See how we rate banking products to write unbiased product reviews. Currently, 1-year CDs offer some of the highest CD rates you can find across the board. The best CD rate for a 12-month CD term ...

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.

The Federal Reserve has a meeting on January 28-29, which could impact future CD rates. The Fed made an interest rate cut in December 2024, lowering its rates for the third meeting in a row.

With no minimum deposit requirements and high interest rates, Barclays is a contender for the best CDs today MoMo Productions / Getty Images Barclays is a 300-year-old British bank trying to stay ...

Mandy is a personal finance contributor to Newsweek’s personal finance team. She started out as a licensed insurance agent in 2005 and began her freelance writing career in 2018. Mandy uses her ...

CDs are a good savings option to park money for a few months or years with minimal risk of losing your earnings. If you need to access the money before it fully matures, you’ll often pay an ...

A no-penalty certificate of deposit is a type of CD that charges no fee for withdrawing money before the term expires. It offers more flexibility than other CDs. Strict editorial guidelines to ...

This development will likely result in lower CD yields, just as the Fed’s decision to hike rates throughout 2022 and 2023 to stymie inflation led to yields increasing. While average CD rates ...