"Unveiling the Best CD Rates of July 2023"

The top rates for certificates of deposit (CDs) remain steady, with the highest available rate at 5.65% APY for a 9-month term. There are 19 CDs offering at least 5.35% APY. The longest duration to earn at least 5.00% APY is a 3-year CD at 5.13% APY, or a jumbo 4-year CD at 5.12% APY with a $100,000 deposit. The Federal Reserve is expected to raise the federal funds rate, potentially pushing CD rates even higher.