- You can earn Apy up to 4.65% with today's top CD.
- CDs offer guaranteed earnings, low risk and federal deposit insurance.
- If your priority is to protect your money from loss, CD can be a big investment.
The stock market is a high-risk game, a highly awarded game. It can be attractive to investors with high risk tolerance or a long investment timetable that facilitates weather fluctuations. But what about the money you are focused on keeping it safe?
A deposit certificate can be a smart place to put funds that you do not want to use your chances. Your rate is locked when you open a CD so that your yields remain the same no matter what is happening in the economy. At a time when the stock market appears to be particularly unstable, this predictability and security can be invaluable.
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Today Best CD -a Offers up to 4.65% annual percentage of yield – more than three times of National average For some terms. This can help you increase your money faster, whether your goal is to protect your retirement egg or set aside funds for a specific expense, such as a new car or home payment.
Here are some of the highest CD rates available now and how much you can earn by depositing different quantities.
Best CD Rates Today
| Term | Highest apy* | Bank | Estimated Deposit earnings of $ 1,000 | Estimated Deposit Earning of $ 5,000 | Estimated Deposit Earning of $ 10,000 |
|---|---|---|---|---|---|
| 6 months | 4.65% | Federal Credit Union throughout the Community | $ 22.99 | $ 114.93 | $ 229.85 |
| 1 year | 4.45% | Federal Credit Union throughout the Community | $ 44.50 | $ 222.50 | 445.00 USD |
| 3 years | 4.15% | First Credit Union of America | $ 129.74 | $ 648.69 | $ 12,97,38 |
| 5 years | 4.20% | First Credit Union of America | $ 228.40 | $ 1,141.98 | $ 2,283.97 |
Experts recommend comparing rates before opening an CD account to get the best possible apy. Enter your information below to get the best rate of CNET partners for your area.
Why should you consider opening a CD today
CDs offer a number of benefits, including:
- Low risk: CD -a held by FDIK-insurance The credit union insured by a bank or NCUA is protected up to $ 250,000 per deposit, institution and category of accounts. This means that if your bank fails, your money is safe. Other investments, such as shares, can potentially provide higher yields in the long run, but they are also unstable, which means you could lose money at any time.
- Guaranteed yields: Your Apy is locked when you open CDs, unlike saving accounts, where interest rates can vary at any time. The fixed CD rate makes it easier to calculate how much interest you earn over time and protects your assets from rate drops after you open your account.
- Competitive prices: Traditional savings accounts offer minimum ApysSometimes even at 0.01%. Today's CDs with top yields have an APY of 4.50% or more, which can make A. Difference in your earnings of interest.
- Access barrier: You can drag money at a saving account at any time, free of charge (as long as any monthly withdrawal restrictions). However, a lot of CDs are charging Early penalty for withdrawal If you take out the money before the term ends. This can help you resist the urge to soak your assets before you need it.
Do not overlook high -yield saving accounts
CD -a has a lot of perks, but they are not always the best option. “It really depends on your goals,” said Taylor Kovar, an authorized financial planner and CEO of 11 financial.
To determine if CD is the right choice for your money, ask yourself the following questions:
- When will you need funds? The CDs are great for savings with a set time frame, and they come in a series of terms, from short from three months to several years. If you know you want to buy a home on the road, for example, a Five -year -old CD It can be a great way to increase your payment. If you need quick access to your money with Emergency FundHowever, a High yield saving account is better fit.
- How much should you deposit? Some CDs need a minimum deposit to open an account, usually from $ 500 to $ 1,000. If you cannot find an account with an attractive APY for the amount you want to deposit, try to consider a low -yield saving account or no minimum deposit.
- Do you want to add money over time? Most CDs (though not all) allow only a one-time deposit. If you want to regularly add money to your savings over time, take a high -yield saving account.
- Do you need some discipline? If you are worried, you will be tempted to get into your savings before you need you, the CD imposes an early penalty for withdrawal, which can help give you a break.
-You can earn up to 5% APY at today's best high -yield savings. Check Top -notch rates of savings Now.
Methodology
CNET reviews CD -based CDs based on the latest APY information from the publisher's web pages. We have evaluated CD rates of more than 50 banks, credit unions and financial companies. We evaluate the CD -based APYS, offers of products, accessibility and customer service.
The current Banks Included in Cnet's Weekly CD Averages Include Alliant Credit Union, Ald Bank, American Express National Bank, Barclays, Bask Bank, Bread Savings, Capital One, CFG Bank, Cit, Fulbright, Marcus, Marcus, Marcus, Marcus, By Goldman Sachs, MySB Direct, Quontic, Rising Bank, Synchrony, Everbank, Popular Bank, First Internet Bank of Indiana, America First Federal Credit, Community Bethpage, BMO Alto, Limelight Bank, First National Bank of America and Credit Union of Context.
*Apys as of March 17, 2025, based on the banks we follow at CNET. Earnings are based on Apys and we assume that interest is upgraded annually.