Below, we'll calculate exactly how much a 6% CD interest rate could earn you now — and show you why this account is preferable to a popular alternative. See how much more you could be earning ...

with only a few certificates breaching the 6% threshold. But now that inflation has cooled, the Fed has started cutting its benchmark rate, and today's leading national CD return is a lower 5.20% ...

That now gives you five choices for a nationwide CD paying 6% or better, including yesterday's newly crowned rate leader, Bayer Heritage Federal Credit Union, which is offering 6.18% APY on a 12 ...

Can You Get 6% on a CD? You can score a 6% APY on a CD, but a rate that high is usually only available through credit unions, which have a membership requirement to be eligible for accounts and CDs.

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.

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 ...

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 ...

Rates for many of the highest-earning certificates of deposit are starting 2025 off a little lower than they were a few weeks ago. But while gone are the days of the widely available 6% fixed return, ...

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 ...