Introducing the New Nationwide Leader: Today’s Best CD Rates

Another day ⁢brings more good news for CD shoppers: Instead of only being able to earn‍ the nation-leading CD rate of 5.75% APY⁢ for a 9-month term, you can ‍now lock up that record⁣ return for 15 months.

Today’s new co-leader at 5.75% APY ⁣comes from Citizens State Bank, available with⁤ a $10,000 minimum deposit. But don’t worry if that entry point ‌is too high for your budget. Our daily ranking of the best CDs offers dozens ‌of other options paying top-tier rates with ‍low minimum deposit requirements.

Key Takeaways

The highest national rate across all CD ‌terms is now available on two ‍CDs, paying 5.75% APY, ⁢one with a ‌9-month term from Andrews Federal Credit Union, the other with a 15-month term from Citizens State Bank.
The longest duration for which you can earn at least 5.00% APY is 36 months, for a CD with 5.13% APY. If you have a jumbo-sized deposit,‍ however, you can stretch ​that to four years and earn ‌5.12% APY.
The Federal Reserve raised the…

2023-07-31 16:30:40
Article from www.investopedia.com
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