But the flipside to higher CD rates is that it's gotten more expensive to borrow money across the board. So while you might ...

If you click on links we provide, we may receive compensation. Our Guide to the Highest 5-Year CD Rates Available to Anyone in the U.S. Ebony Howard is a certified public accountant and a ...

See how we rate banking products to write unbiased product reviews. The best 5-year CD rate is 4.32% APY from the Lafayette Federal Credit Union. The best 5-year CDs far outpace the national ...

The one-year CD is a standout at 5.00% APY. The minimum deposit to open a Citizens Access CD is $5,000, so it’s best for savers who have more to invest. The attractive CD rates we’ve seen in ...

Though a big question many have is whether to go for a 1-year vs. a 5-year CD account. "One-year CDs can be good for a number of reasons — short-term savings, CD ladders, savings for a known ...

The best 5-year CD rates come with a 4.00% APY or better. Of course, there’s more to choosing the right CD than APY. We compared rates, customer service reviews, fees and more to bring you the ...

First National Bank pays 4.50% APY—topping our list of the best 5-year CD rates. We’ve compared 142 CD accounts at 84 nationally available banks and credit unions to find some of the best five ...

Are 5-year CD rates going up? CD rates mirror the rise and fall of the federal funds rate, which is set by the Federal Reserve. In 2022, the Federal Reserve pushed short-term interest rates higher ...

The best CD rates today are above 5% for one-year terms and above 4% for three- to five-year terms. CDs provide a boost to savings, with certain limits: You agree to lock up a fixed sum for a set ...

The average three-month CD yield rose from 0.06%, near-nothing, in December 2021 to 1.53% in May 2024 according to the FDIC, with the most competitive rates on that term topping 5.50% in May.

Bob Haegele is a freelance personal finance writer. He specializes in topics such as credit cards, investing, and banking. Bob holds a degree from Marquette University in Milwaukee, Wisconsin.