In recent years, certificate of deposit (CD) interest rates reached historic highs, due, in large part, to the Federal Reserve pushing up its benchmark rate to try and temper inflation. As the ...
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 accurate ...
A brokered CD is bought through a brokerage firm rather than a bank. It offers most of the benefits of a traditional CD, plus longer terms and higher interest earnings. At the same time, brokered CDs ...
A jumbo CD is the same as a standard CD, except that it pays a higher APY in exchange for a significantly larger opening deposit, typically around $100,000. Like standard CDs, jumbo CDs offer fixed ...
-0.40 percentage point (40 basis points). See methodology details Medians, or midpoints, consist of APYs of CDs or share certificates collected from the websites of the following 21 financial ...
Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Chase offers flexible terms but low APYs on its certificates of deposit Rebecca ...
Brooklyn Sprunger is a full-time Content Manager and Personal Finance Writer at Motley Fool Money, where she oversees product reviews and ratings while also writing about credit cards, bank accounts, ...
Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. A ...
Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...