CDs

Check out the best CD rates for a variety of term lengths.

Check out the best CD rates for a variety of term lengths.

Check out the best CD rates for a variety of term lengths.

PenFed CD rates range from 0.00% to 4.20% for terms of six months to seven years, but you can often find better CD options from other institutions

CIT Bank CD rates range from 0.30% to 3.50% APY, and the bank offers standard, jumbo and no-penalty CDs with terms between six months and five years

PNC Bank offers fixed-rate certificates of deposit (CDs) with terms of one month to 10 years and rates from 0.02% to 5.05% annual percentage yield (APY).

Online-only Alliant Credit Union offers regular, jumbo and IRA CDs with rates from 4.00% to 5.20% APY and terms ranging from three months to five years

Check out the best CD rates for a variety of term lengths.

Check out the best CD rates for a variety of term lengths.

Check out the best CD rates for a variety of term lengths.

Check out the best CD rates for a variety of term lengths.

Check out the best CD rates for a variety of term lengths.

The best three-year certificate of deposit (CD) rate is currently 5.92% annual percentage yield (APY), which is much higher than the national average interest rate of 1.95%. With rates expected to fall later in the year, the experts interviewed by the MarketWatch Guides team said now is the time to lock in high yields on CDs.

Check out the best CD rates for a variety of term lengths.

Check out the best CD rates for a variety of term lengths.

Check out the best CD rates for a variety of term lengths.

Check out the best CD rates for a variety of term lengths.

Check out the best CD rates for a variety of term lengths.

Check out the best CD rates for a variety of term lengths.

Check out the best CD rates for a variety of term lengths.

Understanding certificate of deposit market trends from 1980 to 2023

BMO Alto’s high-yield CDs offer APYs from 4.60% to 5.15% and terms ranging from six months to five years, and there are no minimum deposit requirements

A certificate of deposit (CD) is a financial instrument that pays a fixed interest rate with restricted access to funds until maturity.

M&T Bank offers CD terms ranging from 32 days to 72 months, with a $1,000 minimum deposit for all CDs and featured APYs ranging from 3.75% to 4.85%

USAA CD rates range from 0.05% to 5.05% APY, with a $1,000 minimum deposit.

U.S. Bank offers a wide variety of standard and specialty CDs, with terms ranging from one month to five years and interest rates up to 4.75% APY.

From traditional to specialty CDs, explore the types of CDs available, including their options and features, so you can make an informed investment choice

Marcus certificate of deposit (CD) rates range from 3.90% to 5.15% annual percentage yield (APY), with terms between six months and six years available.

CD ladders stagger your savings into multiple certificates of deposit, helping you maximize your return while keeping regular access to your cash.

The highest five-year certificate of deposit (CD) rates today are offered by BMO Alto (4.80%), Raymond James Bank (4.55%) and First National Bank of America (4.50%).

The best three-month certificate of deposit (CD) rates today are 5.50% from Shoreham Bank, 5.43% from HomeTown Bank and 5.35% from Bask Bank.

Credit One Bank, Alliant Credit Union, State Department Federal Credit Union, Quorum Federal Credit Union and Rising Bank offer the best jumbo CD rates.

Compare the highest jumbo CD rates up to 5.41% APY from online banks and credit unions

The best six-month certificate of deposit (CD) rate is currently 5.48% annual percentage yield (APY), while the national average rate is 2.51%. With rates expected to fall later in the year, the experts we interviewed said now is the time to lock in high yields on CDs.

The best one-year certificate of deposit (CD) rates are currently offered by Nano Banc (6.00%), Merchants Bank of Indiana (5.92%) and EagleBank (5.44%). To put together our list of the best one-year CD rates, we at the MarketWatch Guides team researched 154 banks, credit unions and fintech companies, of which 129 offer one-year CDs.

Our picks are from highly-rated financial institutions and feature perks such as low minimum opening deposits, rate guarantees, extra time to add funds and great customer service.

Ally CDs rates range from 3.00% to 4.85% APY and require no minimum deposit.

Wells Fargo certificates of deposit (CDs) can help boost your short-term savings, with select terms offering up to 5.01% APY

Discover CD rates range between 2.00% to 4.70% for terms of up to 10 years, and you can start earning these rates with a minimum opening deposit of $2,500

Current CD rates have reached highs not seen since 2007. The four experts we interviewed said now is the time to lock in high yields on longer-term certificates of deposit (CDs), with the Federal Reserve expected to cut interest rates in 2024. Read below for the best CD rates in the country and our top picks for this low-risk investment.