Commissions do not affect our editors' opinions or evaluations. After climbing for the past couple of years, CD rates have been slowly declining in 2024. CD rates tend to track the federal funds rate.

A short-term certificate of deposit (CD) account comes with an interest rate higher than most traditional savings accounts, high-yield savings versions, and even many long-term CD options.

After a string of cuts were made to the federal funds rate by the Federal Reserve in 2024, many savers have felt like the good times were over for certificate of deposit (CD) account yields.

As a result, the best CD rates in the nation have largely been holding steady after drifting a bit lower at the end of last year. Certificates of deposit (CDs) continue to pay historically high ...

Lauren Graves is an educator-turned-editor specializing in personal finance content. She seeks to make complicated topics easier to understand and less intimidating to the average reader with ...

If you're planning to put $100,000 or more into a CD, a jumbo CD might be a good choice. But keep in mind that some regular CDs pay even higher rates than jumbo CDs, so make sure to shop around ...

At the last Fed meeting, the Federal Reserve kept interest rates steady. Fed rates tend to impact CD rates, so it's expected that CD rates will stay relatively stable until the next Fed meeting ...

When choosing a certificate of deposit (CD), you have to compare a few figures to make the right call for your needs — any minimum balance requirements or the amount of interest earned ...

So is a 6-month certificate of deposit (CD) a good idea? Right now, the annual percentage yields (APYs) on the best 6-month CDs hover around 4.00% to 4.50%. These rates definitely seem attractive ...

Certificate of deposit accounts (CD accounts) operate similarly to high-yield savings accounts in some ways, but the two have some very important differences. What is a high-yield savings account ...

With three back-to-back Fed rate cuts behind us last year and two more expected in 2025, CD rates have been gradually declining. But you haven't missed your chance to lock in solid returns.