March 24 CD Rates Update: Deposit Amounts Drop for Higher APYs

Despite the recent interest rate hike by the Federal Reserve, the top CD rates have remained mostly steady, with the best rate for a CD of any term sitting at 5.50%. The top rate for a 1-year CD fell to 5.20% from 5.35% yesterday, with Sun Canyon Bank pulling its term-leading 1-year CD. Credit Human, a nationwide credit union, is offering the best-paying CD at 5.50% APY on a choice of term between 24 and 35 months, with a minimum deposit of $500.