Key takeaways
Is your money working as hard for you as it could be?
If it’s in a savings account with a variable annual percentage yield, it might not be.
Today’sbest CDsearn up to 4.65% APY more than three times thenational average.
Savings rates, on the other hand, can change at any time.
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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“It really depends on your goals,” Kovar said.
Check outtop 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. 28, 2025, based on the banks we track at CNET.
Earnings are based on APYs and assume interest is compounded annually.
