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Look for the highest APY for the term you’re interested in. The APY is the amount of interest the CD earns in a year — including compounding. Unlike a savings account, CD rates are fixed ...
Prior to today, the highest overall APY was a slightly higher 5.55 percent, on a one-year CD from Salem Five Direct — which has since lowered that APY to 5 percent.
With economists projecting multiple Fed rate cuts this year, opening a CD right means you can continue earning strong yields of up to 4.27% APY into next year, no matter how low rates drop in the ...
Look for the highest APY for the term you’re interested in. The APY is the amount of interest the CD earns in a year — including compounding. Unlike a savings account, CD rates are fixed ...
The highest rate you'll find on a widely available CD is 5.51% APY, offered on a one-year term. Rates of at least 5% APY can be found on terms of up to two years. Top APYs are around three times ...
Key takeaways. The top CD rate remains 5.55% APY on a one-year CD from Salem Five Direct. Rates have edged down in recent months, yet for the most part they remain elevated.
You’ll find rates of 5.00% APY or higher on nearly 40 available CDs. The highest APY today is 5.50% on a three-month term. For comparison, the national average three-month APY is just 1.28%.
This is thanks to a CD’s fixed annual percentage yield (APY). As of late, the top APY across CD terms is 5.55 percent, and it’s offered on a 12-month CD special from online-only bank Salem ...