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.

Currently, the best 1-year CD rates are some of the best rates you can get on CDs in general. The best CD rate for a 12-month CD term right now is 4.55% APY from Credit Human Federal Credit Union.

In January 2025, the Federal Reserve kept interest rates steady. Since Federal Reserve decisions impact CD rates, it's likely that CD rates will stay around the same in February as they were in ...

Commissions do not affect our editors' opinions or evaluations. A one-year certificate of deposit (CD) gives you a guaranteed return on your investment with the security of FDIC insurance and the ...

CDs traditionally lack liquidity, which can be a huge drawback. If you're afraid of being stuck paying early withdrawal penalties in case of an emergency, no-penalty CDs can help you avoid that risk.

Edward Jones CD rates are competitive with several of the best CD rates out there. If you're looking to use CDs as part of your savings strategy, Edward Jones' brokered CDs may be worth considering.

Charles Schwab CD rates are similar to some of the best CD rates at online banks and credit unions — just keep in mind that brokered CDs aren't the same as traditional CDs, though. You may like ...

Business Insider's personal finance team compared Fidelity CDs to the best CD rates and discovered it was a standard offering. Its CD rates are generally strong, but they change often, and ...

Lauren Graves is an educator-turned-editor specializing in personal finance content. She seeks to make complicated topics easier to understand and less intimidating to the average reader with ...

But, a certificate of deposit (CD) can help. That's because today's leading accounts come with higher returns than the current inflation rate. However, strong current returns aren't the only ...

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 ...

Business Insider's personal finance team compared Citizens CD rates to the best CD rates and found it to be a standard offering. Some of its CDs offer competitive rates, but not all, and it doesn ...