:max_bytes(150000):strip_icc()/8NqAp-top-cd-rates-since-november-2021-as-of-aug-22-2023-ac64fd7f63d944f79cb20bf0ae535aac.png "New National Leader: Jumbo CD with 5.85% Interest Rate")
We have a new overall rate.html” title=”New National Leader: Jumbo CD with 5.85% Interest Rate”>rate leader today—a freshly unveiled 6-month jumbo CD paying 5.85% APY. If you can’t manage a $100,000 deposit, though, today also brings a new option to earn the top standard-CD rate of 5.75% APY.
The new jumbo leader is offered by One American Bank on a 170-day term. Among standard CDs, the leading 5.75% rate is still available from MapleMark Bank for 12 months, but now also from Abound Credit Union for 10 months.
Key Takeaways
The highest nationwide CD rate is now 5.85%, but it’s only available as a jumbo certificate with a $100,000 deposit.
For smaller deposits, the overall leading rate in our daily ranking of the best nationwide CDs is 5.75%, with a second option joining the ranks today at that rate.
The number of our “Benchmark Leaders”—those offering 5.50% or more—is up to 29, from 28 yesterday and just 15 at the start of August.
The longest duration for which you can earn at least 5.00% remains three years at a rate of 5.13% APY, or…
2023-08-22 16:40:56
Source from www.investopedia.com
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