Don’t overlook certificates of deposit.
Today’sbest CDsoffer annual percentage yields (APYs) up to 4.65% more than three times thenational average.
Though CDs are low-risk like savings accounts, they aren’t as liquid as other investments.
Is a CD right for you, and how much interest could you earn by opening one?
Read on to find out.
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CDs have plenty of perks, but they’re not always the best option.
“It really depends on your goals,” Kovar said.
Check out thetop savings ratesnow.
Methodology
CNET reviews CD rates based on the latest APY information from issuer websites.
We evaluated CD rates from more than 50 banks, credit unions and financial companies.
We evaluate CDs based on APYs, product offerings, accessibility and customer service.
*APYs as of Feb. 27, 2025, based on the banks we track at CNET.
Earnings are based on APYs and assume interest is compounded annually.
