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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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Deposit amount
Length of CD
NerdWallet Rating
Bank | Terms | APY | CTA |
|---|---|---|---|
1 year $500 minimum balance | APY 4.25% | At Goldman Sachs Bank USA, Member FDIC | |
View Details | |||
1 year $1000 minimum balance | APY 4.10% | At Alliant Credit Union, Member NCUA | |
View Details | |||
1 year $0 minimum balance | APY 4.10% | At Discover® Bank, Member FDIC | |
View Details | |||
View all CDs
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.
| Bank | APY | Monthly Fee | Details |
|---|---|---|---|
 Apply Now at American Express National Bank, Member FDIC | 3.90% With $0 min. balance for APY | $0 | Pros
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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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