Considering a five-figure deposit into one of these two accounts? You may be surprised by which one earns more now.

CD rates today remain high — secure up to 4.71% APY before the next rate cut takes effect. Lock in a strong return now and ...

The best CD yield from a national bank is Northern Bank Direct, with a 4.45% APY on a nine-month CD with a $500 minimum ...

CDs are paying 4.00% or more in June 2025, but that doesn't mean they're the right place for your cash. Here's when you ...

Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, and CD accounts to help you maximize your earnings.

Opening a CD can ensure you lock in strong interest rates in case of rate drops. Online banks and credit unions with strong CDs are offering rates between 4.50% and 5.00% APY.

After all, the peak of the federal funds rate during the last (2016-2019) rate hike cycle was less than 3%, and the benchmark interest rate was set at virtually zero from 2020 until early 2022.

Interest rate trends Today’s CD rates from national banks top out around a 5.4% yield. This is the highest CD rates have been since the 2008 financial crisis. Yields were near zero for much of ...

Maybe. If you have a long-term CD that spans multiple years, you may be required to pay taxes on your interest income every year based on when your bank credits earned interest to your account ...

The Fed began raising rates in March 2022, and to date, it has raised rates by 5.25%. If the Fed continues to raise rates, CD APYs could rise even further.

For example, $10,000 in a one-year CD with a 4.31% interest rate compounded monthly earns $439.62 in interest for an APY of 4.396%. That same CD with daily compounding results in $440.40 in ...

Top CD Rates Since September 2021 - As of May 2, 2023 In September 2021, the top rate across CD terms of 6 months to 5 years ranged from 0.70% to 1.35% APY. After nine Fed hikes so far from March ...