Taylor Tepper

1 week ago | forbes.com | Taylor Tepper

Key TakeawaysToday’s highest CD rate is 5.02% for a 1-year CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money long-term. The best interest rates on CDs—certificates of deposit—pay up to 5.02% today, based on certificate term lengths. Here’s an overview of how CD rates are changing, followed by a guide to the current top CD rates across different terms.

1 week ago | forbes.com | Taylor Tepper

Key TakeawaysSavings account yields are much higher than a few years agoTop rates may fall if the Federal Reserve cuts interest ratesOnline banks tend to offer the best yields availableRates on savings accounts are the same compared to one week ago. You can now earn as much as 5.84% on your savings. Searching for an account where you can park some cash? Here’s a look at some of the best savings rates you can find today.

1 week ago | forbes.com | Taylor Tepper

Key TakeawaysToday’s highest CD rate is 5.02% for a 1-year CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money long-term. The best interest rates on CDs (certificates of deposit) currently top out at 5.02%, depending on the term. Here’s a look at how CD rates are trending, along with an overview of the best rates for various terms.

1 week ago | forbes.com | Taylor Tepper

Key TakeawaysSavings account yields are much higher than a few years agoTop rates may fall if the Federal Reserve cuts interest ratesOnline banks tend to offer the best yields availableRates on savings accounts are the same compared to one week ago. You can now earn as much as 5.84% on your savings. Shopping for an account where you can save for a rainy day or retirement? Here’s a look at some of the best savings rates you can find today.

1 week ago | forbes.com | Taylor Tepper

Key TakeawaysToday’s highest CD rate is 5.02% for a 1-year CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money long-term. Today’s best interest rates on CDs (certificates of deposit) are as high as 5.02%. Rates vary by term and often fluctuate, and they are expected to fall as the Federal Reserve lowers interest rates.