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.

Currently, the best 1-year CD rates are some of the best rates you can get on CDs in general. The best CD rate for a 12-month CD term right now is 4.55% APY from Credit Human Federal Credit Union.

The national average CD rate on a 6-month term is 1.64% APY (Annual Percentage Yield) according to the FDIC, but you can earn much higher rates with the best 6-month CDs from online banks and ...

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 ...

While you’ll get a lower APY than you would with a CD, this accessibility can be useful if you need money to cover day-to-day costs or if an unexpected expense arises. Learn more about Citizens ...

Learn how much you can earn with a PNC Bank certificate of deposit Hero Images Inc / Getty Images A certificate of deposit (CD) can be a good option for saving money, especially if you’re ...

Business CDs work the same as personal CDs—you earn fixed interest on your balance for a predetermined period, called a CD term, and you agree to leave funds untouched in the account until this ...

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 ...

A no-penalty certificate of deposit is a type of CD that charges no fee for withdrawing money before the term expires. It offers more flexibility than other CDs. Strict editorial guidelines to ...