Rebecca Lake is a journalist with 10+ years of experience reporting on personal finance. She also assists with content strategy for several brands. Katie Miller is a consumer financial services ...

Our pick for the best CD rates are Barclays (5.10%), Ally Bank (4.80%) and Quontic Bank (4.95%). We’ve put together a list of the best CD rates from our top-rated banks, credit unions and other ...

The Federal Reserve has raised the federal funds rate 11 times since March of 2022, pushing CD rates to highs that haven't been seen in years. With rate cuts expected to come in 2024, now may be ...

If you default on a CD-secured loan, the bank or credit union may not only take your CD to cover your loan payments but might charge you an early withdrawal penalty as well. Pros and Cons of CD ...

Commissions do not affect our editors' opinions or evaluations. Promotional CD rates offer annual percentage yields (APYs) far higher than average CD rates with the same low-risk profile.

However, many CD rates are still outpacing inflation, so CDs are certainly still worth a look. As a banking reporter who covers top CD rates on a daily basis, I’ve selected five important ...

Here's what CNBC Select wants you to know. What we'll cover CD or the market? What to consider first Once your know your time horizon In the long term Bottom line Sara Kalsman, a certified ...

With a low minimum deposit requirement to open ($500), and a good APY (3.35%), this 24-month CD would be a good option if you’re starting to build up your savings. Quontic credits CD interest ...

Please view our full advertiser disclosure policy. CIT Bank’s no-penalty CD has a competitive yield on an 11-month CD term. The tradeoff, though, is that it requires the highest minimum deposit ...

However, by opening a certificate of deposit (CD), you can still lock in a high rate for a set amount of time. That way, even if banks continue to lower their interest rates, you will still earn a ...