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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 10 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

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CD rates hinge on a few basic inputs, so be sure to enter your info below.
Deposit amount

Length of CD

NerdWallet Rating

Bank

Terms

APY

CTA

NerdWallet rating

View Details

1 year
$1500 minimum balance

APY

5.25%

At Bread Savings,
Member FDIC

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1 year
$1000 minimum balance

APY

5.15%

At Alliant Credit Union,
Member NCUA

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9 months
$1000 minimum balance

APY

5.05%

At EverBank,
Member FDIC

View Details

NerdWallet rating

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1 year
$0 minimum balance

APY

5.05%

At BMO Alto,
Deposits are FDIC Insured

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NerdWallet rating

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9 months
$0 minimum balance

APY

4.90%

At Synchrony Bank,
Member FDIC

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1 year
$2500 minimum balance

APY

4.70%

At Discover® Bank,
Member FDIC

View Details

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Want to earn a high APY on your savings?

High-yield savings accounts offer you instant access to your cash whenever you want, while offering massive APYs. To make the search easier, we created this shortlist of standout picks from our partners. Check out the offers, from our partners, and start earning interest today.
BankAPYMonthly FeeDetails
American Express® High Yield Savings Account's logo
NerdWallet rating 

at American Express National Bank, Member FDIC

4.25%

With $1 min. balance for APY

$0

Pros
  • Customer service available 24/7
  • $0 minimum balance
  • No monthly fees
Cons
  • No checking account, mobile app or ATM cards
  • No branches

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Broker

Highlights

Commissions

Account Minimum

Current Offers

Start Investing

NerdWallet rating

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No commissions; free and robust research

Commissions

$0

per trade for online U.S. stocks and ETFs

Current Offers

None

no promotion available at this time

on Fidelity's website

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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 offering massive APYs — as much as 10x the average APY* — plus, they also offer rock-bottom maintenance fees.
*10x more interest based on the national average annual percentage yield ("APY") of 0.04% (as reported by the Federal Deposit Insurance Corporation as of August 1, 2021) as compared to online banks with interest-bearing account APYs of 0.50% or more. Estimated annual earnings result assumes principal and interest remain on deposit for one year and interest rates and APY do not change. Estimated annual earnings are for informational purposes only. Interest rates and APY are subject to change and specific results cannot be guaranteed.
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