"Record-breaking CD Rates: Best Nationwide Rate with Flexible Terms"

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Source: Investopedia
"Record-breaking CD Rates: Best Nationwide Rate with Flexible Terms"
Photo: Investopedia
TL;DR Summary

Credit Human and The Federal Savings Bank are now offering a nation-leading CD rate of 5.80% APY for a term between 12 and 17 months. Chartway Credit Union has introduced a 50-month CD with a 5.00% APY, extending the longest nationwide CD rate of 5.00% or better. The Federal Reserve is expected to hold rates steady in its upcoming meeting, but the odds of a rate hike in November or December are estimated between 25 and 40% due to persistent inflation. Jumbo deposits can earn the highest nationwide rate of 5.85% APY for a 170-day term with a $100,000 minimum.

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