But, a certificate of deposit (CD) can help. That's because today's leading accounts come with higher returns than the current inflation rate. However, strong current returns aren't the only ...

Commissions do not affect our editors' opinions or evaluations. After climbing for the past couple of years, CD rates have been slowly declining in 2024. CD rates tend to track the federal funds rate.

Interest is compounded daily and is credited monthly. You can withdraw interest earned at any time during your CD term without penalty. CDs automatically renew at maturity. Synchrony customers ...

Currently, the best 1-year CD rates are some of the best rates you can get on CDs in general. The best CD rate for a 12-month CD term right now is 4.55% APY from Credit Human Federal Credit Union.

If you're looking for the best 2-year CD rates, you'll likely find them at online banks and credit unions. These financial institutions can far outpace the average APY (Annual Percentage Yield ...

These are the best banks for certificate-of-deposit customers. All offer above-average CD yields and each does at least one additional thing well, whether it’s allowing customers to take advantage of ...

So how could the Fed's moves — and any other economic changes that occur — impact the CD account interest rate landscape this year? Here's what experts say could happen with CD rates in 2025.

If you click on links we provide, we may receive compensation. Truist Bank offers a simple CD account with several potential interest rate tiers Thomas J Catalano is a CFP and Registered ...

CNBC Select will update as changes are made public. If you're looking for a safe place to park significant savings, a jumbo CD can be a good choice. Most jumbo CDs require a minimum deposit of at ...