has raised the federal funds rate 11 times since March of 2022, pushing CD rates to highs that haven't been seen in years. With rate cuts expected to come in 2024, now may be ...

APY APY stands for Annual Percentage Yield, which is the actual rate of return per year, including compound interest. The APY is typically the rate you'll see featured for the CD you're considering.

Although interest rates have dropped slightly at many banks after the Fed’s half-point September rate cut, it’s still an excellent time to lock in a solid rate on a certificate of deposit (CD).

Jackie is a freelance contributor to Newsweek’s personal finance team. She is an Accredited Financial Coach (AFC®ª) and loves helping freelancers and artists manage their money and overcome ...

Even if you don't need the money right away, the fact that your CDs mature regularly leaves you free to switch banks if you find a better CD rate somewhere ... does not cover all offers on the ...