Not all CDs are created equal, though. Some offer better rates, others more flexibility and some offer a happy medium between the two, so it can be tough to determine which option you should choose.

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.

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...

The Fed held rates steady at its March Federal Open Market Committee meeting. Fed rates tend to impact CD rates, so it's expected that CD rates will stay relatively stable until the next Fed ...

Cassidy Horton is a finance writer covering banking, life insurance and business loans. She has worked with top finance brands including NerdWallet, MarketWatch and Consumer Affairs. Cassidy first ...

Browse Investopedia’s expert-written library to learn more. CDs, along with other types of deposit products, do not build credit. Only borrowing money through some type of loan from a ...

As you’ll see below, Wells Fargo CD rates are higher than the national average CD rates for some terms. Keep reading to see if a Wells Fargo CD is the right choice for your savings surplus.

While streaming and vinyl may be the formats grabbing headlines these days, let's not forget that many of us still stand by our CD collection. Streaming is more convenient and affordable, but there's ...

You can find her jogging through Austin, TX, or playing tourist in her free time. Capital One 360 CDs have multiple terms, all with higher-than-average interest rate annual percentage yields (APYs).

Commissions do not affect our editors' opinions or evaluations. The best one-year CD rate is 4.45%, offered by CommunityWide Federal Credit Union. This account is the highest-rated on our list ...

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 ...