In this Guide: Best 5-Year CD Rates · Highest 5-Year CD Rates Today · Factors to Consider When Choosing a CD · Alternatives to 5-Year CDs · How To Open a 5-Year CD · The Bottom Line · Frequently Asked Questions · Methodology
The results from JPMorgan, Wells Fargo, and Citigroup mark the start of earnings season for America's banks as investors watch for signs of how high interest rates are affecting lenders.
Quontic’s best rate for a certificate of deposit (CD) is 4.95% annual percentage yield (APY) for a 3 months term, which beats rates from many traditional and online banks. ; Quontic offers five fixed-rate CDs but no specialty CDs. ; Along with CDs, the online bank has a high-yield savings account and a money market account, both of which have competitive rates.
Synchrony Bank’s highest CD rate is 4.50% APY for a 9 month term. ; We rate Synchrony CDs 4.6 out of 5 stars because they have competitive rates, a number of options and no fees or minimum deposit requirement. ; Synchrony has an 11-month no-penalty CD that allows you to withdraw money without paying a fee.
TD Bank’s savings account rates range from 0.01% to 4.00% APY, primarily depending on your account balance. ; TD Bank has no minimum opening deposit requirement on either of its savings accounts. ; Along with its savings account offerings, TD Bank also offers CD, checking, credit card, loan and retirement products.
We can help you forecast CD interest rates for 2024 and 2025. Then, you can decide if a Certificate of Deposit is suitable for growing your portfolio.
The highest TD Bank CD rate is 4.5% APY for a 6-month term, but you need an eligible checking account to earn it. ; In addition to regular CDs, TD Bank has no-catch CDs with no early withdrawal penalties, step-rate CDs that increase in interest and IRA CDs for retirement. ; There’s a $250 minimum opening deposit for most TD Bank CDs, and some rates change based on your deposit.
Find a high yield CD account from Discover. Compare online CD rates and choose the best CD term to reach your financial goals. Open a CD online today.
10 Best 2-Year CD Rates of 2024 2-year Certificate of Deposit Overview A certificate of deposit (CD) is an alternative type of savings account offering a guaranteed interest rate for a set amount o...
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, our opinions are our own. See how we rate banking products to write unbiased product reviews. The Federal Deposit Insurance Corporation keeps track of interest rates offered by banks for different types of accounts. Here are the average bank interest rates of savings accounts, CDs, money market accounts, and interest-earning checking accounts. ...