"High-Yield CDs: Discover the Best Rates Today, Including a 6.5% Option"
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.
- Top CDs Today: Nation-Leading Rate Is a New and Improved 5.88% Investopedia
- 20 CDs offering rates of 5.50% or more in December 2023 CBS News
- Top CD Rates Today: Down to Just 3 Offers of 5.75% or Better (Plus 3 at 5.70%) Investopedia
- Here's Why Now's a Good Time to Lock in a Long-Term CD Yahoo Finance
- This CD is offering 6.5% — and 5 more certificates of deposit with APYs of 6% or higher MarketWatch
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