Maximizing Your Savings with CDs: Top Rates and Strategies.
TL;DR Summary
The top CD rates have decreased, with the highest nationwide rate of 5.50% APY only available on a 9-month certificate. A new CD paying 5.25% APY has joined the ranks, keeping 16 options in the daily rankings of the best nationwide CDs that offer that rate or higher. The longest term on which you can earn 5.00% or better remains 3 years, paying 5.13% APY. The future of CD rates depends on the Federal Reserve's decision on interest rates during its next meeting on June 13-14.
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