"High-Yield CDs: Discover the Best Rates Today, Including a 6.5% Option"

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Source: Investopedia
TL;DR Summary

The top nationwide rate for certificates of deposit (CDs) has increased to 5.88% APY, the highest in almost two weeks. Bank of South Texas offers this rate for a 1-year term, with a maximum online deposit of $25,000. Other options include a 13-month certificate from Dow Credit Union at 5.76% APY and an 18-month jumbo rate of 5.80% APY from All In Credit Union. However, CD rates are expected to continue declining as the Federal Reserve discusses potential rate cuts.

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