High CD interest rates may remain high now that inflation's ticking up again. Here's what savers should consider.
Key Takeaways Since the Federal Reserve made three interest rate cuts in late 2024, CD yields have drifted gradually ...
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.
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 ...
Discover’s website provides a convenient calculator to show how much you can earn, based on your initial deposit, CD term and current APY rates. Use our CD calculator to find out what you can ...
Here are the 10 best rates for CDs in February 2025. All of these accounts are protected by either the Federal Deposit ...
With rates under 1% on high-yield savings and certificates of deposit (CD) accounts in 2020 ... with returns on the latter type hitting 6% and 7% for some savers. And, in a rate reversal, savers ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...
Other banks and credit unions with the highest CD rates in Florida include NexBank, CIBC Bank and Alliant Credit Union. Not many CDs top 5%, let alone 6% for new accounts. You may be able to find ...
Before opening an account, shop around to see which financial institutions are offering the most attractive rates. Can You Get 6% on a CD? Financial Partners Credit Union currently offers an 8 ...
(See some of the highest CD rates from our partner Bankrate ... are still promising a fixed annual percentage yield of 4.6% or more, CDs on average are delivering just 1.82% APY for a 12-month ...
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