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Standout CD rates
CDs are an excellent way to earn money for doing virtually nothing. They often pay more in interest than your average savings account — sometimes as much as 5 times more. And thankfully, it only takes minutes to find the best one for you. Check out the offers from our partners and start earning more interest today.
The key difference between CDs and savings accounts
CDs typically have a higher APY – though nowadays the differences are slim – but require you to leave your money untouched for the length of the CD term. Savings accounts, on the other hand, offer you access to your cash whenever you want. If you want instant access to your money, a savings account might be the better option.
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Bank | Terms | APY | CTA |
|---|---|---|---|
 NerdWallet rating | 1 year $500 minimum balance | APY 1.10% | At Marcus by Goldman Sachs, Member FDIC |
View Details | |||
How we rate banks and credit unions
Standout Savings Accounts
Savings accounts offer you access to your cash whenever you want. If you want instant access to your money, a savings account might be the better option than a CD.
| Bank | APY | Monthly Fee | Details |
|---|---|---|---|
 at American Express National Bank, Member FDIC | 1.00% With $0 minimum balance | $0 | Pros
Cons
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at Marcus by Goldman Sachs, Member FDIC | 1.05% With $0 minimum balance | $0 | Pros
Cons
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Why online banks dominate the list
The most important factor for virtually every CD-shopper is the APY. And, as it happens, online banks are the ones offering highly-competitive APYs and rock-bottom maintenance fees.
