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The average annual percentage yield for a 12-month CD dropped two basis points this month to 1.78%, according to the FDIC.

With inflation pinching budgets, you might be looking for places to store your cash to outpace it. And one risk-free option to consider is a jumbo CD. CD rates have dipped slightly, following the ...

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 ...

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 ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Jumbos have higher interest rates across half of the CD terms today Hilarey ...

A regional bank, Huntington’s promotional CDs boast higher-than-average rates Fact checked by Michael Rosenston As a smaller ...

Standard CDs offer more flexibility, term options and special features compared to jumbo CD accounts. Jumbo CDs often pay slightly higher interest rates than standard CDs but have fewer ...

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Business Insider's personal finance team compared Alliant Credit Union CD rates to the best CD rates and found them to be a standard offering. Alliant Credit Union CD rates are higher than those ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. The top rates for nationwide CDs showed almost no movement this week The Good ...

Rebecca Lake is a certified educator in personal finance (CEPF) and a banking expert. She's been writing about personal finance since 2014, and her work has appeared in numerous publications online.