To see how 3-month CDs compare to CDs with other term lengths, check out our overall best CD rates. The national average bank interest rate for 3-month CDs is 1.41% APY according to the FDIC ...

Certificates of deposits, or CDs, are another savings option. If you’re looking into CDs, the best 3-month CD rates today range from 4% to 5%, depending on the institution. Here are our top picks.

If you're concerned about locking up your money into one long-term CD, consider building a CD ladder ... trusted providers as of Thursday, April 3, 2025. Bread Financial Savings CDs — 4.50% ...

A CD can be a great fit for savings goals with a ... First National Bank of America and Connexus Credit Union. *APYs as of March 3, 2025, based on the banks we track at CNET.

Cashing out a CD early will cost you a penalty ... in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults ...

Let’s say you invest $10,000 in a CD with a 2.00% APY, but the inflation rate is 3%. By the end of the first year, the CD will have accrued $200 in interest, bringing your total savings to $10,200.

The average 3-year CD rate today is 1.40% APY, however, many 3-year CDs offer higher rates, with the highest above 5%. A 3-year CD can be a good option if you want your money to grow steadily for ...