Here's what you really need to know about CDs right now. CD rates have dropped, but on average, are higher than inflation. In September 2024 (the most recent month we have data for), the U.S ...

Right now, you could still secure a 4.50% rate on a 1-year CD or 4.85% on a 6-month CD. Even 3-year CDs have rates over 4% currently. But, as has been shown for most of 2024, these rates are ...

(See some of the highest CD rates you may get now here.) That’s why we’ve analyzed CD reviews and rankings from 11 of the most trusted financial sites in America — Bankrate, CNBC Select ...

CD rates have already fallen from their 5.00% APY highs and another rate cut is likely coming in a few weeks. Opening a CD now can help you ... See Capital One website for most up-to-date rates.

While these factors are undoubtedly beneficial for the broader American economy, they're less advantageous for savers accustomed to earning a big return on their money in recent years. As ...

“The most competitive CD yields ... benefit to waiting on locking in a CD. Yields will only decline further by waiting so if you have the cash to lock in now, do it,” says McBride.