Here are some of the best CD rates by term today: 6-month CD rates Bread Savings — 4.45% APY Limelight Bank — 4.45% APY Bank5 Connect — 4.40% APY 1-year CD rates Popular Direct — 4.40% APY ...

Best CD rates by term Historically, longer-term CDs pay higher rates. For example, according to data from the Federal Deposit Insurance Corporation (FDIC), six-month CDs averaged 0.78% in 2009 ...

If you’re planning a big trip to Italy in six months or hoping to buy a new car next year, a CD might help you save up. A CD, or a certificate of deposit, is a type of savings account that lets ...

CD interest rates could be headed downward, but you can capture the most competitive rates now, ahead of any future rate cuts by the Federal Reserve. The most beneficial CD term for you, though ...

A high-yield certificate of deposit (CD) can help you earn more on your savings. Here’s how high-yield CDs work.

When your CD term comes to an end, your money may be automatically rolled over or released back to you along with the interest accrued. As the end of the CD term approaches, your CD provider will ...

By Vivien Lou Chen Last Updated: Jan. 14, 2025 at 4:01 p.m. ET First Published: Jan. 14, 2025 at 11:53 a.m. ET Listen (2 min) ...

How to ladder 6-month CDs A six-month CD, along with other short-term CDs, can be used as part of a ladder. CD laddering allows you to take advantage of rates while retaining access to your money ...