Find the best high yield CD rates below or read the latest certificate of deposits analysis here.
Certificate of deposit rates were unchanged in this week's national survey of interest rates.
The average 1-year CD yield was 0.28% for the 4th straight week. The average 5-year yield was 0.86% for the 3rd consecutive week.
The average jumbo CD yield also was unchanged. Jumbo CDs require a $100,000 deposit.
The average 1-year jumbo CD yield was 0.31% for the 2nd straight week. The average 5-year yield was 0.91% for the 2nd consecutive week.
For the 50th week in a row, the average money market account yield was 0.09%.
These certificates of deposit offer withdrawal flexibility, but the yields aren't too hot. Read more
Bankrate's CD Study shows rising-rate CDs start slow, depend on market to catch up. Read more
U.S. Treasury bills and bonds are almost always a solid investment. Why? They're backed by the U.S. government. Read more
Here are the average CD rates from Bankrate's weekly survey of large banks and thrifts. Read more
The best jumbo CD rates are reserved for high rollers, but savvy consumers can get an edge, too. Read more
A certificate of deposit, or CD, is one of the safest and most predictable investments around. As long as the CD is backed by the FDIC, it's guaranteed not to lose principal, and in most cases, investors can count on earning a stable return for the full term of the CD. Find out more about the factors that you need to consider when choosing a CD below.
The length of time until the CD matures and the money deposited within can be withdrawn without penalty.
Short for annual percentage yield, APY is the total return of the CD per year, taking into account the beneficial effect of compounding.
The percentage of the CD's principal paid out annually in interest. Does not take into account the effect of compounding.
The minimum amount of money you need to open a particular CD. Banks may be willing to pay higher rates of interest on CDs with higher minimum deposits.
Short for Federal Deposit Insurance Corporation, the FDIC is an independent government-backed agency that covers the deposits of accountholders at FDIC-insured banks. FDIC-insured deposits are backed by the full faith and credit of the U.S. government, and since the agency was established in 1933, no depositor has lost a single cent of insured principal.