Comparing CD Rates: Find the Best Return on Your Investment
TL;DR Summary
The best rate on an 18-month CD has increased to 5.66% APY, up from 5.55% APY. The overall leading rate among the best nationwide CDs is now 6.00% APY, the first nationally available CD to reach that threshold since the Federal Reserve began raising interest rates. There are currently 39 CDs paying 5.50% APY or more. CD rates could potentially climb higher this year if the Fed raises its benchmark interest rate again.
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- No Penalty CD vs High-Yield Savings Account: Earn A Higher Return On Your Cash | NerdWallet NerdWallet
- First Republic Bank CD rates September 2023 USA TODAY
- View Full Coverage on Google News
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