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 ...

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.

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 ...

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 ...

If you click on links we provide, we may receive compensation. Get an overview of Citizens Bank’s CD and see if it’s right for you alvaro gonzalez / Getty Images While many banks offer CDs ...

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 ...

CNBC Select will update as changes are made public. A no-penalty CD, also known as a penalty-free CD or a liquid CD, is a type of certificate of deposit that allows you to lock in a good savings ...

This development will likely result in lower CD yields, just as the Fed’s decision to hike rates throughout 2022 and 2023 to stymie inflation led to yields increasing. While average CD rates ...

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.