E. Napoletano is a former registered financial advisor and award-winning author and journalist. Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect ...
Ben Gran is a freelance contributor for Forbes Advisor on banking. He also writes for The Ascent (a Motley Fool service), where he covers insurance, credit cards, personal finance and investing.
You might want to open a 6-month CD if you're looking for a way to lock in a high interest rate for half a year. According to the FDIC, the national average CD rate on a 6-month term is 1.63% APY ...
CDs generally have higher interest rates than savings accounts but less flexibility. Enter your deposit, CD term and annual percentage yield below to see how much money you’d earn on a CD.
One notable option to consider is a CD from Synchrony Bank. Known for its wide variety of CD terms and types—including bump-up CDs and no-penalty CDs—Synchrony Bank is a compelling choice for ...
The bank offers competitive rates on CD terms up to five years. To open a CD with Quontic Bank, there is a relatively low minimum deposit of $500. There are also no monthly fees and the CD ...
Who would’ve thought that in 2025, there would still be new vehicles being sold with CD players? Well, we checked, and our research shows that there are just four of them left. We get that if ...
Certificate of deposit (CD) accounts come in all different lengths (or terms). Ranging from as short as three months to as long as 10 years, there's likely a CD term that's right for you and your ...
Some CD rates at Wells Fargo are good, but Wells Fargo requires a hefty minimum opening deposit, and it doesn't offer many CD terms. Wells Fargo only offers fixed-rate CDs, which means your rate ...
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.
CD rates ebb and flow as the Federal Reserve adjusts rates. If you want to lock in current CD rates before they fall, you might have to act fast. A high-yield savings account could be the perfect ...