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 ...

With three back-to-back Fed rate cuts behind us last year and two more expected in 2025, CD rates have been gradually declining. But you haven't missed your chance to lock in solid returns.

Keep reading for more details about these accounts. Ally once again took the top spot on our list for its 18-month CD. This account boasts a 3.80% APY and doesn’t require a minimum opening ...

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.

While Chase offers a wide variety of terms on its CDs, its rates, which are as high as 4% for a two-month CD, are competitive if you are a customer, but otherwise very low. Here’s an overview ...

You might want to open a 6-month CD if you're looking for a way to lock in a high interest rate for half a year. According to the FDIC, the national average CD rate on a 6-month term is 1.63% APY ...

The best 1-year CD rates offered by national banks and credit unions are much higher than the national average. The best CD rate for a 12-month CD term right now is 4.55% APY from Credit Human ...

Lauren Graves is an educator-turned-editor specializing in personal finance content. She seeks to make complicated topics easier to understand and less intimidating to the average reader with ...

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 ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

A no-penalty certificate of deposit is a type of CD that charges no fee for withdrawing money before the term expires. It offers more flexibility than other CDs. Strict editorial guidelines to ...