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Today’s featured pick is the 3-year CD account offered by Popular Direct. This account has an APY of 4.25%. With a required minimum opening deposit of $10,000, this CD is an excellent choice for ...
Image source: Getty Images. For most of 2024, certificates of deposit (CDs) had been offering their highest rates in decades. If you shopped around, you could get a CD with a 5.50% APY or higher.
In all, you’ll find rates between 5 and 5.51 percent APY on CDs of up to two years, while longer terms of three to five years earn top APYs between 4.5 and 4.75 percent.
Estimated earnings on $5,000 with top APY. 6-month. Bank5 Connect. 5.50%. N/A. ... average CD APYs rose to the highest they’d been in many years, with APYs on some competitive CDs climbing as ...
Putting $5,000 in the top-earning, one-year CD will earn $283 in interest, compared with $87 in a one-year CD that earns the national average APY of 1.73 percent. Today’s CD rates by term CD term
Top APYs on CDs with terms of six months to two years are currently 5% and higher, while terms of three to five years are above 4% APY. ... CD earnings are referred to as interest, while share ...
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